This provider
The service provider's name, 10 additional funds served
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- Lost1 fund
South Park Commons Management moved a fund from this provider to CHOICE FINANCIAL GROUP as custodian.
A client that left; the filing names who replaced this provider.
- 0 / 1decisions won / lost
In the last 12 months advisers moved 0 funds to this provider (0 decisions) and 1 away (1 decision).
One adviser moving many vehicles on one filing is counted as one decision.
DerivedForm ADV and Form D filings, consecutive filings compared
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 |
|---|---|---|---|---|---|
| South Park Commons Fund I, LP | South Park Commons Management | Custodian | 2018 | $310M | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
| South Park Commons Fund III, L.P. | South Park Commons Management | Custodian | 2023 | $280M | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
| South Park Commons Opportunities Fund II, L.P. | South Park Commons Management | Custodian | unknown | $203M | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
Managers served
- South Park Commons Management7 funds, $1.2B reported gross assets
- Wonder Fund Management LLC1 fund, $10.6M reported gross assets
- Quadrance Capital Partners, LLC1 fund, $8.2M reported gross assets
Change history
- Mar 30, 2026Lost Custodian: CHOICE FINANCIAL GROUP replaced First Citizens Bank, this provider at Ff3 Dao, LLC · South Park Commons ManagementForm ADV, previous Mar 5, 2025 reports.adviserinfo.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 custodian on 13 venture funds, 0.0% of the venture funds with a custodian on record. Won 0 and lost 1 adviser decisions from 2024 to 2026: a net loss of 1.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Multi-stage venture firm | 7 | 1 |
| Micro VC | 5 | 2 |
| Institutional venture firm | 1 | 1 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 7 | 4 |
| $25M to $100M | 1 | 1 |
| $100M to $500M | 5 | 1 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 7 | 1 |
| Florida | 1 | 1 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 0 (0) | 1 (1) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Multi-stage venture firm | 0 | 1 |
Fund size
| Won | Lost | |
|---|---|---|
| $25M to $100M | 0 | 1 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 0 | 1 |
Loses most often to
- CHOICE FINANCIAL GROUP1 decision, 1 fund
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 custodian opportunity list
Filing evidence
- First named
- Jan 2, 2025
- Latest filing
- Apr 1, 2026
- LEI
- 254900NRUGL0OCAYH953
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 custodian to or away from this provider in the last 12 months?
A provider can be followed from its named record.