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 / Horsley Bridge Xii Venture, L.P.
Horsley Bridge Xii Venture, L.P.
Amounts, each with its basis
- Vintage
- 2018basis: 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
- $1.3Bwhat may be sold, not what was raised; file 021-287285, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of May 23, 2017
- First sale
- unknown
- Reported GAV
- $2.8Bon the Form ADV filed Jul 23, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 71
- Reported on ADV
- Mar 31, 2018 to Jul 23, 2024
- Structure
- master
Fundraising evidence
Unknown
latest Form D 2017-05-23, older than 15 months (fr-1)
evidence dated May 23, 2017. 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
Harvest
vintage over 7 years, still reported
age years: 8first sale: n/avintage year: $2,018adv gav as of: 2024-07-23vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $1.3Bform d latest filed at: 2017-05-23
The fund's own reporting through time
16 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2018 | Venture Capital Fund | $1.5B | 78 | $10.0M | 4% | yes | |
| Jul 31, 2018 | Venture Capital Fund | $1.5B | 78 | $10.0M | 4% | yes | |
| Mar 29, 2019 | Venture Capital Fund | $1.5B | 78 | $10.0M | 4% | yes | |
| Jun 28, 2019 | Venture Capital Fund | $1.5B | 78 | $10.0M | 4% | yes | |
| Mar 30, 2020 | Venture Capital Fund | $1.5B | 79 | $10.0M | 4% | yes | |
| Mar 31, 2020 | Venture Capital Fund | $1.5B | 79 | $10.0M | 4% | yes | |
| Aug 7, 2020 | Venture Capital Fund | $1.5B | 79 | $10.0M | 4% | yes | |
| Mar 30, 2021 | Venture Capital Fund | $1.6B | 79 | $10.0M | 4% | yes | |
| Jun 30, 2021 | Venture Capital Fund | $1.6B | 79 | $10.0M | 4% | yes | |
| Mar 30, 2022 | Venture Capital Fund | $3.0B | 71 | $10.0M | 4% | yes | |
| Jul 1, 2022 | Venture Capital Fund | $3.0B | 71 | $10.0M | 4% | yes | |
| Dec 8, 2022 | Venture Capital Fund | $3.0B | 71 | $10.0M | 4% | yes | |
| Mar 30, 2023 | Venture Capital Fund | $3.1B | 71 | $10.0M | 4% | yes | |
| Jul 7, 2023 | Venture Capital Fund | $3.1B | 71 | $10.0M | 4% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $2.8B | 71 | $10.0M | 4% | yes | |
| Jul 23, 2024 | Venture Capital Fund | $2.8B | 71 | $10.0M | 4% | yes |
Principals and agents
13 principals on Form D, 1 placement agents
- Lance Cottrill Executive Officer/Promoter
- Horsley Bridge Partners LLC Executive Officer/Promoter
- Joshua D. Freeman Executive Officer/Promoter
- YI D. Sun Executive Officer/Promoter
- Mark M. Moore Executive Officer
- Elizabeth D. Obershaw Executive Officer/Promoter
- HB XII Venture, LLC Executive Officer/Promoter
- Alfred J. Giuffrida Executive Officer/Promoter
- Clara M. Vu Executive Officer
- JON M. Roller Executive Officer
- Kathryn D. Mayne Executive Officer/Promoter
- Du Chai Executive Officer/Promoter
- Kathleen M. Murphy Executive Officer/Promoter
- Baro Investment & Securities Co. Ltd. ("Baro") 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
2 events
- Mar 31, 2018Horsley Bridge Xii Venture, L.P. first reported on Form ADV by Horsley Bridge Partners LLC (Venture Capital Fund), GAV $1,474,924,262Fund 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)
- May 23, 2017Horsley Bridge XII Venture, L.P. filed Form D: no sales yet of $1,300,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership May 23, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund May 23, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund May 23, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false May 23, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose May 23, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears May 23, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE May 23, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 May 23, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $1.3B May 23, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 May 23, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 May 23, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 May 23, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity,pooled May 23, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 505 MONTGOMERY STREET, 21ST FLOOR, SAN FRANCISCO, CA, 94111 May 23, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2017 May 23, 2017 Fact SEC EDGAR Form D data sets (quarterly)