DFX Intelligence
Frist Cressey Ventures Fund IV QP, LP
Feeder or parallel· Delaware
As of · the latest observation of this vehicle; each figure below carries its own filing date
FundraisingFundraising status unknownADV: Venture Capital Fundmanager not yet resolvedFeeder or parallel vehicle
A feeder, parallel or offshore vehicle of a main fund; its assets may overlap the main fund's.
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: 15 May 2025, Latest Form D filed on 15 May 2025: $170M sold of $400M offered, 115 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
- 2025basis: 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
- $400Mwhat may be sold, not what was raised; file 021-546204, sworn by the adviser or filed under this vehicle
- Form D sold
- $170Mas of the filing of May 15, 2025, 115 investors
- First sale
- Apr 30, 2025
- Reported GAV
- $474Mon the Form ADV filed Mar 17, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 189
- Reported on ADV
- unknown
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 2025-05-15, older than 15 months (fr-1)
evidence dated May 15, 2025.
LifecycleFundraising
Form D within 18 months and the offering is not sold out
first sale: Apr 30, 2025vintage year: 2025adv gav as of: Mar 17, 2026vintage basis: Form d first saleform d sold: $170Mform d offering: $400Mform d latest filed at: May 15, 2025
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 17, 2026 | Venture Capital Fund | $474M | 189 | $25,000 | 4% |
Principals and agents
3 principals on Form D, 0 placement agents
- - Fcv IV GP, LLC Executive Officer/Director
- William H. Frist Executive Officer/Director/Promoter
- Navid H. Farzad Executive Officer/Director/Promoter
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorLBMC, PC · NASHVILLE, Tennessee, United StatesForm ADV filed Mar 17, 2026 reports.adviserinfo.sec.gov
- AdministratorJuniper Square · SAN FRANCISCO, California, United StatesForm ADV filed Mar 17, 2026 reports.adviserinfo.sec.gov
- CustodianPINNACLE FINANCIAL PARTNERS, INC. · NASHVILLE, Tennessee, United StatesForm ADV filed Mar 17, 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
2 events
- Mar 17, 2026Frist Cressey Ventures Fund IV Qp, LP first reported on Form ADV by Frist Cressey Ventures Management, LLC (Venture Capital Fund), GAV $474,384,974Fund first reported on Form ADV Inference Form ADV
- May 15, 2025Frist Cressey Ventures Fund IV QP, LP filed Form D: $169,685,000 sold of $400,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership May 15, 2025 Fact Form D
- Form D fund type: Venture Capital Fund May 15, 2025 Fact Form D
- Form D industry group: Pooled Investment Fund May 15, 2025 Fact Form D
- Amendment: false May 15, 2025 Fact Form D
- Revenue range (Form D): Decline to Disclose May 15, 2025 Fact Form D
- Incorporated: withinFiveYears May 15, 2025 Fact Form D
- Jurisdiction: Delaware May 15, 2025 Fact Form D
- Amount sold (Form D): $170M May 15, 2025 Fact Form D
- Offering amount (Form D): $400M May 15, 2025 Fact Form D
- Exemptions: 06b, 3C, 3C.7 May 15, 2025 Fact Form D
- First sale: 2025-04-30 May 15, 2025 Fact Form D
- Investors (Form D): 115 May 15, 2025 Fact Form D
- Minimum investment (Form D): 0 May 15, 2025 Fact Form D
- Securities offered: Equity, pooled May 15, 2025 Fact Form D
- Office address: May 15, 2025 Fact Form D
- Year of incorporation: 2025 May 15, 2025 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Frist Cressey Ventures Fund IV QP, LP 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
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2026-03-17source on record
- Form D filed2025-05-15source 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.