This provider
The service provider's name, 498 additional funds served, 57 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
- Won5 funds
Align Ventures moved 5 funds to this provider as custodian, from JPMorgan.
A new client relationship, first shown on this filing.
- Won2 funds
Align Ventures moved 2 funds to this provider as custodian, from Silicon Valley Bank.
A new client relationship, first shown on this filing.
- Lost2 funds
Boardman Bay Capital Management LLC moved 2 funds from this provider to CLEAR STREET LLC as prime broker.
A client that left; the filing names who replaced this provider.
- 2 / 3decisions won / lost
In the last 12 months advisers moved 7 funds to this provider (2 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 |
|---|---|---|---|---|---|
| PSG VI L.P. | PSG Equity L.L.C. | Custodian | 2023 | $2.6B | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
| FTV VI, L.P. | FTV Capital | Custodian | 2020 | $1.8B | Form ADV Jan 2, 2026 reports.adviserinfo.sec.gov |
| Kairos Investors Fund II, LP.. | Kairos Managers, LLC | Custodian | 2019 | $1.4B | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
- Foundry Group, LLC15 funds, $3.5B reported gross assets
- PSG Equity L.L.C.1 fund, $2.6B reported gross assets
- Pegasus Tech Ventures, Inc.43 funds, $2.0B reported gross assets
- Mar 31, 2026Won Custodian: this provider replaced JPMorgan at Align Ventures Special Opportunity Spv I, LLC Series N-6 and 4 more of the same manager’s funds · Align VenturesForm ADV, previous Jun 30, 2025 reports.adviserinfo.sec.gov
- Mar 31, 2026Won Custodian: this provider replaced Silicon Valley Bank at Align Ventures Special Opportunity Spv I, LLC Series N-1 and 1 more of the same manager’s funds · Align VenturesForm ADV, previous Jun 30, 2025 reports.adviserinfo.sec.gov
- Mar 31, 2026Lost Prime broker: CLEAR STREET LLC replaced this provider at Boardman Bay Optical Opportunities, LP and 1 more of the same manager’s funds · Boardman Bay Capital Management LLCForm ADV, previous Mar 31, 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 489 venture funds, 1.0% of the venture funds with a custodian on record. Won 12 and lost 9 adviser decisions from 2024 to 2026: a net gain of 3.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Institutional venture firm | 183 | 33 |
| Syndicate platform | 81 | 1 |
| Micro VC | 60 | 16 |
| Not classified | 54 | 17 |
| Candidate | 31 | 17 |
| Multi-stage venture firm | 31 | 10 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 336 | 76 |
| $25M to $100M | 89 | 46 |
| $100M to $500M | 57 | 32 |
| $500M and over | 19 | 13 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 217 | 33 |
| Florida | 44 | 3 |
| New York | 33 | 8 |
| Colorado | 23 | 3 |
| New Jersey | 18 | 2 |
| Texas | 11 | 4 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 2 (7) | 5 (7) | none |
| 2025 | 3 (3) | 1 (1) | none |
| 2024 | 7 (20) | 3 (3) | 1 in, 0 out |
| 2023 | 3 (3) | 5 (8) | none |
| 2022 | 2 (2) | 5 (5) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Institutional venture firm | 7 | 3 |
| Not classified | 4 | 1 |
| Candidate | 1 | 1 |
| Multi-stage venture firm | 0 | 2 |
| Private equity with venture activity | 1 | 1 |
| Corporate venture | 0 | 1 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 5 | 4 |
| $25M to $100M | 5 | 4 |
| $100M to $500M | 3 | 1 |
Manager state
| Won | Lost | |
|---|---|---|
| New York | 1 | 3 |
| California | 3 | 0 |
| Florida | 2 | 0 |
| Missouri | 0 | 2 |
| Utah | 1 | 1 |
| Georgia | 1 | 0 |
Loses most often to
- BANC OF CALIFORNIA2 decisions, 2 funds
- CLEAR STREET LLC1 decision, 2 funds
- JPMorgan1 decision, 2 funds
Wins most often from
- Silicon Valley Bank3 decisions, 14 funds
- Western Alliance / Bridge Bank2 decisions, 5 funds
- JPMorgan1 decision, 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): 1 in (3 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 2, 2012
- Latest filing
- Aug 31, 2026
- CRD
- 126292, 133068, 19616, 7665
- LEI
- 88KRVSOEKUGQZJ3DKW55, KB1H1DSPRFMYMCUFXT09
- SEC file number
- 8-22947, 8-37180, 8-65876, 8-66677, 801-37967
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.