DFX Intelligence
Highland Capital Partners Viii Limited Partnership
Fundmanaged by Highland Capital Partners
As of · the latest observation of this vehicle; each figure below carries its own filing date
UnknownFundraising status unknownADV: Venture Capital Fund
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.
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 $15M 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 → - -11%reported GAV
Reported gross assets fell from $204M to $181M between the Form ADV filings of 20 Mar 2024 and 31 Mar 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
- 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
- $400Mwhat may be sold, not what was raised; file 021-132632, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Jul 10, 2009
- First sale
- unknown
- Reported GAV
- $181Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 63
- Reported on ADV
- Mar 30, 2012 to Mar 31, 2026
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.
Unknown
latest Form D 2009-07-10, older than 15 months (fr-1)
evidence dated Jul 10, 2009.
LifecycleUnknown
no vintage and no recent Form D
first sale: n/avintage year: n/aadv gav as of: Mar 31, 2026vintage basis: n/aform d sold: $0form d offering: $400Mform d latest filed at: Jul 10, 2009
The fund's own reporting through time
18 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2012 | Venture Capital Fund | $328M | 60 | $3.0M | 2% | yes | |
| Jun 26, 2012 | Venture Capital Fund | $328M | 60 | $3.0M | 2% | yes | |
| Oct 24, 2012 | Venture Capital Fund | $328M | 60 | $3.0M | 2% | yes | |
| Mar 27, 2013 | Venture Capital Fund | $363M | 60 | $3.0M | 2% | yes | |
| Mar 27, 2014 | Venture Capital Fund | $348M | 60 | $3.0M | 2% | yes | |
| Mar 31, 2015 | Venture Capital Fund | $294M | 62 | $3.0M | 2% | yes | |
| Mar 24, 2016 | Venture Capital Fund | $310M | 62 | $3.0M | 2% | yes | |
| Mar 29, 2017 | Venture Capital Fund | $377M | 62 | $100,000 | 2% | yes | |
| Mar 30, 2018 | Venture Capital Fund | $336M | 62 | $75,000 | 2% | yes | |
| Mar 28, 2019 | Venture Capital Fund | $305M | 62 | $75,000 | 2% | yes | |
| Mar 26, 2020 | Venture Capital Fund | $287M | 62 | $75,000 | 2% | yes | |
| Apr 16, 2020 | Venture Capital Fund | $287M | 62 | $75,000 | 2% | yes | |
| Mar 22, 2021 | Venture Capital Fund | $305M | 63 | $75,000 | 2% | yes | |
| Mar 23, 2022 | Venture Capital Fund | $350M | 63 | $75,000 | 2% | yes | |
| Sep 20, 2022 | Venture Capital Fund | $350M | 63 | $75,000 | 2% | yes | |
| Mar 21, 2023 | Venture Capital Fund | $235M | 63 | $75,000 | 2% | yes | |
| Mar 20, 2024 | Venture Capital Fund | $204M | 63 | $75,000 | 2% | yes | |
| Mar 31, 2026 | Venture Capital Fund | $181M | 63 | $75,000 | 2% |
Principals and agents
2 principals on Form D, 0 placement agents
- Limited Partnership Highland Management Partners VIII Executive Officer
- Limited Highland Management Partners VIII Executive Officer
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorRSM · BOSTON, Massachusetts, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianBank of America · CHARLOTTE, North Carolina, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianFirst Citizens Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 31, 2026 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 | 2009 | $15.0M | 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 | $15.0M 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
4 events
- Mar 31, 2026Auditor changed: RSM replaced PwC, first reported on the Form ADV filed March 31, 2026 (previous filing March 28, 2025)Auditor changed Fact Form ADV
- Dec 31, 2025APFC reports Highland Capital Partners VIII Limited Partnership: $15,000,000 committed, vintage 2009LP commitment disclosed Fact Pension disclosure
- Mar 30, 20124048 first reported on Form ADV by Highland Capital Partners (Venture Capital Fund), GAV $328,445,774Fund first reported on Form ADV Fact Form ADV
- Jul 10, 2009Highland Capital Partners VIII Limited Partnership filed Form D: no sales yet of $400,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jul 10, 2009 Fact Form D
- Form D fund type: Venture Capital Fund Jul 10, 2009 Fact Form D
- Form D industry group: Pooled Investment Fund Jul 10, 2009 Fact Form D
- Amendment: false Jul 10, 2009 Fact Form D
- Revenue range (Form D): Not Applicable Jul 10, 2009 Fact Form D
- Incorporated: withinFiveYears Jul 10, 2009 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Jul 10, 2009 Fact Form D
- Lp reported fund: Highland Capital Partners VIII Limited Partnership Sep 13, 2026 Fact Pension disclosure
- Amount sold (Form D): $0 Jul 10, 2009 Fact Form D
- Offering amount (Form D): $400M Jul 10, 2009 Fact Form D
- Exemptions: 06, 3C, 3C.7 Jul 10, 2009 Fact Form D
- Investors (Form D): 0 Jul 10, 2009 Fact Form D
- Minimum investment (Form D): 0 Jul 10, 2009 Fact Form D
- Securities offered: pooled Jul 10, 2009 Fact Form D
- Office address: Jul 10, 2009 Fact Form D
- Year of incorporation: 2009 Jul 10, 2009 Fact Form D
Relationships across DFX
on 2 other DFX graphs · 5 capital paths
Across the graphs
Highland Capital Partners Viii Limited Partnership is the same institution as 2 records in Allocators and RIA and Wealth.
Allocators1RIA 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.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Capital chain
Highland Capital Partners Viii Limited Partnership 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.
Checking your plan…
Record history
1 identity change, 2 dated events on the change ledger, latest event first
- Merged in2026-09-15
- LP commitment disclosed2025-12-31source on record
- Form D filed2009-07-10source 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.