DFX Intelligence
Lightspeed Venture Partners Xii, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
HarvestClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
11 additional principals, 3 additional placement agents, 1 event
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
- 1 LP reportpublic disclosures
1 public LP report name this vehicle; the latest, Alaska Permanent Fund Corporation as of 31 Dec 2025, shows $25M 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 →
Drawing the relationship network…
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
- $2.1Bwhat may be sold, not what was raised; file 021-308598, sworn by the adviser or filed under this vehicle
- Form D sold
- $2.1Bas of the filing of Jun 21, 2019, 148 investors
- First sale
- Mar 28, 2018
- Reported GAV
- $1.6Bon the Form ADV filed May 6, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 121
- Reported on ADV
- Mar 29, 2019 to May 6, 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 2019-06-21: the stated $2.1bn offering reported fully sold (fr-1)
evidence dated Jun 21, 2019.
Lifecycle
Harvest
Lifecycle
vintage over 7 years, still reported
age years: 8first sale: Mar 28, 2018vintage year: 2018adv gav as of: May 6, 2026vintage basis: Form d first saleform d sold: $2.1Bform d offering: $2.1Bform d latest filed at: Jun 21, 2019
The fund's own reporting through time
9 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2019 | Venture Capital Fund | $744M | 112 | 2% | yes | ||
| Nov 25, 2019 | Venture Capital Fund | $744M | 112 | 2% | yes | ||
| Mar 27, 2020 | Venture Capital Fund | $770M | 112 | 2% | yes | ||
| Mar 29, 2021 | Venture Capital Fund | $900M | 113 | 2% | yes | ||
| Mar 25, 2022 | Venture Capital Fund | $1.9B | 112 | 2% | yes | ||
| Mar 29, 2023 | Venture Capital Fund | $1.8B | 113 | 2% | yes | ||
| Mar 29, 2024 | Venture Capital Fund | $1.6B | 120 | 2% | yes | ||
| May 6, 2026 | Venture Capital Fund | $1.6B | 121 | 2% | |||
| Sep 14, 2026 | $1.6B | 121 | 2% |
Principals and agents
14 principals on Form D, 0 placement agents
- Peter Y. Nieh Director
- Christopher J. Schaepe Director
- Barry Y. Eggers Director
Service providers
6 named on Form ADV Schedule D and Form D
- AuditorKPMG · GEORGE TOWN, Cayman IslandsForm ADV filed May 6, 2026 reports.adviserinfo.sec.gov
- CustodianCOMPUTERSHARE TRUST COMPANY · CANTON, Massachusetts, United StatesForm ADV filed May 6, 2026 reports.adviserinfo.sec.gov
- CustodianODYSSEY TRUST COMPANY · CALGARY, CanadaForm ADV filed May 6, 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).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 | 2018 | $25.0M | Not disclosed | Not disclosed | Not disclosed | not meaningful yet | unknown | Dec 31, 2025 |
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.1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Alaska Permanent Fund Corporation | SOVEREIGN LINKED US ALLOCATOR | $25.0M 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
6 events
- Dec 31, 2025APFC reports Lightspeed Venture Partners XII LP: $25,000,000 committed, vintage 2018LP commitment disclosed Fact Pension disclosure
- Mar 29, 2021Auditor changed: KPMG replaced EY, first reported on the Form ADV filed March 29, 2021 (previous filing March 27, 2020)Auditor changed Fact Form ADV
- Jun 21, 2019Lightspeed Venture Partners Select III, L.P. filed Form D/A: $2,113,827,411 sold of $2,113,827,411, Venture Capital FundForm D filed Fact Form D
- Mar 29, 2019Lightspeed Venture Partners Xii, L.P. first reported on Form ADV by Lightspeed Venture Partners (Venture Capital Fund), GAV $743,819,344Fund first reported on Form ADV Fact Form ADV
- Jul 11, 2018Lightspeed Venture Partners Select III, L.P. filed Form D/A: $1,802,000,000 sold of $1,802,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
64 observations
Every observation on this vehicle
- Adv pdf fund: 1,616,179,576 Sep 14, 2026 Fact Form ADV
- Entity type: Other Fact Form D
- Entity type: Other Jun 21, 2019 Fact Form D
- Entity type: Other Jul 11, 2018 Fact Form D
- Entity type: Other Mar 26, 2018 Fact Form D
- Form D fund type: Venture Capital Fund Fact Form D
- Form D fund type: Venture Capital Fund Jun 21, 2019 Fact Form D
- Form D fund type: Venture Capital Fund Jul 11, 2018 Fact Form D
- Form D fund type: Venture Capital Fund Mar 26, 2018 Fact Form D
- Form D industry group: Pooled Investment Fund Fact Form D
- Form D industry group: Pooled Investment Fund Jun 21, 2019 Fact Form D
- Form D industry group: Pooled Investment Fund Jul 11, 2018 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 26, 2018 Fact Form D
- Amendment: true Fact Form D
- Amendment: true Jun 21, 2019 Fact Form D
- Amendment: true Jul 11, 2018 Fact Form D
- Amendment: false Mar 26, 2018 Fact Form D
- Revenue range (Form D): Decline to Disclose Fact Form D
- Revenue range (Form D): Decline to Disclose Jun 21, 2019 Fact Form D
- Revenue range (Form D): Decline to Disclose Jul 11, 2018 Fact Form D
- Revenue range (Form D): Decline to Disclose Mar 26, 2018 Fact Form D
- Incorporated: withinFiveYears Fact Form D
- Incorporated: withinFiveYears Jun 21, 2019 Fact Form D
- Incorporated: withinFiveYears Jul 11, 2018 Fact Form D
- Incorporated: withinFiveYears Mar 26, 2018 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Fact Form D
- Jurisdiction: CAYMAN ISLANDS Jun 21, 2019 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Jul 11, 2018 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Mar 26, 2018 Fact Form D
- Amount sold (Form D): $2.1B Fact Form D
- Amount sold (Form D): $2.1B Jun 21, 2019 Fact Form D
- Amount sold (Form D): $1.8B Jul 11, 2018 Fact Form D
- Amount sold (Form D): $0 Mar 26, 2018 Fact Form D
- Offering amount (Form D): $2.1B Fact Form D
- Offering amount (Form D): $2.1B Jun 21, 2019 Fact Form D
- Offering amount (Form D): $1.8B Jul 11, 2018 Fact Form D
- Offering amount (Form D): $1.8B Mar 26, 2018 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jun 21, 2019 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jul 11, 2018 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Mar 26, 2018 Fact Form D
- First sale: 2018-03-28 Fact Form D
- First sale: 2018-03-28 Jun 21, 2019 Fact Form D
- First sale: 2018-03-28 Jul 11, 2018 Fact Form D
- Investors (Form D): 148 Fact Form D
- Investors (Form D): 148 Jun 21, 2019 Fact Form D
- Investors (Form D): 131 Jul 11, 2018 Fact Form D
- Investors (Form D): 0 Mar 26, 2018 Fact Form D
- Minimum investment (Form D): 0 Fact Form D
- Minimum investment (Form D): 0 Jun 21, 2019 Fact Form D
- Minimum investment (Form D): 0 Jul 11, 2018 Fact Form D
- Minimum investment (Form D): 0 Mar 26, 2018 Fact Form D
- Securities offered: pooled Fact Form D
- Securities offered: pooled Jun 21, 2019 Fact Form D
- Securities offered: pooled Jul 11, 2018 Fact Form D
- Securities offered: pooled Mar 26, 2018 Fact Form D
- Office address: Fact Form D
- Office address: Jun 21, 2019 Fact Form D
- Office address: Jul 11, 2018 Fact Form D
- Office address: Mar 26, 2018 Fact Form D
- Year of incorporation: 2018 Fact Form D
- Year of incorporation: 2018 Jun 21, 2019 Fact Form D
- Year of incorporation: 2018 Jul 11, 2018 Fact Form D
- Year of incorporation: 2018 Mar 26, 2018 Fact Form D
Relationships across DFX
on 2 other DFX graphs · 5 capital paths
Across the graphs
Lightspeed Venture Partners Xii, L.P. is the same institution as 2 records in RIA and Wealth and Allocators.
RIA and Wealth1Allocators1
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.
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Capital chain
Lightspeed Venture Partners Xii, L.P. sits on 5 traced paths of capital across the graphs.
Allocator to VC fund to manager to company
DFX traced 5 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.
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Record history
1 identity change, 6 dated events on the change ledger, latest event first
- Fund folded2026-09-14
- LP commitment disclosed2025-12-31source on record
- Form D filed2019-06-21source on record
+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.