Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.

Funds / Keystone Legacy Fund LLC

Keystone Legacy Fund LLC

HarvestClosed to new capitalFundADV: Venture Capital FundFairview Capital Partners, Inc.Delaware
Amounts, each with its basis
Vintage
2018basis: 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
$184Mwhat may be sold, not what was raised; file 021-312487, sworn by the adviser or filed under this vehicle
Form D sold
$184Mas of the filing of May 16, 2018, 1 investors
First sale
Apr 24, 2018
Reported GAV
$233Mon the Form ADV filed Apr 17, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
1
Reported on ADV
Aug 21, 2018 to Apr 17, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2018-05-16: the stated $183.6M offering reported fully sold (fr-1)
evidence dated May 16, 2018. A 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.
Lifecycle
Harvest
vintage over 7 years, still reported
age years: 8first sale: 2018-04-24vintage year: $2,018adv gav as of: 2024-04-17vintage basis: form_d_first_saleform d sold usd: $184Mform d offering usd: $184Mform d latest filed at: 2018-05-16
The fund's own reporting through time
12 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Aug 21, 2018Venture Capital Fund$5.7B
1$5.0M0%yes
Mar 28, 2019Venture Capital Fund$5.5B
1$5.0M0%yes
May 30, 2019Venture Capital Fund$5.5B
1$5.0M0%yes
May 30, 2019Venture Capital Fund$5.5B
1$5.0M0%yes
Mar 30, 2020Venture Capital Fund$807M
1$5.0M0%yes
Mar 22, 2021Venture Capital Fund$625M
1$5.0M0%yes
Mar 31, 2022Venture Capital Fund$795M
1$5.0M0%yes
Mar 30, 2023Venture Capital Fund$274M
1$5.0M0%yes
May 31, 2023Venture Capital Fund$274M
1$5.0M0%yes
Mar 29, 2024Venture Capital Fund$233M
1$5.0M0%yes
Apr 12, 2024Venture Capital Fund$233M
1$5.0M0%yes
Apr 17, 2024Venture Capital Fund$233M
1$5.0M0%yes
Principals and agents
6 principals on Form D, 0 placement agents
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.
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
  1. Aug 21, 2018
    Keystone Legacy Fund LLC first reported on Form ADV by Fairview Capital Partners, Inc. (Venture Capital Fund), GAV $5,660,481,326
    Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  2. May 16, 2018
    Keystone Legacy Fund LLC filed Form D: $183,619,694 sold of $183,619,694, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle