DFX Intelligence
Lytton Partners 125.3
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
4 additional principals, 3 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
- +52%reported GAV
Reported gross assets rose from $847M to $1.28B between the Form ADV filings of 20 Dec 2024 and 1 Sep 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
- 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
- $800Mwhat may be sold, not what was raised; file 021-368414, sworn by the adviser or filed under this vehicle
- Form D sold
- $800Mas of the filing of Jun 5, 2020, 98 investors
- First sale
- May 22, 2020
- Reported GAV
- $1.3Bon the Form ADV filed Sep 1, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 100
- Reported on ADV
- Mar 30, 2021 to Sep 1, 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.Closed to new capital
Form D filed or amended 2020-06-05: the stated $800.0M offering reported fully sold (fr-1)
evidence dated Jun 5, 2020.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 6first sale: May 22, 2020vintage year: 2020adv gav as of: Sep 1, 2026vintage basis: Form d first saleform d sold: $800Mform d offering: $800Mform d latest filed at: Jun 5, 2020
The fund's own reporting through time
6 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2021 | Venture Capital Fund | $796M | 99 | $500,000 | 0% | yes | |
| Mar 28, 2022 | Venture Capital Fund | $920M | 99 | $500,000 | 0% | yes | |
| Mar 29, 2023 | Venture Capital Fund | $867M | 99 | $500,000 | 0% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $847M | 98 | $500,000 | 0% | yes | |
| Dec 20, 2024 | Venture Capital Fund | $847M | 98 | $500,000 | 0% | yes | |
| Sep 1, 2026 | Venture Capital Fund | $1.3B | 100 | $500,000 | 0% |
Principals and agents
7 principals on Form D, 0 placement agents
- George S. Bischof Executive Officer
- Alex S. Clayton Executive Officer
- Robert S. Ward Executive Officer
Service providers
6 named on Form ADV Schedule D and Form D
- AuditorBDO · SAN FRANCISCO, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianCITIZENS PRIVATE BANK · MENLO PARK, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianJPMorgan · NEW YORK, New York, United StatesForm ADV filed Mar 31, 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
2 events
- Mar 30, 2021Lytton Partners 125.3 first reported on Form ADV by Meritech Capital (Venture Capital Fund), GAV $795,565,234Fund first reported on Form ADV Fact Form ADV
- Jun 5, 2020Meritech Capital Partners VII L.P. filed Form D: $800,000,000 sold of $800,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
32 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact Form D
- Entity type: Limited Partnership Jun 5, 2020 Fact Form D
- Form D fund type: Venture Capital Fund Fact Form D
- Form D fund type: Venture Capital Fund Jun 5, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Fact Form D
- Form D industry group: Pooled Investment Fund Jun 5, 2020 Fact Form D
- Amendment: false Fact Form D
- Amendment: false Jun 5, 2020 Fact Form D
- Revenue range (Form D): Not Applicable Fact Form D
- Revenue range (Form D): Not Applicable Jun 5, 2020 Fact Form D
- Incorporated: withinFiveYears Fact Form D
- Incorporated: withinFiveYears Jun 5, 2020 Fact Form D
- Jurisdiction: Delaware Fact Form D
- Jurisdiction: Delaware Jun 5, 2020 Fact Form D
- Amount sold (Form D): $800M Fact Form D
- Amount sold (Form D): $800M Jun 5, 2020 Fact Form D
- Offering amount (Form D): $800M Fact Form D
- Offering amount (Form D): $800M Jun 5, 2020 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jun 5, 2020 Fact Form D
- First sale: 2020-05-22 Fact Form D
- First sale: 2020-05-22 Jun 5, 2020 Fact Form D
- Investors (Form D): 98 Fact Form D
- Investors (Form D): 98 Jun 5, 2020 Fact Form D
- Minimum investment (Form D): 0 Fact Form D
- Minimum investment (Form D): 0 Jun 5, 2020 Fact Form D
- Securities offered: pooled Fact Form D
- Securities offered: pooled Jun 5, 2020 Fact Form D
- Office address: Fact Form D
- Office address: Jun 5, 2020 Fact Form D
- Year of incorporation: 2020 Fact Form D
- Year of incorporation: 2020 Jun 5, 2020 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Lytton Partners 125.3 is the same institution as 2 records in RIA and Wealth and Family Offices.
RIA and Wealth1Family Offices1
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.
Checking your plan…
Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2021-03-30source on record
- Form D filed2020-06-05source 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.