DFX Intelligence
Rethink Impact LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
HarvestFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
3 additional principals, 1 additional placement agent, 1 event
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- -12%reported GAV
Reported gross assets fell from $309M to $270M between the Form ADV filings of 29 Mar 2024 and 6 Jul 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
- 2016basis: 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 021-256794, sworn by the adviser or filed under this vehicle
- Form D sold
- $2.8Mas of the filing of May 23, 2016, 2 investors
- First sale
- Feb 4, 2016
- Reported GAV
- $270Mon the Form ADV filed Jul 6, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 183
- Reported on ADV
- Mar 30, 2016 to Jul 6, 2026
Fundraising evidence
What 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 2016-05-23, older than 15 months (fr-1)
evidence dated May 23, 2016.
Lifecycle
Harvest
Lifecycle
vintage over 7 years, still reported
age years: 10first sale: Feb 4, 2016vintage year: 2016adv gav as of: Jul 6, 2026vintage basis: Form d first saleform d sold: $2.8Mform d offering: n/aform d latest filed at: May 23, 2016
The fund's own reporting through time
15 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2016 | Venture Capital Fund | $43,000 | 3 | $250,000 | 0% | yes | |
| May 31, 2016 | Venture Capital Fund | $43,000 | 3 | $250,000 | 0% | yes | |
| Mar 30, 2017 | Venture Capital Fund | $70.0M | 125 | $100,000 | 1% | yes | |
| Jul 10, 2017 | Venture Capital Fund | $70.0M | 125 | $100,000 | 1% | yes | |
| Mar 27, 2018 | Venture Capital Fund | $106M | 179 | $100,000 | 1% | yes | |
| Mar 26, 2019 | Venture Capital Fund | $105M | 179 | $100,000 | 1% | yes | |
| Jul 1, 2019 | Venture Capital Fund | $105M | 179 | $100,000 | 1% | yes | |
| Mar 30, 2020 | Venture Capital Fund | $118M | 183 | $100,000 | 1% | yes | |
| Mar 28, 2021 | Venture Capital Fund | $144M | 183 | $100,000 | 0% | yes | |
| Mar 30, 2022 | Venture Capital Fund | $303M | 183 | $100,000 | 0% | yes | |
| May 15, 2022 | Venture Capital Fund | $303M | 183 | $100,000 | 0% | yes | |
| Oct 7, 2022 | Venture Capital Fund | $303M | 183 | $100,000 | 0% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $280M | 183 | $100,000 | 0% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $309M | 183 | $100,000 | 0% | yes | |
| Jul 6, 2026 | Venture Capital Fund | $270M | 183 | $100,000 | 0% |
Principals and agents
6 principals on Form D, 1 placement agents
- - Seavest Investment Group, LLC Executive Officer
- - Rethink Impact GP, LP Executive Officer
- Richard Segal Executive Officer
- UBS Financial Services Inc. placement agent
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorCohnReznick · NEW YORK, New York, United StatesForm ADV filed Jul 6, 2026 reports.adviserinfo.sec.gov
- AdministratorRELIANT FUND SERVICES, LLC · CRANFORD, New Jersey, United StatesForm ADV filed Jul 6, 2026 reports.adviserinfo.sec.gov
- CustodianBANC OF CALIFORNIA · NEW YORK, New York, United StatesForm ADV filed Jul 6, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose 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).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.
Known LPs and allocators
What 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 |
|---|---|---|---|---|
| The Mortenson Family Foundation | FOUNDATION | $2.6M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
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
6 events
- Mar 31, 2026Administrator changed: RELIANT FUND SERVICES, LLC replaced Apex Group, first reported on the Form ADV filed March 31, 2026 (previous filing March 31, 2025)Administrator changed Fact Form ADV
- Mar 29, 2024Administrator changed: Apex Group replaced BROADSCOPE FUND ADMINISTRATORS, first reported on the Form ADV filed March 29, 2024 (previous filing March 31, 2023)Administrator changed Fact Form ADV
- Mar 28, 2021Custodian changed: PACIFIC WESTERN BANK replaced Bank of America, first reported on the Form ADV filed March 28, 2021 (previous filing March 30, 2020)Custodian changed Fact Form ADV
- May 23, 2016Rethink Impact, LP filed Form D/A: $2,750,000 sold (indefinite offering), Venture Capital FundForm D filed Fact Form D
- Mar 30, 2016Rethink Impact LP first reported on Form ADV by Seavest Investment Group, LLC (Venture Capital Fund), GAV $43,000Fund first reported on Form ADV Fact Form ADV
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership May 23, 2016 Fact Form D
- Entity type: Limited Partnership Feb 5, 2016 Fact Form D
- Form D fund type: Venture Capital Fund May 23, 2016 Fact Form D
- Form D fund type: Venture Capital Fund Feb 5, 2016 Fact Form D
- Form D industry group: Pooled Investment Fund May 23, 2016 Fact Form D
- Form D industry group: Pooled Investment Fund Feb 5, 2016 Fact Form D
- Amendment: true May 23, 2016 Fact Form D
- Amendment: false Feb 5, 2016 Fact Form D
- Revenue range (Form D): Decline to Disclose May 23, 2016 Fact Form D
- Revenue range (Form D): Decline to Disclose Feb 5, 2016 Fact Form D
- Incorporated: withinFiveYears May 23, 2016 Fact Form D
- Incorporated: withinFiveYears Feb 5, 2016 Fact Form D
- Jurisdiction: Delaware May 23, 2016 Fact Form D
- Jurisdiction: Delaware Feb 5, 2016 Fact Form D
- Amount sold (Form D): $2.8M May 23, 2016 Fact Form D
- Amount sold (Form D): $0 Feb 5, 2016 Fact Form D
- Exemptions: 06b, 3C, 3C.7 May 23, 2016 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Feb 5, 2016 Fact Form D
- First sale: 2016-02-04 May 23, 2016 Fact Form D
- Indefinite offering: true May 23, 2016 Fact Form D
- Indefinite offering: true Feb 5, 2016 Fact Form D
- Investors (Form D): 2 May 23, 2016 Fact Form D
- Investors (Form D): 0 Feb 5, 2016 Fact Form D
- Minimum investment (Form D): 0 May 23, 2016 Fact Form D
- Minimum investment (Form D): 0 Feb 5, 2016 Fact Form D
- Securities offered: pooled May 23, 2016 Fact Form D
- Securities offered: pooled Feb 5, 2016 Fact Form D
- Office address: May 23, 2016 Fact Form D
- Office address: Feb 5, 2016 Fact Form D
- Year of incorporation: 2015 May 23, 2016 Fact Form D
- Year of incorporation: 2015 Feb 5, 2016 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Rethink Impact LP is the same institution as 2 records in RIA and Wealth and Allocators.
RIA and Wealth1Allocators1
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.
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Record history
3 dated events on the change ledger, latest event first
- Form D filed2016-05-23source on record
- Fund first reported on ADV2016-03-30source on record
- Form D filed2016-02-05source 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.