DFX Intelligence
Founders Circle Capital IV Affiliates Fund, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Early deploymentFundraising status unknownADV: Venture Capital FundFeeder 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
3 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
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Nothing material in the last 365 days. Last change: 6 Feb 2023, Latest Form D filed on 6 Feb 2023: no amount sold reported. 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
- 2024basis: adv first reported
- 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 021-472678, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Feb 6, 2023
- First sale
- unknown
- Reported GAV
- $8.4Mon the Form ADV filed Mar 27, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 35
- Reported on ADV
- Mar 29, 2024 to Mar 27, 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 2023-02-06, older than 15 months (fr-1)
evidence dated Feb 6, 2023.
Lifecycle
Early deployment
Lifecycle
vintage within 2 years
age years: 2first sale: n/avintage year: 2024adv gav as of: Mar 27, 2026vintage basis: ADV first reportedform d sold: $0form d offering: n/aform d latest filed at: Feb 6, 2023
The fund's own reporting through time
2 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2024 | Venture Capital Fund | $7.7M | 35 | $25,000 | 0% | yes | |
| Mar 27, 2026 | Venture Capital Fund | $8.4M | 35 | $25,000 | 0% |
Principals and agents
3 principals on Form D, 0 placement agents
- Michael K. Jung Promoter
- Kenneth M. Loveless Promoter
- General Partner Founders Circle Management IV, LLC Promoter
Service providers
6 named on Form ADV Schedule D and Form D
- AuditorFrank, Rimerman + Co. · SAN FRANCISCO, California, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
- AdministratorAlter Domus · SALT LAKE CITY, Utah, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 27, 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
3 events
- Mar 27, 2025Auditor changed: Frank, Rimerman + Co. replaced BDO, first reported on the Form ADV filed March 27, 2025 (previous filing March 29, 2024)Auditor changed Fact Form ADV
- Mar 29, 2024Founders Circle Capital IV Affiliates Fund, L.P. first reported on Form ADV by Founders Circle Capital, LLC (Venture Capital Fund), GAV $7,711,178Fund first reported on Form ADV Fact Form ADV
- Feb 6, 2023Founders Circle Capital IV Affiliates Fund, L.P. filed Form D: no sales yet (indefinite offering), Venture Capital FundForm D filed Fact Form D
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Feb 6, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Feb 6, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Feb 6, 2023 Fact Form D
- Amendment: false Feb 6, 2023 Fact Form D
- Revenue range (Form D): Decline to Disclose Feb 6, 2023 Fact Form D
- Incorporated: withinFiveYears Feb 6, 2023 Fact Form D
- Jurisdiction: Delaware Feb 6, 2023 Fact Form D
- Amount sold (Form D): $0 Feb 6, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Feb 6, 2023 Fact Form D
- Indefinite offering: true Feb 6, 2023 Fact Form D
- Investors (Form D): 0 Feb 6, 2023 Fact Form D
- Minimum investment (Form D): 0 Feb 6, 2023 Fact Form D
- Securities offered: pooled Feb 6, 2023 Fact Form D
- Office address: Feb 6, 2023 Fact Form D
- Year of incorporation: 2023 Feb 6, 2023 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Founders Circle Capital IV Affiliates Fund, 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
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2024-03-29source on record
- Form D filed2023-02-06source 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.