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 / JMI Equity Fund X-B, L.P.
JMI Equity Fund X-B, L.P.
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
- $1.7Bwhat may be sold, not what was raised; file 021-381882, sworn by the adviser or filed under this vehicle
- Form D sold
- $1.5Bas of the filing of Feb 17, 2021, 73 investors
- First sale
- Jan 15, 2021
- Reported GAV
- $779Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 79
- Reported on ADV
- Mar 16, 2021 to Mar 28, 2024
Fundraising evidence
Unknown
latest Form D 2021-02-17, older than 15 months (fr-1)
evidence dated Feb 17, 2021. 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
Mature
vintage 4 to 7 years
age years: 5first sale: 2021-01-15vintage year: $2,021adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $1.5Bform d offering usd: $1.7Bform d latest filed at: 2021-02-17
The fund's own reporting through time
6 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 16, 2021 | Private Equity Fund | $644M | 78 | $200,000 | 5% | yes | |
| Nov 1, 2021 | Private Equity Fund | $644M | 78 | $200,000 | 5% | yes | |
| Mar 25, 2022 | Private Equity Fund | $879M | 78 | $200,000 | 5% | yes | |
| Apr 22, 2022 | Private Equity Fund | $879M | 78 | $200,000 | 5% | yes | |
| Mar 22, 2023 | Private Equity Fund | $833M | 78 | $200,000 | 5% | yes | |
| Mar 28, 2024 | Private Equity Fund | $779M | 79 | $200,000 | 5% | yes |
Principals and agents
12 principals on Form D, 0 placement agents
- Suken P Vakil Executive Officer
- Robert P Nye IV Executive Officer
- Brian J Hersman Executive Officer
- David M Greenberg Executive Officer
- Kathy R Fields Executive Officer
- Matthew R Emery Executive Officer
- Peter C Arrowsmith Executive Officer
- Paul V Barber Executive Officer
- Harry S Gruner Executive Officer
- JMI Associates X, L.L.C. Executive Officer
- Randy E. Guttman Executive Officer
- Larry V Contrella Executive Officer
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
3 events
- Mar 16, 2021JMI Equity Fund X-B, L.P. first reported on Form ADV by JMI Management, Inc. (Private Equity Fund), GAV $644,347,222Fund 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)
- Feb 17, 2021JMI Equity Fund X-B, L.P. filed Form D/A: $1,482,425,000 sold of $1,700,000,000, Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Dec 1, 2020JMI Equity Fund X-B, L.P. filed Form D: no sales yet of $1,300,000,000, Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Feb 17, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Dec 1, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Feb 17, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Dec 1, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Feb 17, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Dec 1, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Feb 17, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Dec 1, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Feb 17, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Dec 1, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Feb 17, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Dec 1, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Feb 17, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Dec 1, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $1.5B Feb 17, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Dec 1, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $1.7B Feb 17, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $1.3B Dec 1, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Feb 17, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Dec 1, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2021-01-15 Feb 17, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 73 Feb 17, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Dec 1, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 200,000 Feb 17, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Dec 1, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Feb 17, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Dec 1, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 100 INTERNATIONAL DRIVE, SUITE 19100, BALTIMORE, MD, 21202 Feb 17, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 100 INTERNATIONAL DRIVE, SUITE 19100, BALTIMORE, MD, 21202 Dec 1, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Feb 17, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Dec 1, 2020 Fact SEC EDGAR Form D data sets (quarterly)