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 / Oceansound Partners Fund, LP

Oceansound Partners Fund, LP

MatureUnknownFundother manager vehicleADV: Private Equity FundOceansound Partners, LPDelaware
Amounts, each with its basis
Vintage
2019basis: 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; joined by exact issuer name, corroborated by a person on the adviser's roster named on the filing, the adviser itself named on the filing, the general partner the adviser swears for this fund, the filing's signer sitting on the adviser's roster, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-352786
Form D sold
$464Mas of the filing of Nov 5, 2021, 62 investors
First sale
Jan 30, 2019
Reported GAV
$852Mon the Form ADV filed Mar 25, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
112
Reported on ADV
Jun 28, 2019 to Mar 25, 2024
Fundraising evidence
Unknown
latest Form D 2021-11-05, older than 15 months (fr-1)
evidence dated Nov 5, 2021. 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: 2019-01-30vintage year: $2,019adv gav as of: 2024-03-25vintage basis: form_d_first_saleform d sold usd: $464Mform d offering usd: n/aform d latest filed at: 2021-11-05
The fund's own reporting through time
7 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Jun 28, 2019Private Equity Fund$50.5M
5$10.0M2%yes
Mar 30, 2020Private Equity Fund$168M
26$10.0M2%yes
Jun 28, 2020Private Equity Fund$158M
35$10.0M2%yes
Mar 30, 2021Private Equity Fund$262M
43$10.0M2%yes
Mar 31, 2022Private Equity Fund$591M
108$10.0M3%yes
Mar 31, 2023Private Equity Fund$718M
108$10.0M3%yes
Mar 25, 2024Private Equity Fund$852M
112$10.0M3%yes
Principals and agents
6 principals on Form D, 1 placement agents
  • - OceanSound Partners, LP Promoter
  • - OceanSound Partners (GP), LP Promoter
  • Jeff W. Kelly Executive Officer
  • - OceanSound Partners MGP, LLC Promoter
  • Joe Benavides Executive Officer
  • Theodore W. Coons, Jr. Executive Officer
  • Sixpoint Partners LLC placement agent
Limited partners and their reported performance
2 public LP reports
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
Los Angeles City Employees' Retirement System lacers.org2019n/an/an/an/a21.3%2.0xDec 31, 2025
Los Angeles City Employees' Retirement System lacers.org2020$20.0Mn/an/an/anot meaningful yetunknownMay 12, 2020

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
6 events
  1. Dec 31, 2025
    LACERS reports OceanSound Partners Fund: an undisclosed amount committed, vintage 2019, net IRR 21.3%, 2.01x
    LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  2. Nov 5, 2021
    OceanSound Partners Fund, LP filed Form D/A: $464,450,000 sold (indefinite offering), Private Equity Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Nov 6, 2020
    OceanSound Partners Fund, LP filed Form D/A: $318,450,000 sold (indefinite offering), Private Equity Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  4. May 12, 2020
    LACERS commits $20,000,000 to OceanSound Partners Fund (OceanSound), closed 2020-05-12, new relationship
    LP commitment closed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  5. Nov 6, 2019
    OceanSound Partners Fund, LP filed Form D: no sales yet (indefinite offering), Private Equity Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  6. Jun 28, 2019
    Oceansound Partners Fund, LP first reported on Form ADV by Oceansound Partners LP (Private Equity Fund), GAV $50,510,900
    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)
Evidence
47 observations
Every observation on this vehicle