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 / Greenspring Secondaries Fund IV, L.P.
Greenspring Secondaries Fund IV, L.P.
MatureClosed to new capitalFundother manager vehicleADV: Private Equity FundGreenspring Associates, LLCDelaware
Amounts, each with its basis
- Vintage
- 2019basis: 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 021-345529, sworn by the adviser or filed under this vehicle
- Form D sold
- $800Mas of the filing of Jan 6, 2020
- First sale
- Aug 1, 2019
- Reported GAV
- $795Mon the Form ADV filed Oct 1, 2021; the fund's assets, never its size or dry powder
- Owners (ADV)
- 398
- Reported on ADV
- Mar 19, 2020 to Oct 1, 2021
- Structure
- master
Fundraising evidence
Closed to new capital
Form D filed or amended 2020-01-06: the stated $800.0M offering reported fully sold (fr-1)
evidence dated Jan 6, 2020. 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
Mature
vintage 4 to 7 years
age years: 7first sale: 2019-08-01vintage year: $2,019adv gav as of: 2021-10-01vintage basis: form_d_first_saleform d sold usd: $800Mform d offering usd: $800Mform d latest filed at: 2020-01-06
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 19, 2020 | Private Equity Fund | $739M | 398 | $200,000 | 0% | yes | |
| Mar 29, 2021 | Private Equity Fund | $795M | 398 | $200,000 | 0% | yes | |
| Oct 1, 2021 | Private Equity Fund | $795M | 398 | $200,000 | 0% | yes | |
| Oct 1, 2021 | Private Equity Fund | $795M | 398 | $200,000 | 0% | yes |
Principals and agents
7 principals on Form D, 11 placement agents
- Greenspring Secondaries GP IV, LLC Director
- Greenspring Secondaries General Partner IV, L.P. Director
- C. Ashton Newhall Director
- Greenspring Associates, L.P. Director
- Eric Ashton Thompson Executive Officer
- Lindsay Ashton Redfield Executive Officer
- James Ashton Lim Director
- RBC Capital Markets LLC placement agent
- Stifel, Nicolaus & Company, Incorporated placement agent
- Monument Group, Inc. placement agent
- VCP Advisors LLC placement agent
- Innovation Partners LLC placement agent
- WaveCrest Securities, LLC placement agent
- PAS Advisory Services Pty Ltd. placement agent
- Raymond James & Associates, Inc. placement agent
- Kronstein Alternative Investment Advisors GmbH placement agent
- FPA Financial Corporation Pte Ltd. placement agent
- CH Advisors GmbH placement agent
Limited partners and their reported performance
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.
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
- Mar 19, 2020Greenspring Secondaries Fund IV, L.P. first reported on Form ADV by Greenspring Associates, LLC (Private Equity Fund), GAV $739,024,739Fund 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)
- Jan 6, 2020Greenspring Secondaries Fund IV, L.P. filed Form D/A: $800,000,000 sold of $800,000,000, Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Jul 31, 2019Greenspring Secondaries Fund IV, L.P. filed Form D: no sales yet of $600,000,000, Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
51 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Jan 6, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Jul 31, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Jan 6, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Jul 31, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jan 6, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jul 31, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jan 6, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jul 31, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Jan 6, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Jul 31, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jan 6, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jul 31, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jan 6, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jul 31, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $800M Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $800M Jan 6, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Jul 31, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $800M Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $600M Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $800M Jan 6, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $600M Jul 31, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Jan 6, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Jul 31, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2019-08-01 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2019-08-01 Jan 6, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Jan 6, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Jul 31, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jan 6, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jul 31, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jan 6, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jul 31, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 100 PAINTERS MILL ROAD, OWINGS MILLS, MD, 21117 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 100 PAINTERS MILL ROAD, Suite 700, OWINGS MILLS, MD, 21117 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 100 PAINTERS MILL ROAD, OWINGS MILLS, MD, 21117 Jan 6, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 100 PAINTERS MILL ROAD, Suite 700, OWINGS MILLS, MD, 21117 Jul 31, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2019 Jan 6, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2019 Jul 31, 2019 Fact SEC EDGAR Form D data sets (quarterly)