DFX Intelligence
Andreessen Horowitz Lsv Fund I-Q, L.P.
Fundmanaged by Andreessen Horowitz
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
2 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- +32%reported GAV
Reported gross assets rose from $343M to $453M between the Form ADV filings of 29 Mar 2024 and 30 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2019basis: 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
- $123Mwhat may be sold, not what was raised; file 021-339568, sworn by the adviser or filed under this vehicle
- Form D sold
- $123Mas of the filing of May 14, 2019, 31 investors
- First sale
- Apr 30, 2019
- Reported GAV
- $453Mon the Form ADV filed Mar 30, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 123
- Reported on ADV
- Mar 30, 2020 to Mar 30, 2026
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.
Closed to new capital
Form D filed or amended 2019-05-14: the stated $122.5M offering reported fully sold (fr-1)
evidence dated May 14, 2019.
LifecycleMature
vintage 4 to 7 years
age years: 7first sale: Apr 30, 2019vintage year: 2019adv gav as of: Mar 30, 2026vintage basis: Form d first saleform d sold: $123Mform d offering: $123Mform d latest filed at: May 14, 2019
The fund's own reporting through time
10 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2020 | Venture Capital Fund | $203M | 120 | 1% | yes | ||
| Mar 30, 2021 | Venture Capital Fund | $406M | 120 | 0% | yes | ||
| Feb 28, 2022 | Venture Capital Fund | $406M | 120 | 0% | yes | ||
| Mar 29, 2022 | Venture Capital Fund | $435M | 120 | 0% | yes | ||
| May 6, 2022 | Venture Capital Fund | $435M | 120 | 0% | yes | ||
| Mar 31, 2023 | Venture Capital Fund | $314M | 120 | 0% | yes | ||
| Mar 31, 2023 | Venture Capital Fund | $314M | 120 | 0% | yes | ||
| May 1, 2023 | Venture Capital Fund | $314M | 120 | 0% | yes | ||
| Mar 29, 2024 | Venture Capital Fund | $343M | 122 | 0% | yes | ||
| Mar 30, 2026 | Venture Capital Fund | $453M | 123 | 3% |
Principals and agents
2 principals on Form D, 0 placement agents
- BEN Horowitz Executive Officer
- Marc Andreessen Executive Officer
Service providers
5 named on Form ADV Schedule D and Form D
- AuditorPwC · SAN JOSE, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · MENLO PARK, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianRAYMOND JAMES & ASSOCIATES, INC. · ST. PETERSBURG, Florida, United StatesForm ADV filed Mar 30, 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.
1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Bainum Family Foundation | FOUNDATION | $5.5M fair value on the foundation's return | reported as of Jun 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
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 30, 2020Andreessen Horowitz Lsv Fund I-Q, L.P. first reported on Form ADV by Andreessen Horowitz (Venture Capital Fund), GAV $203,273,805Fund first reported on Form ADV Fact Form ADV
- Jun 12, 2019Andreessen Horowitz LSV Fund I-Q, L.P. filed Form D/A: $199,300,000 sold of $199,300,000, Venture Capital FundForm D filed Fact Form D
- May 14, 2019Andreessen Horowitz LSV Fund I-Q, L.P. filed Form D: $122,500,000 sold of $122,500,000, Venture Capital FundForm D filed Fact Form D
Evidence
32 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jun 12, 2019 Fact Form D
- Entity type: Limited Partnership May 14, 2019 Fact Form D
- Form D fund type: Venture Capital Fund Jun 12, 2019 Fact Form D
- Form D fund type: Venture Capital Fund May 14, 2019 Fact Form D
- Form D industry group: Pooled Investment Fund Jun 12, 2019 Fact Form D
- Form D industry group: Pooled Investment Fund May 14, 2019 Fact Form D
- Amendment: true Jun 12, 2019 Fact Form D
- Amendment: false May 14, 2019 Fact Form D
- Revenue range (Form D): Not Applicable Jun 12, 2019 Fact Form D
- Revenue range (Form D): Not Applicable May 14, 2019 Fact Form D
- Incorporated: withinFiveYears Jun 12, 2019 Fact Form D
- Incorporated: withinFiveYears May 14, 2019 Fact Form D
- Jurisdiction: Delaware Jun 12, 2019 Fact Form D
- Jurisdiction: Delaware May 14, 2019 Fact Form D
- Amount sold (Form D): $199M Jun 12, 2019 Fact Form D
- Amount sold (Form D): $123M May 14, 2019 Fact Form D
- Offering amount (Form D): $199M Jun 12, 2019 Fact Form D
- Offering amount (Form D): $123M May 14, 2019 Fact Form D
- Exemptions: 06c, 3C, 3C.7 Jun 12, 2019 Fact Form D
- Exemptions: 06c, 3C, 3C.7 May 14, 2019 Fact Form D
- First sale: 2019-04-30 Jun 12, 2019 Fact Form D
- First sale: 2019-04-30 May 14, 2019 Fact Form D
- Investors (Form D): 117 Jun 12, 2019 Fact Form D
- Investors (Form D): 31 May 14, 2019 Fact Form D
- Minimum investment (Form D): 0 Jun 12, 2019 Fact Form D
- Minimum investment (Form D): 0 May 14, 2019 Fact Form D
- Securities offered: pooled Jun 12, 2019 Fact Form D
- Securities offered: pooled May 14, 2019 Fact Form D
- Office address: Jun 12, 2019 Fact Form D
- Office address: May 14, 2019 Fact Form D
- Year of incorporation: 2019 Jun 12, 2019 Fact Form D
- Year of incorporation: 2019 May 14, 2019 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Andreessen Horowitz Lsv Fund I-Q, L.P. is the same institution as 2 records in Allocators and RIA and Wealth.
Allocators1RIA 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.
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Record history
2 dated events on the change ledger, latest event first
- Form D filed2019-06-12source on record
- Form D filed2019-05-14source 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.