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 / 3l Capital I, LP

3l Capital I, LP

HarvestClosed to new capitalFundADV: Venture Capital Fund3l Capital Management, LLCDelaware
Amounts, each with its basis
Vintage
2018basis: 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
$212Mwhat may be sold, not what was raised; file 021-322533, sworn by the adviser or filed under this vehicle
Form D sold
$212Mas of the filing of Apr 7, 2020, 79 investors
First sale
Oct 2, 2018
Reported GAV
$257Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
77
Reported on ADV
Nov 16, 2018 to Mar 29, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2020-04-07: the stated $211.6M offering reported fully sold (fr-1)
evidence dated Apr 7, 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
Harvest
vintage over 7 years, still reported
age years: 8first sale: 2018-10-02vintage year: $2,018adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $212Mform d offering usd: $212Mform d latest filed at: 2020-04-07
The fund's own reporting through time
15 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Nov 16, 2018Venture Capital Fund$85.6M
30$50,00061%no
Nov 20, 2018Venture Capital Fund$85.6M
30$50,00061%no
Mar 29, 2019Venture Capital Fund$145M
58$50,00057%yes
May 13, 2019Venture Capital Fund$145M
58$50,00057%yes
Mar 30, 2020Venture Capital Fund$160M
76$50,00027%yes
Jun 24, 2020Venture Capital Fund$181M
76$50,00027%yes
Aug 17, 2020Venture Capital Fund$181M
76$50,00027%yes
Mar 31, 2021Venture Capital Fund$262M
76$50,00026%yes
Apr 30, 2021Venture Capital Fund$262M
76$50,00026%yes
Mar 31, 2022Venture Capital Fund$396M
77$50,00021%yes
Nov 3, 2022Venture Capital Fund$396M
77$50,00021%yes
Mar 31, 2023Venture Capital Fund$326M
77$50,00021%yes
May 5, 2023Venture Capital Fund$326M
77$50,00021%yes
May 16, 2023Venture Capital Fund$326M
77$50,00021%yes
Mar 29, 2024Venture Capital Fund$257M
77$50,00021%yes
Principals and agents
6 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
3 events
  1. Apr 7, 2020
    3L Capital I, LP filed Form D/A: $211,570,000 sold of $211,570,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  2. Nov 16, 2018
    3l Capital I, LP first reported on Form ADV by 3l Capital Management, LLC (Venture Capital Fund), GAV $85,625,000
    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)
  3. Oct 1, 2018
    3L Capital I, LP filed Form D: no sales yet of $200,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
47 observations
Every observation on this vehicle