DFX Intelligence
Lytton Partners 125.4
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
3 additional principals, 2 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
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Nothing material in the last 365 days. Last change: 9 Jun 2022, Latest Form D filed on 9 Jun 2022: $1.1B sold of $1.1B offered, 126 investors. 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
- 2022basis: 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
- $1.1Bwhat may be sold, not what was raised; file 021-448655, sworn by the adviser or filed under this vehicle
- Form D sold
- $1.1Bas of the filing of Jun 9, 2022, 126 investors
- First sale
- May 25, 2022
- Reported GAV
- $1.1Bon the Form ADV filed Sep 1, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 128
- Reported on ADV
- Mar 29, 2023 to Sep 1, 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 2022-06-09: the stated $1.1bn offering reported fully sold (fr-1)
evidence dated Jun 9, 2022.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 4first sale: May 25, 2022vintage year: 2022adv gav as of: Sep 1, 2026vintage basis: Form d first saleform d sold: $1.1Bform d offering: $1.1Bform d latest filed at: Jun 9, 2022
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2023 | Venture Capital Fund | $1.1B | 126 | $250,000 | 0% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $1.1B | 126 | $250,000 | 0% | yes | |
| Dec 20, 2024 | Venture Capital Fund | $1.1B | 126 | $250,000 | 0% | yes | |
| Sep 1, 2026 | Venture Capital Fund | $1.1B | 128 | $250,000 | 0% |
Principals and agents
6 principals on Form D, 0 placement agents
- Alex S. Clayton Executive Officer
- Paul S. Madera Executive Officer
- Robert S. Ward Executive Officer
Service providers
5 named on Form ADV Schedule D and Form D
- AuditorBDO · SAN FRANCISCO, California, United StatesForm ADV filed Sep 1, 2026 reports.adviserinfo.sec.gov
- CustodianCITIZENS PRIVATE BANK · MENLO PARK, California, United StatesForm ADV filed Sep 1, 2026 reports.adviserinfo.sec.gov
- CustodianBank of America · SAN FRANCISCO, California, United StatesForm ADV filed Sep 1, 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).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
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.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
2 events
- Mar 29, 2023Lytton Partners 125.4 first reported on Form ADV by Meritech Capital (Venture Capital Fund), GAV $1,100,050,000Fund first reported on Form ADV Fact Form ADV
- Jun 9, 2022Meritech Capital Partners VIII L.P. filed Form D: $1,100,000,000 sold of $1,100,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jun 9, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Jun 9, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Jun 9, 2022 Fact Form D
- Amendment: false Jun 9, 2022 Fact Form D
- Revenue range (Form D): Not Applicable Jun 9, 2022 Fact Form D
- Incorporated: withinFiveYears Jun 9, 2022 Fact Form D
- Jurisdiction: Delaware Jun 9, 2022 Fact Form D
- Amount sold (Form D): $1.1B Jun 9, 2022 Fact Form D
- Offering amount (Form D): $1.1B Jun 9, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jun 9, 2022 Fact Form D
- First sale: 2022-05-25 Jun 9, 2022 Fact Form D
- Investors (Form D): 126 Jun 9, 2022 Fact Form D
- Minimum investment (Form D): 0 Jun 9, 2022 Fact Form D
- Securities offered: pooled Jun 9, 2022 Fact Form D
- Office address: Jun 9, 2022 Fact Form D
- Year of incorporation: 2022 Jun 9, 2022 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Lytton Partners 125.4 is the same institution as 1 record in RIA and Wealth.
RIA and Wealth1
The joined record opens with the product, beside every other relationship on this page.
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Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2023-03-29source on record
- Form D filed2022-06-09source 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.