This provider
The service provider's name, 407 additional funds served, 42 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
- Won1 fund
Western Technology Investment (wti) moved a fund to this provider as custodian, from U.S. Bank.
A new client relationship, first shown on this filing.
- Lost1 fund
Accel Management Co. Inc. moved a fund from this provider to JPMorgan as custodian.
A client that left; the filing names who replaced this provider.
- Lost1 fund
Hatteras Capital Investment Management, LLC moved a fund from this provider to U.S. Bank as custodian.
A client that left; the filing names who replaced this provider.
- 1 / 2decisions won / lost
In the last 12 months advisers moved 1 fund to this provider (1 decision) and 2 away (2 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 |
|---|---|---|---|---|---|
| Accel Leaders 4 L.P. | Accel Management Co. Inc. | Custodian | unknown | $5.2B | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
| GCP 098 | Greenoaks Capital | Custodian | 2023 | $2.9B | Form ADV Aug 13, 2026 reports.adviserinfo.sec.gov |
| GCP 113 | Greenoaks Capital | Custodian | unknown | $2.7B | Form ADV Aug 13, 2026 reports.adviserinfo.sec.gov |
- Accel Management Co. Inc.56 funds, $25B reported gross assets
- Accel Partners Management, LLP16 funds, $6.4B reported gross assets
- Greenoaks Capital3 funds, $5.6B reported gross assets
- Mar 30, 2026Won Custodian: this provider replaced U.S. Bank at WTI Equity Opportunity Fund I, L.P. · Western Technology Investment (wti)Form ADV, previous Mar 25, 2025 reports.adviserinfo.sec.gov
- Mar 30, 2026Lost Custodian: JPMorgan replaced this provider at Accel Xvi L.P. · Accel Management Co. Inc.Form ADV, previous Oct 15, 2025 reports.adviserinfo.sec.gov
- Mar 30, 2026Lost Custodian: U.S. Bank replaced this provider at Hatteras Gpep Fund, L.P. · Hatteras Capital Investment Management, LLCForm ADV, previous Mar 28, 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 406 venture funds, 0.8% of the venture funds with a custodian on record. Won 7 and lost 3 adviser decisions from 2024 to 2026: a net gain of 4.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Multi-stage venture firm | 108 | 11 |
| Institutional venture firm | 107 | 32 |
| Not classified | 88 | 20 |
| Micro VC | 45 | 19 |
| Private equity with venture activity | 29 | 9 |
| Corporate venture | 11 | 4 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 194 | 77 |
| $25M to $100M | 85 | 36 |
| $100M to $500M | 84 | 28 |
| $500M and over | 47 | 14 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 124 | 22 |
| New York | 54 | 19 |
| Massachusetts | 26 | 6 |
| Texas | 15 | 7 |
| Illinois | 14 | 3 |
| New Hampshire | 7 | 1 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 1 (1) | 2 (2) | none |
| 2025 | 4 (12) | 0 (0) | 1 in, 0 out |
| 2024 | 2 (2) | 1 (1) | 5 in, 0 out |
| 2023 | 1 (3) | 1 (3) | none |
| 2022 | 4 (6) | 3 (11) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Micro VC | 2 | 1 |
| Not classified | 3 | 0 |
| Multi-stage venture firm | 1 | 1 |
| Corporate venture | 1 | 0 |
| Institutional venture firm | 0 | 1 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 1 | 1 |
| $25M to $100M | 1 | 0 |
| $100M to $500M | 5 | 1 |
| $500M and over | 0 | 1 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 1 | 2 |
| North Carolina | 1 | 1 |
| Texas | 1 | 0 |
Loses most often to
- JPMorgan1 decision, 1 fund
- U.S. Bank1 decision, 1 fund
- Wells Fargo1 decision, 1 fund
Wins most often from
- First Republic Bank3 decisions, 11 funds
- PACIFIC WESTERN BANK2 decisions, 9 funds
- Citi2 decisions, 5 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): 6 in (14 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
- Feb 15, 2012
- Latest filing
- Aug 28, 2026
- CRD
- 17454, 36671, 7560
- LEI
- 549300KP56LL8NKKFL47, 8HWWA59ZS6Z54QLX6S15, HPFHU0OQ28E4N0NFVK49, WFLLPEPC7FZXENRZV188, ZI8Q1A8EI8LQFJNM0D94
- SEC file number
- 8-13801, 8-17574, 8-35255, 8-47425, 8-51710
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.