DFX Intelligence
Innovative Development Funds LLC
As of · the latest observation of this vehicle; each figure below carries its own filing date
UnknownFundraising status unknownunknown
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional placement agent
Every relationship, signal and contact on this record, with the source on each.
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Nothing material in the last 365 days.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- unknownno dated first sale or first report yet
- 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
- unknownwhat may be sold, not what was raised; file 021-52989, sworn by the adviser or filed under this vehicle
- Form D sold
- unknown
- First sale
- unknown
- Reported GAV
- $59.7Mon the Form ADV filed Sep 12, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 93
- Reported on ADV
- Sep 12, 2026 to Sep 12, 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.Unknown
no Form D or close on record (fr-1)
Lifecycle
Unknown
Lifecycle
no vintage and no recent Form D
first sale: n/avintage year: n/aadv gav as of: Sep 12, 2026vintage basis: n/aform d sold: n/aform d offering: n/aform d latest filed at: n/a
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Sep 12, 2026 | $59.7M | 93 | $250,000 | 0% |
Principals and agents
1 principal on Form D, 0 placement agents
- Innovative Private Wealth Management Inc general partner (ADV 7.B.(1).A.3)
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorWEAVER AND TIDWELL, L.L.P. · NEW YORK, New York, United StatesForm ADV filed Jul 31, 2026 reports.adviserinfo.sec.gov
- AdministratorESSENTIAL FUND SERVICES INTERNATIONAL · NEW YORK, New York, United StatesForm ADV filed Jul 31, 2026 reports.adviserinfo.sec.gov
- CustodianVALLEY NATIONAL BANK · MORRISTOWN, New Jersey, United StatesForm ADV filed Jul 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
3 events
- Sep 12, 2026Innovative Development Funds LLC first reported on Form ADV by Innovative Private Wealth Management Inc., GAV $59,703,000Fund first reported on Form ADV Fact Form ADV
- Apr 1, 2026Auditor changed: WEAVER AND TIDWELL, L.L.P. replaced GRASSI & CO., first reported on the Form ADV filed April 1, 2026 (previous filing March 19, 2026)Auditor changed Fact Form ADV
- Apr 1, 2026Custodian changed: VALLEY NATIONAL BANK replaced JPMorgan, first reported on the Form ADV filed April 1, 2026 (previous filing March 19, 2026)Custodian changed Fact Form ADV
Evidence
1 observation
Every observation on this vehicle
- Adv pdf fund: 59,703,000 Sep 12, 2026 Fact Form ADV
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Innovative Development Funds LLC is the same institution as 2 records in Private Equity and RIA and Wealth.
Private Equity1RIA 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.
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Record history
1 dated event on the change ledger, latest event first
- Fund first reported on ADV2026-09-12source 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.