DFX Intelligence
Venture Capital Intelligence
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 / Innovation Opportunities, L.P.
Innovation Opportunities, L.P.
Amounts, each with its basis
- Vintage
- 2024basis: adv first reported
- 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 021-475256, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Mar 8, 2023
- First sale
- unknown
- Reported GAV
- $410Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 6
- Reported on ADV
- Mar 29, 2024 to Mar 29, 2024
Fundraising evidence
Unknown
latest Form D 2023-03-08, older than 15 months (fr-1)
evidence dated Mar 8, 2023. 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
Early deployment
vintage within 2 years
age years: 2first sale: n/avintage year: $2,024adv gav as of: 2024-03-29vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: n/aform d latest filed at: 2023-03-08
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2024 | Private Equity Fund | $410M | 6 | 17% | yes |
Principals and agents
2 principals on Form D, 0 placement agents
- BEN Horowitz Executive Officer
- Marc Adreessen Executive Officer
Limited partners and their reported performance
1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| California Public Employees' Retirement System calpers.ca.gov | 2023 | $2.0B | $1.5B | $0 | $2.9B | 74.2% | 2.0x | Dec 31, 2025 |
Each 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).
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
4 events
- Dec 31, 2025CalPERS reports Innovation Opportunities, L.P.: $1,994,451,977 committed, vintage 2023, net IRR 74.2%, 2.0xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Dec 31, 2025CalPERS reports Innovation Opportunities, L.P.: $1,994,451,977 committed, vintage 2023, net IRR 74.2%, 2.0xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 29, 2024Innovation Opportunities, L.P. first reported on Form ADV by Andreessen Horowitz (Private Equity Fund), GAV $409,519,619Fund 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)
- Mar 8, 2023California Innovation Opportunities, L.P. filed Form D: no sales yet (indefinite offering), Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Mar 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Mar 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Mar 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Mar 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Mar 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Mar 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Mar 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Mar 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Mar 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Mar 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Mar 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Mar 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Mar 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2865 SAND HILL ROAD, SUITE 101, MENLO PARK, CA, 94025 Mar 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2023 Mar 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)