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 / Construct Capital II, L.P.

Construct Capital II, L.P.

Active deploymentClosed to new capitalFundADV: Venture Capital FundConstruct Capital Management, LLCDelaware
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
$220Mwhat may be sold, not what was raised; file 021-439897, sworn by the adviser or filed under this vehicle
Form D sold
$220Mas of the filing of Mar 31, 2022, 57 investors
First sale
Mar 17, 2022
Reported GAV
$215Mon the Form ADV filed Mar 20, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
58
Reported on ADV
Mar 21, 2023 to Mar 20, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2022-03-31: the stated $220.0M offering reported fully sold (fr-1)
evidence dated Mar 31, 2022. 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
Active deployment
vintage 2 to 4 years
age years: 4first sale: 2022-03-17vintage year: $2,022adv gav as of: 2024-03-20vintage basis: form_d_first_saleform d sold usd: $220Mform d offering usd: $220Mform d latest filed at: 2022-03-31
The fund's own reporting through time
2 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 21, 2023Venture Capital Fund$218M
58$100,0003%yes
Mar 20, 2024Venture Capital Fund$215M
58$100,0003%yes
Principals and agents
4 principals on Form D, 0 placement agents
  • Construct Capital Management, LLC Promoter
  • Rachel Holt Director
  • Construct Capital GP II, LLC Executive Officer
  • Dayna Grayson Director
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. Mar 21, 2023
    Construct Capital II, L.P. first reported on Form ADV by Construct Capital Management, LLC (Venture Capital Fund), GAV $218,419,305
    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. Mar 31, 2022
    Construct Capital II, L.P. filed Form D: $220,000,000 sold of $220,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle