DFX Intelligence
Lorem Ipsum Associates LLC
As of · the latest observation of this vehicle; each figure below carries its own filing date
Wound downFundraising status unknownother manager vehicleADV: Private Equity FundOutside venture scope
A private equity fund outside venture scope, shown because its manager is on the venture graph.
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.
Nothing material in the last 365 days. Last change: 31 Mar 2014, Reported gross assets fell from $2.41M to $913K between the Form ADV filings of 27 Jun 2013 and 31 Mar 2014.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- unknownno dated first sale or first report yet
- 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; file 021-152453, sworn by the adviser or filed under this vehicle
- Form D sold
- unknown
- First sale
- unknown
- Reported GAV
- $912,706on the Form ADV filed Mar 31, 2014; the fund's assets, never its size or dry powder
- Owners (ADV)
- 12
- Reported on ADV
- Feb 16, 2012 to Mar 31, 2014no longer reported: wound down, transferred or renamed
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
no Form D or close on record (fr-1)
Lifecycle
Wound down
Lifecycle
dropped from Form ADV while the adviser kept filing
last reported: n/a
The fund's own reporting through time
6 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Feb 16, 2012 | Private Equity Fund | $2.4M | 99 | $15,000 | 32% | yes | |
| Mar 28, 2013 | Private Equity Fund | $2.4M | 99 | $15,000 | 32% | yes | |
| Apr 1, 2013 | Private Equity Fund | $2.4M | 99 | $15,000 | 32% | yes | |
| Apr 15, 2013 | Private Equity Fund | $2.4M | 99 | $15,000 | 32% | yes | |
| Jun 27, 2013 | Private Equity Fund | $2.4M | 12 | $15,000 | 0% | yes | |
| Mar 31, 2014 | Private Equity Fund | $912,706 | 12 | $15,000 | 0% | yes |
Principals and agents
0 principals on Form D, 0 placement agents
No Form D related person on record.
Service providers
6 named on Form ADV Schedule D and Form D
- AuditorSCHWARTZ & COMPANY LLP · NEW YORK, New York, United StatesForm ADV filed Mar 31, 2014 sec.gov
- CustodianVALLEY NATIONAL BANK · NEW YORK, New York, United StatesForm ADV filed Mar 31, 2014 sec.gov
- CustodianALEXANDER CAPITAL, L.P. · NEW YORK, New York, United StatesForm ADV filed Mar 31, 2014 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
3 events
- May 30, 2014Lorem Ipsum Associates LLC no longer reported on Form ADV by Felix Advisors LLCFund no longer reported Inference Form ADV
- Apr 1, 2013Custodian changed: ALEXANDER CAPITAL, L.P., VALLEY NATIONAL BANK replaced DEUTSCHE BANK SECURITIES INC., SIGNATURE BANK NY, first reported on the Form ADV filed April 1, 2013 (previous filing March 28, 2013)Custodian changed Fact Form ADV
- Feb 16, 2012Lorem Ipsum Associates LLC first reported on Form ADV by Felix Advisors LLC (Private Equity Fund), GAV $2,437,040Fund first reported on Form ADV Fact Form ADV
Evidence
0 observations
Every observation on this vehicle
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Lorem Ipsum Associates LLC is the same institution as 2 records in Private Equity and RIA and Wealth.
Private Equity1RIA and Wealth1
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Record history
2 dated events on the change ledger, latest event first
- Fund dropped from ADV2014-05-30source on record
- Fund first reported on ADV2012-02-16source 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.