DFX Intelligence
Deepwater Venture Fund II, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
4 additional principals
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- +112%reported GAV
Reported gross assets rose from $20M to $42.3M between the Form ADV filings of 30 Sep 2024 and 12 Aug 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2023basis: 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
- indefinitewhat may be sold, not what was raised; file 021-501249, sworn by the adviser or filed under this vehicle
- Form D sold
- $12.5Mas of the filing of Jan 2, 2024, 27 investors
- First sale
- Sep 8, 2023
- Reported GAV
- $42.3Mon the Form ADV filed Aug 12, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 99
- Reported on ADV
- Mar 25, 2024 to Aug 12, 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.Unknown
latest Form D 2024-01-02, older than 15 months (fr-1)
evidence dated Jan 2, 2024.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 3first sale: Sep 8, 2023vintage year: 2023adv gav as of: Aug 12, 2026vintage basis: Form d first saleform d sold: $12.5Mform d offering: n/aform d latest filed at: Jan 2, 2024
The fund's own reporting through time
3 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 25, 2024 | Venture Capital Fund | $20.0M | 5 | $200,000 | 5% | yes | |
| Sep 30, 2024 | Venture Capital Fund | $20.0M | 5 | $200,000 | 5% | yes | |
| Aug 12, 2026 | Venture Capital Fund | $42.3M | 99 | $200,000 | 3% |
Principals and agents
7 principals on Form D, 0 placement agents
- Andrew Murphy Executive Officer
- Doug Clinton Executive Officer
- - Deepwater Venture GP II, LLC Executive Officer/Promoter
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorRSM · NEW YORK, New York, United StatesForm ADV filed Aug 12, 2026 reports.adviserinfo.sec.gov
- AdministratorADURO ADVISORS, LLC · SAN FRANCISCO, California, United StatesForm ADV filed Aug 12, 2026 reports.adviserinfo.sec.gov
- CustodianJPMorgan · NEW YORK, New York, United StatesForm ADV filed Aug 12, 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 25, 2024Deepwater Venture Fund II, LP first reported on Form ADV by Deepwater Asset Management, LLC (Venture Capital Fund), GAV $20,000,000Fund first reported on Form ADV Fact Form ADV
- Jan 2, 2024Deepwater Venture Fund II, L.P. filed Form D: $12,525,000 sold (indefinite offering), Other Investment FundForm D filed Fact Form D
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jan 2, 2024 Fact Form D
- Form D fund type: Other Investment Fund Jan 2, 2024 Fact Form D
- Form D industry group: Pooled Investment Fund Jan 2, 2024 Fact Form D
- Amendment: false Jan 2, 2024 Fact Form D
- Incorporated: withinFiveYears Jan 2, 2024 Fact Form D
- Jurisdiction: Delaware Jan 2, 2024 Fact Form D
- Amount sold (Form D): $12.5M Jan 2, 2024 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jan 2, 2024 Fact Form D
- First sale: 2023-09-08 Jan 2, 2024 Fact Form D
- Indefinite offering: true Jan 2, 2024 Fact Form D
- Investors (Form D): 27 Jan 2, 2024 Fact Form D
- Minimum investment (Form D): 0 Jan 2, 2024 Fact Form D
- Securities offered: Equity, pooled Jan 2, 2024 Fact Form D
- Office address: Jan 2, 2024 Fact Form D
- Year of incorporation: 2023 Jan 2, 2024 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Deepwater Venture Fund II, LP 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.
Checking your plan…
Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2024-03-25source on record
- Form D filed2024-01-02source 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.