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 / Encap Energy Capital Fund Xii, L.P.

Encap Energy Capital Fund Xii, L.P.

Active deploymentUnknownFundADV: Venture Capital FundEncap Investments L.P.Delaware
Amounts, each with its basis
Vintage
2023basis: 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 021-479262, sworn by the adviser or filed under this vehicle
Form D sold
$2.1Bas of the filing of Apr 18, 2024, 173 investors
First sale
May 17, 2023
Reported GAV
$2.0Bon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
169
Reported on ADV
Mar 28, 2024 to Mar 28, 2024
Structure
master
Fundraising evidence
Unknown
latest Form D 2024-04-18, older than 15 months (fr-1)
evidence dated Apr 18, 2024. 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
Active deployment
vintage 2 to 4 years
age years: 3first sale: 2023-05-17vintage year: $2,023adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $2.1Bform d offering usd: n/aform d latest filed at: 2024-04-18
The fund's own reporting through time
1 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 28, 2024Venture Capital Fund$2.0B
169$1.0M3%yes
Principals and agents
8 principals on Form D, 0 placement agents
Limited partners and their reported performance
1 public LP report
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
Alaska Permanent Fund Corporation apfc.org2023$70.0Mn/an/an/anot meaningful yetunknownDec 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
  1. Dec 31, 2025
    APFC reports EnCap Energy Capital Fund XII LP: $70,000,000 committed, vintage 2023
    LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  2. Apr 18, 2024
    EnCap Energy Capital Fund XII, L.P. filed Form D/A: $2,096,879,474 sold (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Mar 28, 2024
    Encap Energy Capital Fund Xii, L.P. first reported on Form ADV by Encap Investments L.P. (Venture Capital Fund), GAV $1,983,239,055
    Fund 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)
  4. Apr 18, 2023
    EnCap Energy Capital Fund XII, L.P. filed Form D: no sales yet (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle