DFX Intelligence
Venture Capital Intelligence
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 / Hg Saturn 4 A, L.P
Hg Saturn 4 A, L.P
Amounts, each with its basis
- Vintage
- 2025basis: lp reported
- 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
- unknownwhat may be sold, not what was raised
- Form D sold
- unknown
- First sale
- unknown
- Reported GAV
- unknown
- Owners (ADV)
- unknown
- Reported on ADV
- unknown
Fundraising evidence
Unknown
no Form D or close on record (fr-1)
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
Early deployment
vintage within 2 years
age years: 1first sale: n/avintage year: $2,025adv gav as of: n/avintage basis: lp_reportedform d sold usd: n/aform d offering usd: n/aform d latest filed at: n/a
The fund's own reporting through time
0 Form ADV filings
No Form ADV reporting row: this vehicle is known from Form D only.
Principals and agents
0 principals on Form D, 0 placement agents
No Form D related person on record.
Limited partners and their reported performance
6 public LP reports
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| California Public Employees' Retirement System calpers.ca.gov | 2025 | $150M | $375,000 | $0 | $2.7M | not meaningful yet | unknown | Dec 31, 2025 |
| Pennsylvania Public School Employees' Retirement System pa.gov | 2025 | $100M | $300,000 | n/a | $1.8M | not meaningful yet | 7.2x | Dec 31, 2025 |
| Colorado Public Employees' Retirement Association content.copera.org | 2025 | $50.0M | $125,000 | $0 | n/a | not meaningful yet | unknown | Dec 31, 2025 |
| Los Angeles City Employees' Retirement System lacers.org | 2025 | n/a | n/a | n/a | n/a | not meaningful yet | 7.2x | Dec 31, 2025 |
| New York State Common Retirement Fund osc.ny.gov | 2025 | $175M | n/a | n/a | n/a | not meaningful yet | unknown | Aug 8, 2025 |
| California State Teachers' Retirement System calstrs.com | 2025 | $200M | n/a | n/a | $1.6M | 0.0% | unknown | Jun 30, 2025 |
Each 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).
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
6 events
- Dec 31, 2025PSERS reports Hg Saturn 4 A: $100,000,000 committed, vintage 2025LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Dec 31, 2025CalPERS reports Hg Saturn 4 A L.P.: $150,000,000 committed, vintage 2025LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Dec 31, 2025LACERS reports Hg Saturn 4 A: an undisclosed amount committed, vintage 2025LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Dec 31, 2025Colorado PERA reports Hg Saturn 4 A L.P.: $50,000,000 committed, vintage 2025LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Aug 8, 2025NYSCRF commits $175,000,000 to Hg Saturn 4 A, L.P. (Hg Capital LLP), closed 2025-08-08, new relationship
- Jun 30, 2025CalSTRS reports Hg Saturn 4 A LP: $200,000,000 committed, vintage 2025LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
Evidence
1 observations
Every observation on this vehicle
- Lp reported fund: Hg Saturn 4 A, L.P Aug 8, 2025 Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)