DFX Intelligence
Blue Lake Capital Fund II, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
HarvestFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional placement agent
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: 27 Jul 2018, Latest Form D filed on 27 Jul 2018: $139M sold of $200M offered, 17 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
- 2017basis: 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
- $200Mwhat may be sold, not what was raised; file 021-291679, sworn by the adviser or filed under this vehicle
- Form D sold
- $139Mas of the filing of Jul 27, 2018, 17 investors
- First sale
- Jul 28, 2017
- Reported GAV
- $200Mon the Form ADV filed Apr 1, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 25
- Reported on ADV
- Apr 30, 2020 to Apr 1, 2026
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
latest Form D 2018-07-27, older than 15 months (fr-1)
evidence dated Jul 27, 2018.
Lifecycle
Harvest
Lifecycle
vintage over 7 years, still reported
age years: 9first sale: Jul 28, 2017vintage year: 2017adv gav as of: Apr 1, 2026vintage basis: Form d first saleform d sold: $139Mform d offering: $200Mform d latest filed at: Jul 27, 2018
The fund's own reporting through time
6 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Apr 30, 2020 | Venture Capital Fund | $158M | 25 | 2% | yes | ||
| Mar 30, 2021 | Venture Capital Fund | $143M | 25 | 2% | yes | ||
| Mar 30, 2022 | Venture Capital Fund | $229M | 25 | 2% | yes | ||
| Mar 31, 2023 | Venture Capital Fund | $206M | 25 | 2% | yes | ||
| Mar 30, 2024 | Venture Capital Fund | $196M | 25 | 2% | yes | ||
| Apr 1, 2026 | Venture Capital Fund | $200M | 25 | 2% |
Principals and agents
1 principal on Form D, 1 placement agents
- LEI Hu Director
- Probitas Funds Group, LLC placement agent
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorEY · CAYMAN ISLANDS, Cayman IslandsForm ADV filed Apr 1, 2026 reports.adviserinfo.sec.gov
- AdministratorLANGHAM HALL HONG KONG LIMITED · HONG KONG, Hong KongForm ADV filed Apr 1, 2026 reports.adviserinfo.sec.gov
- CustodianEAST WEST BANK · IRVINE, California, United StatesForm ADV filed Apr 1, 2026 reports.adviserinfo.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
5 events
- Mar 31, 2025Auditor changed: EY replaced PwC, first reported on the Form ADV filed March 31, 2025 (previous filing March 30, 2024)Auditor changed Fact Form ADV
- Mar 31, 2025Custodian changed: EAST WEST BANK replaced Silicon Valley Bank, first reported on the Form ADV filed March 31, 2025 (previous filing March 30, 2024)Custodian changed Fact Form ADV
- Apr 30, 2020Blue Lake Capital Fund II, L.P. first reported on Form ADV by BLC Advisors, Ltd. (Venture Capital Fund), GAV $158,000,000Fund first reported on Form ADV Fact Form ADV
- Jul 27, 2018Blue Lake Capital Fund II, L.P. filed Form D/A: $138,900,000 sold of $200,000,000, Venture Capital FundForm D filed Fact Form D
- Jul 28, 2017Blue Lake Capital Fund II, L.P. filed Form D: no sales yet of $200,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jul 27, 2018 Fact Form D
- Entity type: Limited Partnership Jul 28, 2017 Fact Form D
- Form D fund type: Venture Capital Fund Jul 27, 2018 Fact Form D
- Form D fund type: Venture Capital Fund Jul 28, 2017 Fact Form D
- Form D industry group: Pooled Investment Fund Jul 27, 2018 Fact Form D
- Form D industry group: Pooled Investment Fund Jul 28, 2017 Fact Form D
- Amendment: true Jul 27, 2018 Fact Form D
- Amendment: false Jul 28, 2017 Fact Form D
- Revenue range (Form D): Not Applicable Jul 27, 2018 Fact Form D
- Revenue range (Form D): Not Applicable Jul 28, 2017 Fact Form D
- Incorporated: withinFiveYears Jul 27, 2018 Fact Form D
- Incorporated: withinFiveYears Jul 28, 2017 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Jul 27, 2018 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Jul 28, 2017 Fact Form D
- Amount sold (Form D): $139M Jul 27, 2018 Fact Form D
- Amount sold (Form D): $0 Jul 28, 2017 Fact Form D
- Offering amount (Form D): $200M Jul 27, 2018 Fact Form D
- Offering amount (Form D): $200M Jul 28, 2017 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jul 27, 2018 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jul 28, 2017 Fact Form D
- First sale: 2017-07-28 Jul 27, 2018 Fact Form D
- Investors (Form D): 17 Jul 27, 2018 Fact Form D
- Investors (Form D): 0 Jul 28, 2017 Fact Form D
- Minimum investment (Form D): 0 Jul 27, 2018 Fact Form D
- Minimum investment (Form D): 0 Jul 28, 2017 Fact Form D
- Securities offered: pooled Jul 27, 2018 Fact Form D
- Securities offered: pooled Jul 28, 2017 Fact Form D
- Office address: Jul 27, 2018 Fact Form D
- Office address: Jul 28, 2017 Fact Form D
- Year of incorporation: 2017 Jul 27, 2018 Fact Form D
- Year of incorporation: 2017 Jul 28, 2017 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Blue Lake Capital Fund II, L.P. 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
3 dated events on the change ledger, latest event first
- Fund first reported on ADV2020-04-30source on record
- Form D filed2018-07-27source on record
- Form D filed2017-07-28source 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.