This provider
The service provider's name, 384 additional funds served, 60 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
- Lost2 funds
Factory Hq moved 2 funds from this provider to Silicon Valley Bank as custodian.
A client that left; the filing names who replaced this provider.
- Lost1 fund
LC Management (international) Limited moved a fund from this provider to CICC SECURITIES, CHINA as custodian.
A client that left; the filing names who replaced this provider.
- Lost2 funds
Altera Private Access, LLC moved 2 funds from this provider to Silicon Valley Bank as custodian.
A client that left; the filing names who replaced this provider.
- 0 / 4decisions won / lost
In the last 12 months advisers moved 0 funds to this provider (0 decisions) and 6 away (4 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 |
| NEW Enterprise Associates 14, L.P. | NEW Enterprise Associates | Custodian | 2012 | $7.8B | Form ADV Aug 26, 2026 reports.adviserinfo.sec.gov |
| NEW Enterprise Associates 18, L.P. | NEW Enterprise Associates | Custodian | 2021 | $5.8B | Form ADV Aug 26, 2026 reports.adviserinfo.sec.gov |
- NEW Enterprise Associates12 funds, $33B reported gross assets
- Sequoia Capital Operations, LLC8 funds, $16B reported gross assets
- Impresa Management LLC40 funds, $15B reported gross assets
- Mar 30, 2026Lost Custodian: Silicon Valley Bank replaced this provider at Factory Hq Fund I, LP and 1 more of the same manager’s funds · Factory HqForm ADV, previous Mar 28, 2025 reports.adviserinfo.sec.gov
- Mar 27, 2026Lost Custodian: CICC SECURITIES, CHINA replaced this provider at LC Healthcare Fund II, L.P. · LC Management (international) LimitedForm ADV, previous Mar 31, 2025 reports.adviserinfo.sec.gov
- Mar 26, 2026Lost Custodian: Silicon Valley Bank replaced this provider at Altera Blockchain Fund LLC and 1 more of the same manager’s funds · Altera Private Access, LLCForm ADV, previous Jan 16, 2026 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 367 venture funds, 0.7% of the venture funds with a custodian on record. Won 9 and lost 10 adviser decisions from 2024 to 2026: a net loss of 1.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Multi-stage venture firm | 171 | 26 |
| Institutional venture firm | 73 | 25 |
| Not classified | 69 | 19 |
| Micro VC | 34 | 16 |
| Private equity with venture activity | 13 | 7 |
| Candidate | 12 | 7 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 177 | 62 |
| $25M to $100M | 77 | 40 |
| $100M to $500M | 79 | 37 |
| $500M and over | 54 | 21 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 83 | 23 |
| New York | 65 | 21 |
| Massachusetts | 43 | 3 |
| Texas | 12 | 3 |
| Connecticut | 8 | 2 |
| District of Columbia | 6 | 3 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 0 (0) | 4 (6) | 1 in, 0 out |
| 2025 | 3 (3) | 5 (8) | none |
| 2024 | 6 (9) | 1 (1) | 1 in, 0 out |
| 2023 | 1 (1) | 2 (3) | 1 in, 0 out |
| 2022 | 2 (2) | 4 (4) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Institutional venture firm | 3 | 1 |
| Not classified | 1 | 3 |
| Multi-stage venture firm | 2 | 1 |
| Private equity with venture activity | 1 | 2 |
| Candidate | 1 | 1 |
| Corporate venture | 0 | 2 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 2 | 4 |
| $25M to $100M | 4 | 1 |
| $100M to $500M | 3 | 5 |
Manager state
| Won | Lost | |
|---|---|---|
| New York | 3 | 2 |
| Georgia | 1 | 2 |
| California | 1 | 1 |
| Florida | 0 | 1 |
Loses most often to
- CITIZENS PRIVATE BANK3 decisions, 6 funds
- JPMorgan3 decisions, 3 funds
- BNY2 decisions, 5 funds
Wins most often from
- First Citizens Bank2 decisions, 2 funds
- Carta1 decision, 2 funds
- First Republic Bank1 decision, 2 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): 3 in (8 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
- Jan 3, 2012
- Latest filing
- Aug 26, 2026
- CRD
- 153777, 7059
- LEI
- 6SHGI4ZSSLCXXQSBB395, E57ODZWZ7FF32TWEFA76
- SEC file number
- 8-69789, 8-8177, 801-3387
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.