DFX Intelligence
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Funds / L•••• V••••• C•••••• A•••••••• F••• I•• L•
L•••• V••••• C•••••• A•••••••• F••• I•• L•
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
- indefinitewhat may be sold, not what was raised; file 021-380840, sworn by the adviser or filed under this vehicle
- Form D sold
- $831Mas of the filing of Nov 17, 2021, 55 investors
- First sale
- Nov 24, 2020
- Reported GAV
- $327Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 58
- Reported on ADV
- Mar 29, 2021 to Mar 28, 2024
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 2021-11-17, older than 15 months (fr-1)
evidence dated Nov 17, 2021.
Lifecycle
Mature
vintage 4 to 7 years
age years: 6first sale: Nov 24, 2020vintage year: 2020adv gav as of: Mar 28, 2024vintage basis: Form d first saleform d sold: $831Mform d offering: n/aform d latest filed at: Nov 17, 2021
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2021 | Private Equity Fund | $22.9M | 13 | $10.0M | 7% | yes | |
| Mar 31, 2022 | Private Equity Fund | $233M | 40 | $10.0M | 8% | yes | |
| Mar 30, 2023 | Private Equity Fund | $296M | 58 | $10.0M | 8% | yes | |
| Mar 28, 2024 | Private Equity Fund | $327M | 58 | $10.0M | 8% | yes |
Principals and agents
3 principals on Form D, 4 placement agents
- H•• C•• Director
- L•••• L•• Director
- L••••• C•• Director
- C••••••• L•••••• A••• P•••••• L•• placement agent
- G••••••••• P•••••••• M••••••••• F••••• placement agent
- C••••••• L•••••• • C•• I••• placement agent
- C••••••• L•••••• ••••••••• P••• L•• placement agent
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).
2 public LP reports
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| N•• Y••• S•••• C••••• R••••••••• F••• osc.ny.gov | 2020 | $15.0M | Not disclosed | Not disclosed | Not disclosed | not meaningful yet | unknown | Mar 31, 2025 |
| N•• Y••• S•••• C••••• R••••••••• F••• osc.ny.gov | 2020 | $15.0M | Not disclosed | Not disclosed | Not disclosed | not meaningful yet | unknown | Dec 31, 2020 |
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
6 events
- Mar 31, 2025••• LockedLP commitment disclosed Fact Pension disclosure
- Nov 18, 2021••• LockedForm D filed Fact Form D
- Nov 17, 2021••• LockedForm D filed Fact Form D
- Mar 29, 2021••• LockedFund first reported on Form ADV Fact Form ADV
- Dec 31, 2020••• LockedLP commitment closed Fact Pension disclosure
- Nov 17, 2020••• LockedForm D filed Fact Form D
Evidence
47 observations
Every observation on this vehicle
- Entity type: L•••••• Partnership Nov 18, 2021 Fact Form D
- Entity type: L•••••• Partnership Nov 17, 2021 Fact Form D
- Entity type: L•••••• Partnership Nov 17, 2020 Fact Form D
- Form D fund type: Private Equity Fund Nov 18, 2021 Fact Form D
- Form D fund type: Private Equity Fund Nov 17, 2021 Fact Form D
- Form D fund type: Private Equity Fund Nov 17, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Nov 18, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Nov 17, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Nov 17, 2020 Fact Form D
- Amendment: true Nov 18, 2021 Fact Form D
- Amendment: true Nov 17, 2021 Fact Form D
- Amendment: false Nov 17, 2020 Fact Form D
- Revenue range (Form D): Decline to Disclose Nov 18, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Nov 17, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Nov 17, 2020 Fact Form D
- Incorporated: withinFiveYears Nov 18, 2021 Fact Form D
- Incorporated: withinFiveYears Nov 17, 2021 Fact Form D
- Incorporated: withinFiveYears Nov 17, 2020 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Nov 18, 2021 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Nov 17, 2021 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Nov 17, 2020 Fact Form D
- Amount sold (Form D): $831M Nov 18, 2021 Fact Form D
- Amount sold (Form D): $831M Nov 17, 2021 Fact Form D
- Amount sold (Form D): $0 Nov 17, 2020 Fact Form D
- Offering amount (Form D): $700M Nov 17, 2020 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Nov 18, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Nov 17, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Nov 17, 2020 Fact Form D
- First sale: 2020-11-24 Nov 18, 2021 Fact Form D
- First sale: 2020-11-24 Nov 17, 2021 Fact Form D
- Indefinite offering: true Nov 18, 2021 Fact Form D
- Indefinite offering: true Nov 17, 2021 Fact Form D
- Investors (Form D): 55 Nov 18, 2021 Fact Form D
- Investors (Form D): 55 Nov 17, 2021 Fact Form D
- Investors (Form D): 0 Nov 17, 2020 Fact Form D
- Minimum investment (Form D): 0 Nov 18, 2021 Fact Form D
- Minimum investment (Form D): 0 Nov 17, 2021 Fact Form D
- Minimum investment (Form D): 0 Nov 17, 2020 Fact Form D
- Securities offered: Equity, pooled Nov 18, 2021 Fact Form D
- Securities offered: Equity, pooled Nov 17, 2021 Fact Form D
- Securities offered: Equity, pooled Nov 17, 2020 Fact Form D
- Office address: ••• Locked Nov 18, 2021 Fact Form D
- Office address: ••• Locked Nov 17, 2021 Fact Form D
- Office address: ••• Locked Nov 17, 2020 Fact Form D
- Year of incorporation: 2020 Nov 18, 2021 Fact Form D
- Year of incorporation: 2020 Nov 17, 2021 Fact Form D
- Year of incorporation: 2020 Nov 17, 2020 Fact Form D