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 / JMI Equity Fund Ix-A, L.P.
JMI Equity Fund Ix-A, L.P.
Amounts, each with its basis
- Vintage
- 2019basis: adv first reported
- 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
- $1.1Bwhat may be sold, not what was raised; file 021-314241, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Jun 8, 2018
- First sale
- unknown
- Reported GAV
- $1.2Bon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 98
- Reported on ADV
- Mar 21, 2019 to Mar 28, 2024
Fundraising evidence
Unknown
latest Form D 2018-06-08, older than 15 months (fr-1)
evidence dated Jun 8, 2018. 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: n/avintage year: $2,019adv gav as of: 2024-03-28vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $1.1Bform d latest filed at: 2018-06-08
The fund's own reporting through time
8 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 21, 2019 | Private Equity Fund | $970M | 98 | $50,000 | 4% | yes | |
| Mar 12, 2020 | Private Equity Fund | $1.1B | 98 | $50,000 | 4% | yes | |
| Mar 16, 2021 | Private Equity Fund | $1.3B | 97 | $50,000 | 4% | yes | |
| Nov 1, 2021 | Private Equity Fund | $1.3B | 97 | $50,000 | 4% | yes | |
| Mar 25, 2022 | Private Equity Fund | $1.5B | 98 | $50,000 | 4% | yes | |
| Apr 22, 2022 | Private Equity Fund | $1.5B | 98 | $50,000 | 4% | yes | |
| Mar 22, 2023 | Private Equity Fund | $1.4B | 98 | $50,000 | 4% | yes | |
| Mar 28, 2024 | Private Equity Fund | $1.2B | 98 | $50,000 | 4% | yes |
Principals and agents
11 principals on Form D, 0 placement agents
- Harry S Gruner Executive Officer
- Suken P Vakil Executive Officer
- Paul V Barber Executive Officer
- Kathy R Fields Executive Officer
- Peter C Arrowsmith Executive Officer
- Randy E. Guttman Executive Officer
- Matthew R Emery Executive Officer
- JMI Associates IX, L.L.C. Executive Officer
- Robert P Nye IV Executive Officer
- Brian J Hersman Executive Officer
- David M Greenberg Executive Officer
Limited partners and their reported performance
2 public LP reports
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Alaska Permanent Fund Corporation apfc.org | 2018 | $75.0M | n/a | n/a | n/a | not meaningful yet | unknown | Dec 31, 2025 |
| California State Teachers' Retirement System calstrs.com | 2019 | $120M | $135M | $124M | $163M | 22.5% | 2.1x | Jun 30, 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
5 events
- Dec 31, 2025APFC reports JMI Equity Fund IX-A LP: $75,000,000 committed, vintage 2018LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Jun 30, 2025CalSTRS reports JMI Equity Fund IX-A, L.P.: $120,000,000 committed, vintage 2019, net IRR 22.5%, 2.13xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Jun 30, 2025CalSTRS reports JMI Equity Fund IX-A, L.P.: $120,000,000 committed, vintage 2019, net IRR 22.5%, 2.13xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 21, 2019JMI Equity Fund Ix-A, L.P. first reported on Form ADV by JMI Management, Inc. (Private Equity Fund), GAV $969,863,996Fund 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)
- Jun 8, 2018JMI Equity Fund IX-A, L.P. filed Form D: no sales yet of $1,100,000,000, Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
14 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jun 8, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Jun 8, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jun 8, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jun 8, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Jun 8, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: yetToBeFormed Jun 8, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jun 8, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Jun 8, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $1.1B Jun 8, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Jun 8, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Jun 8, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jun 8, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jun 8, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 100 International Drive, Suite 19100, Baltimore, MD, 21202 Jun 8, 2018 Fact SEC EDGAR Form D data sets (quarterly)