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 / Sands Capital-Dr Fund, L.P.
Sands Capital-Dr Fund, L.P.
Amounts, each with its basis
- Vintage
- 2019basis: 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
- indefinitewhat may be sold, not what was raised; file 021-343524, sworn by the adviser or filed under this vehicle
- Form D sold
- $111Mas of the filing of Jul 7, 2020, 28 investors
- First sale
- Jun 25, 2019
- Reported GAV
- $5.0Mon the Form ADV filed Oct 11, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 78
- Reported on ADV
- Mar 30, 2020 to Oct 11, 2024
Fundraising evidence
Unknown
latest Form D 2020-07-07, older than 15 months (fr-1)
evidence dated Jul 7, 2020. 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: 7first sale: 2019-06-25vintage year: $2,019adv gav as of: 2024-10-11vintage basis: form_d_first_saleform d sold usd: $111Mform d offering usd: n/aform d latest filed at: 2020-07-07
The fund's own reporting through time
11 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2020 | Other Private Fund | $5.1M | 78 | 35% | yes | ||
| Mar 29, 2021 | Other Private Fund | $5.1M | 78 | 35% | yes | ||
| Dec 20, 2021 | Other Private Fund | $5.1M | 78 | 35% | yes | ||
| Jan 10, 2022 | Other Private Fund | $5.1M | 78 | 35% | yes | ||
| Feb 10, 2022 | Other Private Fund | $5.1M | 78 | 35% | yes | ||
| Mar 31, 2022 | Private Equity Fund | $5.1M | 78 | 35% | no | ||
| Mar 31, 2023 | Private Equity Fund | $5.0M | 78 | 35% | no | ||
| Feb 6, 2024 | Private Equity Fund | $5.0M | 78 | 35% | no | ||
| Mar 27, 2024 | Private Equity Fund | $5.0M | 78 | 35% | no | ||
| Jul 1, 2024 | Private Equity Fund | $5.0M | 78 | 35% | no | ||
| Oct 11, 2024 | Private Equity Fund | $5.0M | 78 | 35% | no |
Principals and agents
4 principals on Form D, 0 placement agents
- Michael J. Clarke Executive Officer
- Jonathan Goodman Executive Officer
- Erin Soule Executive Officer
- Barron J. Martin 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
- Jul 7, 2020Sands Capital Global Innovation Fund, L.P. filed Form D/A: $111,240,000 sold (indefinite offering), Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 30, 2020Sands Capital-Dr Fund, L.P. first reported on Form ADV by Sands Capital Ventures, LLC (Other Private Fund), GAV $5,080,980Fund 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)
- Jul 3, 2019Sands Capital Global Innovation Fund, L.P. filed Form D: $84,050,000 sold (indefinite offering), Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
48 observations
Every observation on this vehicle
- Entity type: Other Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Other Jul 7, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Other Jul 3, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Jul 7, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Jul 3, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jul 7, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jul 3, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jul 7, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jul 3, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jul 7, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jul 3, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jul 7, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jul 3, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Jul 7, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Jul 3, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $84.0M Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $111M Jul 7, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $84.0M Jul 3, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Jul 7, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Jul 3, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2019-06-25 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2019-06-25 Jul 7, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2019-06-25 Jul 3, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Jul 7, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Jul 3, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 22 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 28 Jul 7, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 22 Jul 3, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 100,000 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 100,000 Jul 7, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 100,000 Jul 3, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jul 7, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jul 3, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: C/O SANDS CAPITAL VENTURES, LLC, 1000 WILSON BOULEVARD, SUITE 3000, ARLINGTON, VA, 22209 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: C/O SANDS CAPITAL VENTURES, LLC, 1000 WILSON BOULEVARD, SUITE 3000, ARLINGTON, VA, 22209 Jul 7, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: C/O SANDS CAPITAL VENTURES, LLC, 1000 WILSON BOULEVARD, SUITE 3000, ARLINGTON, VA, 22209 Jul 3, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2019 Jul 7, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2019 Jul 3, 2019 Fact SEC EDGAR Form D data sets (quarterly)