DFX Intelligence
Coefficient Capital Apex Fund I, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional placement agent, 2 events
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 1 LP reportpublic disclosures
1 public LP report name this vehicle; the latest, California Public Employees' Retirement System as of 31 Dec 2025, shows $83.7M committed and net IRR 0.8%, 1.00x (the LP's own figures).
A named LP and its own performance figures are the strongest outside read on a fund.
FactPublic pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)For LPs, fund-of-fundsLimited partners →
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2021basis: form d first sale
- 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
- $233Mwhat may be sold, not what was raised; file 021-404483, sworn by the adviser or filed under this vehicle
- Form D sold
- $233Mas of the filing of Jun 2, 2023, 16 investors
- First sale
- Jun 29, 2021
- Reported GAV
- $224Mon the Form ADV filed Sep 2, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 16
- Reported on ADV
- Mar 30, 2022 to Sep 2, 2026
Fundraising evidence
What counts as raisingA Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.Closed to new capital
Form D filed or amended 2023-06-02: the stated $233.0M offering reported fully sold (fr-1)
evidence dated Jun 2, 2023.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 5first sale: Jun 29, 2021vintage year: 2021adv gav as of: Sep 2, 2026vintage basis: Form d first saleform d sold: $233Mform d offering: $233Mform d latest filed at: Jun 2, 2023
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2022 | Venture Capital Fund | $145M | 15 | $75,000 | 1% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $150M | 15 | $75,000 | 1% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $226M | 16 | $75,000 | 1% | yes | |
| Sep 2, 2026 | Venture Capital Fund | $224M | 16 | $75,000 | 1% |
Principals and agents
2 principals on Form D, 1 placement agents
- Andrew Goletka Executive Officer
- Franklin Isacson Executive Officer
- Connaught (U.S.) LLC placement agent
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorRSM · BLUE BELL, Pennsylvania, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- AdministratorADURO ADVISORS, LLC · DENVER, Colorado, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianJPMorgan · NEW YORK, New York, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| California Public Employees' Retirement System calpers.ca.gov | 2023 | $83.7M | $36.4M | $9.2M | $27.6M | 0.8% | 1.0x | Dec 31, 2025 |
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| California Public Employees' Retirement System | STATE RETIREMENT SYSTEM | $83.7M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
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
7 events
- Dec 31, 2025CalPERS reports Coefficient Capital Apex Fund I, LP: $83,726,563 committed, vintage 2023, net IRR 0.8%, 1.0xLP commitment disclosed Fact Pension disclosure
- Dec 31, 2025CalPERS reports Coefficient Capital Apex Fund I, LP: $83,726,563 committed, vintage 2023, net IRR 0.8%, 1.0xLP commitment disclosed Fact Pension disclosure
- Mar 28, 2024Custodian changed: JPMorgan replaced Silicon Valley Bank, first reported on the Form ADV filed March 28, 2024 (previous filing March 31, 2023)Custodian changed Fact Form ADV
- Jun 2, 2023Coefficient Capital Apex Fund I, LP filed Form D/A: $232,959,375 sold of $232,959,375, Venture Capital FundForm D filed Fact Form D
- Jul 8, 2022Coefficient Capital Apex Fund I, LP filed Form D/A: $150,600,000 sold of $200,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
47 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jun 2, 2023 Fact Form D
- Entity type: Limited Partnership Jul 8, 2022 Fact Form D
- Entity type: Limited Partnership Jun 29, 2021 Fact Form D
- Form D fund type: Venture Capital Fund Jun 2, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Jul 8, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Jun 29, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Jun 2, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Jul 8, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Jun 29, 2021 Fact Form D
- Amendment: true Jun 2, 2023 Fact Form D
- Amendment: true Jul 8, 2022 Fact Form D
- Amendment: false Jun 29, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Jun 2, 2023 Fact Form D
- Revenue range (Form D): Decline to Disclose Jul 8, 2022 Fact Form D
- Revenue range (Form D): Decline to Disclose Jun 29, 2021 Fact Form D
- Incorporated: withinFiveYears Jun 2, 2023 Fact Form D
- Incorporated: withinFiveYears Jul 8, 2022 Fact Form D
- Incorporated: withinFiveYears Jun 29, 2021 Fact Form D
- Jurisdiction: Delaware Jun 2, 2023 Fact Form D
- Jurisdiction: Delaware Jul 8, 2022 Fact Form D
- Jurisdiction: Delaware Jun 29, 2021 Fact Form D
- Amount sold (Form D): $233M Jun 2, 2023 Fact Form D
- Amount sold (Form D): $151M Jul 8, 2022 Fact Form D
- Amount sold (Form D): $0 Jun 29, 2021 Fact Form D
- Offering amount (Form D): $233M Jun 2, 2023 Fact Form D
- Offering amount (Form D): $200M Jul 8, 2022 Fact Form D
- Offering amount (Form D): $200M Jun 29, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jun 2, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jul 8, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jun 29, 2021 Fact Form D
- First sale: 2021-06-29 Jun 2, 2023 Fact Form D
- First sale: 2021-06-29 Jul 8, 2022 Fact Form D
- Investors (Form D): 16 Jun 2, 2023 Fact Form D
- Investors (Form D): 15 Jul 8, 2022 Fact Form D
- Investors (Form D): 0 Jun 29, 2021 Fact Form D
- Minimum investment (Form D): 0 Jun 2, 2023 Fact Form D
- Minimum investment (Form D): 0 Jul 8, 2022 Fact Form D
- Minimum investment (Form D): 0 Jun 29, 2021 Fact Form D
- Securities offered: Equity, pooled Jun 2, 2023 Fact Form D
- Securities offered: Equity, pooled Jul 8, 2022 Fact Form D
- Securities offered: Equity, pooled Jun 29, 2021 Fact Form D
- Office address: Jun 2, 2023 Fact Form D
- Office address: Jul 8, 2022 Fact Form D
- Office address: Jun 29, 2021 Fact Form D
- Year of incorporation: 2021 Jun 2, 2023 Fact Form D
- Year of incorporation: 2021 Jul 8, 2022 Fact Form D
- Year of incorporation: 2021 Jun 29, 2021 Fact Form D
Relationships across DFX
on 2 other DFX graphs · 1 capital path
Across the graphs
Coefficient Capital Apex Fund I, LP is the same institution as 2 records in Allocators and RIA and Wealth.
Allocators1RIA and Wealth1
DFX found 2 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.
Checking your plan…
Capital chain
Coefficient Capital Apex Fund I, LP sits on 1 traced path of capital across the graphs.
Allocator to VC fund to manager to company
DFX traced 1 path of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Record history
6 dated events on the change ledger, latest event first
- LP commitment disclosed2025-12-31source on record
- LP commitment disclosed2025-12-31source on record
- Form D filed2023-06-02source on record
+3 more changes on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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.