PVC Secondary Fund 2, LP

Fundmanaged by Practical Vc Investment Advisor, LLC· Delaware
Reported gross assets
$71.7M
Form ADV, Sep 12, 2026
UnknownFundraising status unknownOutside venture scope

A non-venture vehicle outside venture scope, shown because its manager is on the venture graph.

More
As of · the latest observation of this vehicle; each figure below carries its own filing date

1 additional principal

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Nothing material in the last 365 days. Last change: 9 Dec 2021, Latest Form D filed on 9 Dec 2021: no amount sold reported. A Form D amount is what was sold at the filing, never a final close.

Drawing the relationship network…
Amounts, each with its basis
Vintage
unknownno dated first sale or first report yet
Target
unknownnot announced
First close
unknownnever inferred from a Form D
Final close
unknownonly from an announcement or an LP disclosure
Announced size
unknown
Form D offering
indefinitewhat may be sold, not what was raised; joined by exact issuer name, corroborated by a person on the adviser's roster named on the filing, the filing's signer sitting on the adviser's roster, not sworn by the adviser (confidence 0.85); file 021-424444
Form D sold
$0as of the filing of Dec 9, 2021
First sale
unknown
Reported GAV
$71.7Mon the Form ADV filed Sep 12, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
99
Reported on ADV
Sep 12, 2026 to Sep 12, 2026
Fundraising evidence
Unknown
latest Form D 2021-12-09, older than 15 months (fr-1)
evidence dated Dec 9, 2021.
Lifecycle
Unknown
no vintage and no recent Form D
first sale: n/avintage year: n/aadv gav as of: Sep 12, 2026vintage basis: n/aform d sold: $0form d offering: n/aform d latest filed at: Dec 9, 2021
The fund's own reporting through time
1 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Sep 12, 2026$71.7M
99$50,00024%
Principals and agents
4 principals on Form D, 0 placement agents
Service providers
2 named on Form ADV Schedule D and Form D
Limited partners and their reported performance
0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Known LPs and allocators
0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
4 events
  1. Sep 12, 2026
    PVC Secondary Fund 2, LP first reported on Form ADV by Practical Vc Investment Advisor, LLC, GAV $71,727,883
    Fund first reported on Form ADV Fact Form ADV
  2. Apr 25, 2024
    Custodian changed: Carta replaced Assure, first reported on the Form ADV filed April 25, 2024 (previous filing June 13, 2023)
    Custodian changed Fact Form ADV
  3. Jun 13, 2023
    Administrator changed: Carta replaced Assure, first reported on the Form ADV filed June 13, 2023 (previous filing March 24, 2022)
    Administrator changed Fact Form ADV
  4. Dec 9, 2021
    PVC Secondary Fund 2, LP filed Form D: no sales yet (indefinite offering), Private Equity Fund
    Form D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
  • Adv pdf fund: 71,727,883 Sep 12, 2026 Fact Form ADV
  • Entity type: Limited Partnership Dec 9, 2021 Fact Form D
  • Form D fund type: Private Equity Fund Dec 9, 2021 Fact Form D
  • Form D industry group: Pooled Investment Fund Dec 9, 2021 Fact Form D
  • Amendment: false Dec 9, 2021 Fact Form D
  • Revenue range (Form D): Decline to Disclose Dec 9, 2021 Fact Form D
  • Incorporated: withinFiveYears Dec 9, 2021 Fact Form D
  • Jurisdiction: Delaware Dec 9, 2021 Fact Form D
  • Amount sold (Form D): $0 Dec 9, 2021 Fact Form D
  • Exemptions: 06c, 3C, 3C.7 Dec 9, 2021 Fact Form D
  • Indefinite offering: true Dec 9, 2021 Fact Form D
  • Investors (Form D): 0 Dec 9, 2021 Fact Form D
  • Minimum investment (Form D): 0 Dec 9, 2021 Fact Form D
  • Securities offered: pooled Dec 9, 2021 Fact Form D
  • Office address: Dec 9, 2021 Fact Form D
  • Year of incorporation: 2021 Dec 9, 2021 Fact Form D

Relationships across DFX

on 2 other DFX graphs
Across the graphs

PVC Secondary Fund 2, LP is the same institution as 3 records in Private Equity and RIA and Wealth.

Private Equity2RIA and Wealth1

DFX found 3 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

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Record history

2 dated events on the change ledger, latest event first
  • Fund first reported on ADV
    2026-09-12source on record
  • Form D filed
    2021-12-09source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.