DFX Intelligence
MLG Venture Partners LP - F3
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
Nothing material in the last 365 days. Last change: 17 Dec 2021, Latest Form D filed on 17 Dec 2021: $3.07M sold of $3.07M offered, 14 investors. A Form D amount is what was sold at the filing, never a final close.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2021basis: 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
- $3.1Mwhat may be sold, not what was raised; file 021-425475, sworn by the adviser or filed under this vehicle
- Form D sold
- $3.1Mas of the filing of Dec 17, 2021, 14 investors
- First sale
- Oct 29, 2021
- Reported GAV
- $6.6Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 24
- Reported on ADV
- Mar 25, 2022 to Mar 31, 2026
Fundraising evidenceWhat 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.
Closed to new capital
Form D filed or amended 2021-12-17: the stated $3.1M offering reported fully sold (fr-1)
evidence dated Dec 17, 2021.
LifecycleMature
vintage 4 to 7 years
age years: 5first sale: Oct 29, 2021vintage year: 2021adv gav as of: Mar 31, 2026vintage basis: Form d first saleform d sold: $3.1Mform d offering: $3.1Mform d latest filed at: Dec 17, 2021
The fund's own reporting through time
10 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 25, 2022 | Venture Capital Fund | $3.5M | 4 | $250,000 | 74% | yes | |
| Mar 30, 2022 | Venture Capital Fund | $3.5M | 4 | $250,000 | 74% | yes | |
| Mar 24, 2023 | Venture Capital Fund | $6.6M | 4 | $250,000 | 74% | yes | |
| Apr 28, 2023 | Venture Capital Fund | $6.6M | 4 | $250,000 | 74% | yes | |
| Apr 29, 2023 | Venture Capital Fund | $6.6M | 4 | $250,000 | 74% | yes | |
| Jul 26, 2023 | Venture Capital Fund | $6.6M | 4 | $250,000 | 74% | yes | |
| Oct 9, 2023 | Venture Capital Fund | $6.6M | 4 | $250,000 | 74% | yes | |
| Oct 12, 2023 | Venture Capital Fund | $6.6M | 4 | $250,000 | 74% | yes | |
| Mar 27, 2024 | Venture Capital Fund | $6.6M | 4 | $250,000 | 74% | yes | |
| Mar 31, 2026 | Venture Capital Fund | $6.6M | 24 | $250,000 | 0% |
Principals and agents
1 principal on Form D, 0 placement agents
- LLC MLG Venture Partners Director
Service providers
2 named on Form ADV Schedule D and Form D
- AuditorTANNER LLC · SALT LAKE CITY, Utah, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorFTS ADMIN LLC · SAN FRANCISCO, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performanceWhose 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 allocatorsWhat 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
3 events
- Mar 27, 2024Auditor changed: TANNER LLC replaced SPICER JEFFRIES LLP, first reported on the Form ADV filed March 27, 2024 (previous filing October 12, 2023)Auditor changed Fact Form ADV
- Mar 25, 2022MLG Venture Partners LP - F3 first reported on Form ADV by Main Line Group Wealth Management, LLC (Venture Capital Fund), GAV $3,498,039Fund first reported on Form ADV Fact Form ADV
- Dec 17, 2021MLG Venture Partners LP - F3 filed Form D: $3,067,000 sold of $3,067,000, Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Dec 17, 2021 Fact Form D
- Form D fund type: Venture Capital Fund Dec 17, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Dec 17, 2021 Fact Form D
- Amendment: false Dec 17, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Dec 17, 2021 Fact Form D
- Incorporated: withinFiveYears Dec 17, 2021 Fact Form D
- Jurisdiction: Delaware Dec 17, 2021 Fact Form D
- Amount sold (Form D): $3.1M Dec 17, 2021 Fact Form D
- Offering amount (Form D): $3.1M Dec 17, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Dec 17, 2021 Fact Form D
- First sale: 2021-10-29 Dec 17, 2021 Fact Form D
- Investors (Form D): 14 Dec 17, 2021 Fact Form D
- Minimum investment (Form D): 250,000 Dec 17, 2021 Fact Form D
- Securities offered: pooled Dec 17, 2021 Fact Form D
- Office address: Dec 17, 2021 Fact Form D
- Year of incorporation: 2021 Dec 17, 2021 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
MLG Venture Partners LP - F3 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 ADV2022-03-25source on record
- Form D filed2021-12-17source 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.