DFX Intelligence
Sequoia Capital Fund, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
- Vintage
- 2022
- Form D sold
- $23B
- Reported gross assets
- $27B
Form ADV, Jul 17, 2026
FundraisingEvergreen or indefinite offeringADV: Hedge Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
14 additional placement agents, 2 events
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
- $22.7Bsold at the filing
Latest Form D filed on 5 Feb 2026: $22.7B sold, 396 investors. A Form D amount is what was sold at the filing, never a final close.
A new or amended Form D means the vehicle is taking money now.
- 1 LP reportpublic disclosures
1 public LP report name this vehicle; the latest, Alaska Permanent Fund Corporation as of 31 Dec 2025, shows $18M committed.
A named LP and its own performance figures are the strongest outside read on a fund.
FactPublic pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)For LPs, fund-of-fundsLimited partners → - +69%reported GAV
Reported gross assets rose from $16.1B to $27.2B between the Form ADV filings of 30 Oct 2024 and 17 Jul 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
- 2022basis: 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 021-432427, sworn by the adviser or filed under this vehicle
- Form D sold
- $23Bas of the filing of Feb 5, 2026, 396 investors
- First sale
- Feb 8, 2022
- Reported GAV
- $27Bon the Form ADV filed Jul 17, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 355
- Reported on ADV
- Mar 31, 2022 to Jul 17, 2026
- Structure
- master
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.
Evergreen or indefinite offering
Form D filed or amended 2026-02-05: offering indefinite, sold $22.7bn (fr-1)
evidence dated Feb 5, 2026.
LifecycleFundraising
Form D within 18 months and the offering is not sold out
first sale: Feb 8, 2022vintage year: 2022adv gav as of: Jul 17, 2026vintage basis: Form d first saleform d sold: $23Bform d offering: n/aform d latest filed at: Feb 5, 2026
The fund's own reporting through time
11 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2022 | Venture Capital Fund | $3.2B | 263 | 8% | yes | ||
| Jun 30, 2022 | Hedge Fund | $3.2B | 263 | 8% | yes | ||
| Mar 31, 2023 | Hedge Fund | $11B | 355 | 4% | yes | ||
| May 3, 2023 | Hedge Fund | $11B | 355 | 4% | yes | ||
| May 3, 2023 | Hedge Fund | $11B | 355 | 4% | yes | ||
| Jun 29, 2023 | Hedge Fund | $11B | 355 | 4% | yes | ||
| Aug 7, 2023 | Hedge Fund | $11B | 355 | 4% | yes | ||
| Mar 29, 2024 | Hedge Fund | $16B | 355 | 3% | yes | ||
| Apr 16, 2024 | Hedge Fund | $16B | 355 | 3% | yes | ||
| Oct 30, 2024 | Hedge Fund | $16B | 355 | 3% | yes | ||
| Jul 17, 2026 | Hedge Fund | $27B | 355 | 12% |
Principals and agents
1 principal on Form D, 0 placement agents
- - Sequoia Capital Fund Management, L.P. Promoter
Service providers
17 named on Form ADV Schedule D and Form D
- AuditorPwC · GEORGE TOWN, Cayman IslandsForm ADV filed Sep 29, 2025 reports.adviserinfo.sec.gov
- AdministratorLINNOVATE PARTNERS AFS (US), LLC · SAN MATEO, California, United StatesForm ADV filed Sep 29, 2025 reports.adviserinfo.sec.gov
- AdministratorStandish Management · SAN FRANCISCO, California, United StatesForm ADV filed Sep 29, 2025 reports.adviserinfo.sec.gov
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).
1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Alaska Permanent Fund Corporation apfc.org | 2022 | $18.0M | Not disclosed | Not disclosed | Not disclosed | not meaningful yet | unknown | Dec 31, 2025 |
Known LPs and allocatorsWhat 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.
1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Alaska Permanent Fund Corporation | SOVEREIGN LINKED US ALLOCATOR | $18.0M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
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
7 events
- Feb 5, 2026Sequoia Capital Fund, L.P. filed Form D/A: $22,722,245,832 sold (indefinite offering), Venture Capital FundForm D filed Fact Form D
- Dec 31, 2025APFC reports Sequoia Capital Fund LP: $18,000,000 committed, vintage 2022LP commitment disclosed Fact Pension disclosure
- Feb 5, 2025Sequoia Capital Fund, L.P. filed Form D/A: $19,566,795,457 sold (indefinite offering), Venture Capital FundForm D filed Fact Form D
- Feb 5, 2024Sequoia Capital Fund, L.P. filed Form D/A: $17,754,142,218 sold (indefinite offering), Venture Capital FundForm D filed Fact Form D
- Feb 3, 2023Sequoia Capital Fund, L.P. filed Form D/A: $13,610,872,436 sold (indefinite offering), Venture Capital FundForm D filed Fact Form D
Evidence
79 observations
Every observation on this vehicle
- Entity type: Other Feb 5, 2026 Fact Form D
- Entity type: Other Feb 5, 2025 Fact Form D
- Entity type: Other Feb 5, 2024 Fact Form D
- Entity type: Other Feb 3, 2023 Fact Form D
- Entity type: Other Feb 4, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Feb 5, 2026 Fact Form D
- Form D fund type: Venture Capital Fund Feb 5, 2025 Fact Form D
- Form D fund type: Venture Capital Fund Feb 5, 2024 Fact Form D
- Form D fund type: Venture Capital Fund Feb 3, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Feb 4, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Feb 5, 2026 Fact Form D
- Form D industry group: Pooled Investment Fund Feb 5, 2025 Fact Form D
- Form D industry group: Pooled Investment Fund Feb 5, 2024 Fact Form D
- Form D industry group: Pooled Investment Fund Feb 3, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Feb 4, 2022 Fact Form D
- Amendment: true Feb 5, 2026 Fact Form D
- Amendment: true Feb 5, 2025 Fact Form D
- Amendment: true Feb 5, 2024 Fact Form D
- Amendment: true Feb 3, 2023 Fact Form D
- Amendment: false Feb 4, 2022 Fact Form D
- Revenue range (Form D): Decline to Disclose Feb 5, 2026 Fact Form D
- Revenue range (Form D): Decline to Disclose Feb 5, 2025 Fact Form D
- Revenue range (Form D): Decline to Disclose Feb 5, 2024 Fact Form D
- Revenue range (Form D): Decline to Disclose Feb 3, 2023 Fact Form D
- Revenue range (Form D): Decline to Disclose Feb 4, 2022 Fact Form D
- Incorporated: withinFiveYears Feb 5, 2026 Fact Form D
- Incorporated: withinFiveYears Feb 5, 2025 Fact Form D
- Incorporated: withinFiveYears Feb 5, 2024 Fact Form D
- Incorporated: withinFiveYears Feb 3, 2023 Fact Form D
- Incorporated: withinFiveYears Feb 4, 2022 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Feb 5, 2026 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Feb 5, 2025 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Feb 5, 2024 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Feb 3, 2023 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Feb 4, 2022 Fact Form D
- Amount sold (Form D): $23B Feb 5, 2026 Fact Form D
- Amount sold (Form D): $20B Feb 5, 2025 Fact Form D
- Amount sold (Form D): $18B Feb 5, 2024 Fact Form D
- Amount sold (Form D): $14B Feb 3, 2023 Fact Form D
- Amount sold (Form D): $0 Feb 4, 2022 Fact Form D
- Exemptions: 06c, 3C, 3C.7 Feb 5, 2026 Fact Form D
- Exemptions: 06c, 3C, 3C.7 Feb 5, 2025 Fact Form D
- Exemptions: 06c, 3C, 3C.7 Feb 5, 2024 Fact Form D
- Exemptions: 06c, 3C, 3C.7 Feb 3, 2023 Fact Form D
- Exemptions: 06c, 3C, 3C.7 Feb 4, 2022 Fact Form D
- First sale: 2022-02-08 Feb 5, 2026 Fact Form D
- First sale: 2022-02-08 Feb 5, 2025 Fact Form D
- First sale: 2022-02-08 Feb 5, 2024 Fact Form D
- First sale: 2022-02-08 Feb 3, 2023 Fact Form D
- Indefinite offering: true Feb 5, 2026 Fact Form D
- Indefinite offering: true Feb 5, 2025 Fact Form D
- Indefinite offering: true Feb 5, 2024 Fact Form D
- Indefinite offering: true Feb 3, 2023 Fact Form D
- Indefinite offering: true Feb 4, 2022 Fact Form D
- Investors (Form D): 396 Feb 5, 2026 Fact Form D
- Investors (Form D): 376 Feb 5, 2025 Fact Form D
- Investors (Form D): 358 Feb 5, 2024 Fact Form D
- Investors (Form D): 354 Feb 3, 2023 Fact Form D
- Investors (Form D): 0 Feb 4, 2022 Fact Form D
- Minimum investment (Form D): 0 Feb 5, 2026 Fact Form D
- Minimum investment (Form D): 0 Feb 5, 2025 Fact Form D
- Minimum investment (Form D): 0 Feb 5, 2024 Fact Form D
- Minimum investment (Form D): 0 Feb 3, 2023 Fact Form D
- Minimum investment (Form D): 0 Feb 4, 2022 Fact Form D
- Securities offered: pooled Feb 5, 2026 Fact Form D
- Securities offered: pooled Feb 5, 2025 Fact Form D
- Securities offered: pooled Feb 5, 2024 Fact Form D
- Securities offered: pooled Feb 3, 2023 Fact Form D
- Securities offered: pooled Feb 4, 2022 Fact Form D
- Office address: Feb 5, 2026 Fact Form D
- Office address: Feb 5, 2025 Fact Form D
- Office address: Feb 5, 2024 Fact Form D
- Office address: Feb 3, 2023 Fact Form D
- Office address: Feb 4, 2022 Fact Form D
- Year of incorporation: 2021 Feb 5, 2026 Fact Form D
- Year of incorporation: 2021 Feb 5, 2025 Fact Form D
- Year of incorporation: 2021 Feb 5, 2024 Fact Form D
- Year of incorporation: 2021 Feb 3, 2023 Fact Form D
- Year of incorporation: 2021 Feb 4, 2022 Fact Form D
Relationships across DFX
on 3 other DFX graphs · 2 capital paths
Across the graphs
Sequoia Capital Fund, L.P. is the same institution as 3 records in Allocators, RIA and Wealth and Family Offices.
Allocators1RIA and Wealth1Family Offices1
DFX found 3 relationships across 3 datasets
Which record it is in each graph, what it is called there, and what the two were joined on.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Capital chain
Sequoia Capital Fund, L.P. sits on 2 traced paths of capital across the graphs.
Allocator to VC fund to manager to company
DFX traced 2 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Record history
7 dated events on the change ledger, latest first
+4 more changes on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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.