This provider
The service provider's name, 14 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.
Nothing material in the last 365 days.
Funds served
About this sectionA 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 |
|---|---|---|---|---|---|
| Parafi Private Opportunities LLC - Series B | Parafi Capital LP | Administrator | unknown | not reported | Form ADV Feb 3, 2023 sec.gov |
| Shima Capital LLC | Shima Capital Management LLC | Administrator | unknown | not reported | Form ADV Aug 29, 2022 sec.gov |
| Hypersphere Fund I Ltd. | Hypersphere Capital Management LP | Administrator | 2020 | not reported | Form ADV Mar 30, 2022 sec.gov |
Managers served
Change history
- Mar 30, 2024Lost Administrator: Formidium replaced this provider at Coral Ventures LP Series I and 1 more of the same manager’s funds · Coral Capital Management LLCForm ADV, previous Mar 15, 2023 sec.gov
- Mar 29, 2024Lost Administrator: Formidium replaced this provider at Dragonfly Ventures II, L.P. and 1 more of the same manager’s funds · Dragonfly Digital Management, LLCForm ADV, previous Jul 18, 2023 sec.gov
- Mar 31, 2023Lost Administrator: Formidium replaced this provider at Shima Capital a LLC and 2 more of the same manager’s funds · Shima Capital Management LLCForm ADV, previous Aug 29, 2022 sec.gov
Competitive position
About this sectionA 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 administrator on 3 venture funds, 0.0% of the venture funds with an administrator on record. Won 0 and lost 2 adviser decisions from 2024 to 2026: a net loss of 2.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Institutional venture firm | 1 | 1 |
| Private equity with venture activity | 1 | 1 |
| Multi-stage venture firm | 1 | 1 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 2 | 2 |
| $25M to $100M | 1 | 1 |
By manager state
| Funds | Managers | |
|---|---|---|
| Florida | 1 | 1 |
| New York | 1 | 1 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2024 | 0 (0) | 2 (4) | none |
| 2023 | 0 (0) | 11 (22) | none |
| 2022 | 2 (4) | 1 (1) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Private equity with venture activity | 0 | 2 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 0 | 1 |
| $500M and over | 0 | 1 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 0 | 1 |
Loses most often to
- Formidium2 decisions, 4 funds
Wins most often from
No adviser moved a fund to this provider in the last three years.
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. No change to or from this provider is recorded as an acquisition.
Who to call
The managers to call are listed by name for a reader with the venture graph. See the administrator opportunity list
Filing evidence
- First named
- Mar 31, 2021
- Latest filing
- Feb 3, 2023
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 and follow
Ask: Which venture funds switched administrator to or away from this provider in the last 12 months?
A provider can be followed from its named record.