DFX Intelligence
UPA Investors, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureFundraising 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
Nothing material in the last 365 days. Last change: 30 Dec 2022, Latest Form D filed on 30 Dec 2022: $77.7M sold, 28 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
- indefinitewhat may be sold, not what was raised; joined by exact issuer name, corroborated by the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.70); file 021-397347
- Form D sold
- $77.7Mas of the filing of Dec 30, 2022, 28 investors
- First sale
- Apr 16, 2021
- Reported GAV
- $162Mon the Form ADV filed Sep 3, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 30
- Reported on ADV
- Jun 24, 2021 to Sep 3, 2024
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.
Unknown
latest Form D 2022-12-30, older than 15 months (fr-1)
evidence dated Dec 30, 2022.
LifecycleMature
vintage 4 to 7 years
age years: 5first sale: Apr 16, 2021vintage year: 2021adv gav as of: Sep 3, 2024vintage basis: Form d first saleform d sold: $77.7Mform d offering: n/aform d latest filed at: Dec 30, 2022
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jun 24, 2021 | Private Equity Fund | $65.0M | 30 | $100,000 | 0% | yes | |
| Mar 31, 2022 | Private Equity Fund | $65.2M | 30 | $100,000 | 0% | no | |
| Mar 30, 2023 | Private Equity Fund | $73.4M | 30 | $100,000 | 0% | no | |
| Mar 31, 2024 | Private Equity Fund | $162M | 30 | $100,000 | 2% | no | |
| Sep 3, 2024 | Private Equity Fund | $162M | 30 | $100,000 | 2% | no |
Principals and agents
2 principals on Form D, 0 placement agents
- Capital Partners LLC Triton Pacific Promoter
- XXXVII LLC TPCP Investment Director
Service providers
1 named on Form ADV Schedule D and Form D
- AuditorCHERRY BEKAERT LLP · RALEIGH, North Carolina, United StatesForm ADV filed Jul 2, 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
- Dec 30, 2022UPA Investors LP filed Form D/A: $77,692,948 sold (indefinite offering), Private Equity FundForm D filed Fact Form D
- Jun 24, 2021UPA Investors, LP first reported on Form ADV by Triton Pacific Adviser, LLC (Private Equity Fund), GAV $65,000,000Fund first reported on Form ADV Fact Form ADV
- Apr 27, 2021UPA Investors LP filed Form D: $65,234,000 sold of $65,234,000, Pooled Investment FundForm D filed Fact Form D
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Dec 30, 2022 Fact Form D
- Entity type: Limited Partnership Apr 27, 2021 Fact Form D
- Form D fund type: Private Equity Fund Dec 30, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Dec 30, 2022 Fact Form D
- Form D industry group: Other Health Care Apr 27, 2021 Fact Form D
- Amendment: true Dec 30, 2022 Fact Form D
- Amendment: false Apr 27, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Dec 30, 2022 Fact Form D
- Revenue range (Form D): No Revenues Apr 27, 2021 Fact Form D
- Incorporated: withinFiveYears Dec 30, 2022 Fact Form D
- Incorporated: withinFiveYears Apr 27, 2021 Fact Form D
- Jurisdiction: Delaware Dec 30, 2022 Fact Form D
- Jurisdiction: Delaware Apr 27, 2021 Fact Form D
- Amount sold (Form D): $77.7M Dec 30, 2022 Fact Form D
- Amount sold (Form D): $65.2M Apr 27, 2021 Fact Form D
- Offering amount (Form D): $65.2M Apr 27, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Dec 30, 2022 Fact Form D
- Exemptions: 06b Apr 27, 2021 Fact Form D
- First sale: 2021-04-16 Dec 30, 2022 Fact Form D
- First sale: 2021-04-16 Apr 27, 2021 Fact Form D
- Indefinite offering: true Dec 30, 2022 Fact Form D
- Investors (Form D): 28 Dec 30, 2022 Fact Form D
- Investors (Form D): 24 Apr 27, 2021 Fact Form D
- Minimum investment (Form D): 0 Dec 30, 2022 Fact Form D
- Minimum investment (Form D): 0 Apr 27, 2021 Fact Form D
- Securities offered: pooled Dec 30, 2022 Fact Form D
- Securities offered: equity Apr 27, 2021 Fact Form D
- Office address: Dec 30, 2022 Fact Form D
- Office address: Apr 27, 2021 Fact Form D
- Year of incorporation: 2021 Dec 30, 2022 Fact Form D
- Year of incorporation: 2021 Apr 27, 2021 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
UPA Investors, LP 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
1 identity change, 3 dated events on the change ledger, latest event first
- Event retracted2026-10-01
- Form D filed2022-12-30source on record
- Fund first reported on ADV2021-06-24source on record
+1 more change on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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.