This provider
The service provider's name, 3,266 additional funds served, 229 provider changes
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
- Lost1 fund
Alpha Edison Management Company, LLC moved a fund from this provider to STIFEL BANK as custodian.
A client that left; the filing names who replaced this provider.
- Lost1 fund
Transpose Platform Management, LLC moved a fund from this provider to Silicon Valley Bank, BMO HARRIS BANK, NA as custodian.
A client that left; the filing names who replaced this provider.
- Won1 fund
Highbury Park LLC moved a fund to this provider as custodian, from JPMorgan, CITIZENS BANK, NATIONAL ASSOCIATION.
A new client relationship, first shown on this filing.
- 3 / 3decisions won / lost
In the last 12 months advisers moved 3 funds to this provider (3 decisions) and 5 away (3 decisions).
One adviser moving many vehicles on one filing is counted as one decision.
DerivedForm ADV and Form D filings, consecutive filings compared
A fund is served when its adviser names this provider in the role on the fund’s latest Form ADV, or names it as a sales compensation recipient on a Form D. Gross assets are the adviser’s own figure on Form ADV; an implausible figure is left out rather than printed.
| Fund | Manager | Role | Vintage | Gross assets | Latest filing |
|---|---|---|---|---|---|
| Sequoia Capital Global Growth Fund III - Endurance Partners, L.P. | Sequoia Capital Operations, LLC | Custodian | 2018 | $15B | Form ADV Jul 17, 2026 reports.adviserinfo.sec.gov |
| The Founders Fund VI, LP | Founders Fund LLC | Custodian | 2016 | $7.4B | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
| Thrive Capital Partners X Growth, L.P. | Thrive Capital | Custodian | unknown | $7.4B | Form ADV Jul 6, 2026 reports.adviserinfo.sec.gov |
- Founders Fund LLC71 funds, $52B reported gross assets
- Thrive Capital49 funds, $42B reported gross assets
- Lightspeed Venture Partners62 funds, $33B reported gross assets
- Aug 17, 2026Lost Custodian: STIFEL BANK replaced this provider, Carta at Alpha Edison a, L.P. · Alpha Edison Management Company, LLCForm ADV, previous Mar 13, 2026 reports.adviserinfo.sec.gov
- Mar 31, 2026Lost Custodian: Silicon Valley Bank, BMO HARRIS BANK, NA replaced this provider at TI Platform Ssf Spv-B, L.P. · Transpose Platform Management, LLCForm ADV, previous Nov 28, 2025 reports.adviserinfo.sec.gov
- Mar 31, 2026Won Custodian: this provider replaced JPMorgan, CITIZENS BANK, NATIONAL ASSOCIATION at CH Investors Partners LLC · Highbury Park LLCForm ADV, previous Apr 24, 2025 reports.adviserinfo.sec.gov
A decision is one manager’s filing that names a different provider in the role with none carried over. An acquisition is shown as a succession and never counted as won or lost; two names of one firm family are neither.
Named as custodian on 3,146 venture funds, 6.4% of the venture funds with a custodian on record. Won 38 and lost 21 adviser decisions from 2024 to 2026: a net gain of 17.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Multi-stage venture firm | 1,248 | 104 |
| Institutional venture firm | 1,242 | 220 |
| Not classified | 187 | 35 |
| Private equity with venture activity | 143 | 31 |
| Micro VC | 141 | 52 |
| Corporate venture | 103 | 18 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 1,538 | 344 |
| $25M to $100M | 698 | 292 |
| $100M to $500M | 628 | 255 |
| $500M and over | 405 | 131 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 1,370 | 176 |
| New York | 390 | 60 |
| Massachusetts | 377 | 46 |
| Texas | 143 | 20 |
| Virginia | 63 | 5 |
| Connecticut | 53 | 5 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 3 (3) | 3 (5) | none |
| 2025 | 10 (13) | 5 (22) | 2 in, 0 out |
| 2024 | 25 (62) | 13 (24) | 10 in, 0 out |
| 2023 | 17 (33) | 11 (44) | 14 in, 0 out |
| 2022 | 9 (13) | 11 (17) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Institutional venture firm | 18 | 7 |
| Multi-stage venture firm | 10 | 7 |
| Corporate venture | 3 | 2 |
| Candidate | 2 | 2 |
| Micro VC | 2 | 1 |
| Private equity with venture activity | 1 | 2 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 9 | 7 |
| $25M to $100M | 11 | 3 |
| $100M to $500M | 13 | 9 |
| $500M and over | 5 | 2 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 13 | 15 |
| New York | 5 | 2 |
| Washington | 5 | 0 |
| Massachusetts | 3 | 1 |
| Florida | 2 | 0 |
| Texas | 1 | 1 |
Loses most often to
- JPMorgan7 decisions, 30 funds
- First Republic Bank6 decisions, 6 funds
- Carta4 decisions, 4 funds
Wins most often from
- Silicon Valley Bank11 decisions, 21 funds
- Western Alliance / Bridge Bank7 decisions, 19 funds
- First Republic Bank5 decisions, 6 funds
Decisions since 2023 for the breakdowns and the lists, five filing years for the table. One manager’s filing is one decision however many funds it moves. By acquisition (a succession, never counted as won or lost): 26 in (69 funds), 0 out (0 funds).
The managers to call are listed by name for a reader with the venture graph. See the custodian opportunity list
- First named
- Dec 7, 2011
- Latest filing
- Aug 31, 2026
- CRD
- 16139, 7691
- LEI
- 254900UJSGYIL5JU7B49, 549300PMHS66E71I2D34, 8NAV47T0Y26Q87Y0QP81, 9DJT3UXIJIZJI4WXO774, B4TYDEB6GKM2O031MB27, B4TYDEB6GKMZ0031MB27, B4TYDEB6GKMZO031MB27, EQYXK86SF381Q21S3020, GGDZP1UYGU9STUHRDP48
- SEC file number
- 8-114235, 8-33359, 8-651, 8-7221, 801-14235
Sources: SEC Form ADV Schedule D (Section 7.B.(1) items 23 to 28) and Form D sales compensation recipients, each row linked to its filing above.
Ask: Which venture funds switched custodian to or away from this provider in the last 12 months?
A provider can be followed from its named record.