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 / CIG Direct Strategies II, LLC - Series 1

CIG Direct Strategies II, LLC - Series 1

MatureClosed to new capitalFundADV: Venture Capital FundCapricorn Investment Group LLCDelaware
Amounts, each with its basis
Vintage
2020basis: 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
$30.0Mwhat may be sold, not what was raised; file 021-368684, sworn by the adviser or filed under this vehicle
Form D sold
$30.0Mas of the filing of Jun 10, 2020, 1 investors
First sale
May 27, 2020
Reported GAV
$254Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
2
Reported on ADV
Mar 31, 2021 to Mar 28, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2020-06-10: the stated $30.0M offering reported fully sold (fr-1)
evidence dated Jun 10, 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: 6first sale: 2020-05-27vintage year: $2,020adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $30.0Mform d offering usd: $30.0Mform d latest filed at: 2020-06-10
The fund's own reporting through time
9 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 31, 2021Private Equity Fund$36.8M
2$1.0M50%yes
Aug 24, 2021Private Equity Fund$36.8M
2$1.0M50%yes
Oct 6, 2021Private Equity Fund$36.8M
2$1.0M50%yes
Nov 1, 2021Private Equity Fund$36.8M
2$1.0M50%yes
Mar 31, 2022Private Equity Fund$76.4M
2$1.0M50%yes
Nov 1, 2022Private Equity Fund$76.4M
2$1.0M50%yes
Mar 31, 2023Venture Capital Fund$272M
2$1.0M50%yes
Apr 17, 2023Venture Capital Fund$272M
2$1.0M50%yes
Mar 28, 2024Venture Capital Fund$254M
2$1.0M50%yes
Principals and agents
4 principals on Form D, 0 placement agents
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
2 events
  1. Mar 31, 2021
    CIG Direct Strategies II, LLC - Series 1 first reported on Form ADV by Capricorn Investment Group LLC (Private Equity Fund), GAV $36,818,010
    Fund 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)
  2. Jun 10, 2020
    CIG Direct Strategies II, LLC - Series 1 filed Form D: $30,000,000 sold of $30,000,000, Private Equity Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle