DFX Intelligence
Troy Capital Partners Sx 2020, LLC (series 3)
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
3 additional placement agents
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
- +386%reported GAV
Reported gross assets rose from $29.3M to $143M between the Form ADV filings of 28 Mar 2024 and 31 Mar 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
- 2020basis: name year
- 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
- $100Mwhat may be sold, not what was raised; file 021-373774, sworn by the adviser or filed under this vehicle
- Form D sold
- $16.5Mas of the filing of Aug 21, 2020, 10 investors
- First sale
- Aug 4, 2020
- Reported GAV
- $143Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 17
- Reported on ADV
- Mar 31, 2022 to Mar 31, 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 2020-08-21, older than 15 months (fr-1)
evidence dated Aug 21, 2020.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 6first sale: Aug 4, 2020vintage year: 2020adv gav as of: Mar 31, 2026vintage basis: Name yearform d sold: $16.5Mform d offering: $100Mform d latest filed at: Aug 21, 2020
The fund's own reporting through time
8 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2022 | Venture Capital Fund | $22.6M | 18 | $75,000 | 0% | no | |
| Jun 22, 2022 | Venture Capital Fund | $22.6M | 18 | $75,000 | 0% | no | |
| Sep 7, 2022 | Venture Capital Fund | $22.6M | 18 | $75,000 | 0% | no | |
| Mar 31, 2023 | Venture Capital Fund | $25.7M | 18 | $75,000 | 0% | no | |
| Apr 28, 2023 | Venture Capital Fund | $25.7M | 18 | $75,000 | 0% | no | |
| May 1, 2023 | Venture Capital Fund | $25.7M | 18 | $75,000 | 0% | no | |
| Mar 28, 2024 | Venture Capital Fund | $29.3M | 17 | $75,000 | 0% | no | |
| Mar 31, 2026 | Venture Capital Fund | $143M | 17 | $75,000 | 0% |
Principals and agents
3 principals on Form D, 2 placement agents
- Landon Gyulay Executive Officer
- Anthony Tucker Executive Officer
- Josh Berman Executive Officer
- Fnex Capital LLC placement agent
- Strategas Securities, LLC placement agent
Service providers
6 named on Form ADV Schedule D and Form D
- AdministratorSOCIUM, LLC D/B/A SUNTERA FUND SERVICES · SHORT HILLS, New Jersey, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianEQUITY TRUST COMPANY · FORT MYERS, Florida, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianJPMorgan · MENLO PARK, California, United StatesForm ADV filed Mar 31, 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 31, 2022Troy Capital Partners Sx 2020, LLC (series 3) first reported on Form ADV by Quid Capital Group Holdings, LLC (Venture Capital Fund), GAV $22,571,546Fund first reported on Form ADV Fact Form ADV
- Aug 21, 2020Troy Capital Partners SX 2020 LLC filed Form D: $16,453,745 sold of $100,000,000, Other Investment FundForm D filed Fact Form D
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Aug 21, 2020 Fact Form D
- Form D fund type: Other Investment Fund Aug 21, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Aug 21, 2020 Fact Form D
- Amendment: false Aug 21, 2020 Fact Form D
- Incorporated: withinFiveYears Aug 21, 2020 Fact Form D
- Jurisdiction: Delaware Aug 21, 2020 Fact Form D
- Amount sold (Form D): $16.5M Aug 21, 2020 Fact Form D
- Offering amount (Form D): $100M Aug 21, 2020 Fact Form D
- Exemptions: 06b Aug 21, 2020 Fact Form D
- First sale: 2020-08-04 Aug 21, 2020 Fact Form D
- Investors (Form D): 10 Aug 21, 2020 Fact Form D
- Minimum investment (Form D): 100,000 Aug 21, 2020 Fact Form D
- Securities offered: Equity, pooled Aug 21, 2020 Fact Form D
- Office address: Aug 21, 2020 Fact Form D
- Year of incorporation: 2020 Aug 21, 2020 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Troy Capital Partners Sx 2020, LLC (series 3) 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
1 identity change, 4 dated events on the change ledger, latest event first
- Fund folded2026-09-14
- Fund first reported on ADV2022-03-31source on record
- Fund first reported on ADV2022-03-31source on record
+2 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.