This provider
The service provider's name, 428 additional funds served, 62 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
- Lost1 fund
N.L.C. LLC moved a fund from this provider to COASTAL COMMUNITY BANK, TRUIST BANK as custodian.
A client that left; the filing names who replaced this provider.
- Won1 fund
Christopher & Co., LLC moved a fund to this provider as custodian, from BENCHMARK BANK.
A new client relationship, first shown on this filing.
- Lost1 fund
ION Pacific, Inc. moved a fund from this provider to QUINTET PRIVATE BANK as custodian.
A client that left; the filing names who replaced this provider.
- 4 / 2decisions won / lost
In the last 12 months advisers moved 12 funds to this provider (4 decisions) 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 |
|---|---|---|---|---|---|
| Icpf-Iv | IDG Capital Fund Management Ltd. | Custodian | 2021 | $3.2B | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
| Iccf3m | IDG Capital Fund Management Ltd. | Custodian | 2023 | $2.0B | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
| Icg6m | IDG Capital Fund Management Ltd. | Custodian | 2020 | $1.6B | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
- IDG Capital Fund Management Ltd.17 funds, $12B reported gross assets
- Canaan Partners31 funds, $4.6B reported gross assets
- IDG Vc Management Ltd.14 funds, $2.9B reported gross assets
- Jun 29, 2026Lost Custodian: COASTAL COMMUNITY BANK, TRUIST BANK replaced this provider at Strategic Growth Ventures, LLC · N.L.C. LLCForm ADV, previous May 15, 2026 reports.adviserinfo.sec.gov
- Mar 31, 2026Won Custodian: this provider replaced BENCHMARK BANK at Asto Consumer Partners Fund LP · Christopher & Co., LLCForm ADV, previous Jul 3, 2025 reports.adviserinfo.sec.gov
- Mar 31, 2026Lost Custodian: QUINTET PRIVATE BANK replaced this provider, EAST WEST BANK at ION Pacific Stonecutter III (luxembourg) Scsp · ION Pacific, Inc.Form 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 431 venture funds, 0.9% of the venture funds with a custodian on record. Won 24 and lost 4 adviser decisions from 2024 to 2026: a net gain of 20.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Institutional venture firm | 243 | 36 |
| Multi-stage venture firm | 80 | 7 |
| Not classified | 60 | 6 |
| University-affiliated venture | 22 | 1 |
| Private equity with venture activity | 8 | 3 |
| Seed fund manager | 8 | 2 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 225 | 41 |
| $25M to $100M | 95 | 40 |
| $100M to $500M | 86 | 33 |
| $500M and over | 25 | 7 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 72 | 8 |
| Virginia | 57 | 3 |
| Connecticut | 32 | 2 |
| New York | 32 | 4 |
| Massachusetts | 30 | 9 |
| Georgia | 22 | 4 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 4 (12) | 2 (2) | 1 in, 0 out |
| 2025 | 12 (27) | 2 (2) | 18 in, 0 out |
| 2024 | 8 (10) | 0 (0) | 17 in, 0 out |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Institutional venture firm | 14 | 0 |
| Multi-stage venture firm | 3 | 3 |
| Not classified | 4 | 1 |
| Private equity with venture activity | 2 | 0 |
| Growth investor | 1 | 0 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 5 | 2 |
| $25M to $100M | 9 | 1 |
| $100M to $500M | 10 | 1 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 4 | 3 |
| Georgia | 4 | 0 |
| Massachusetts | 3 | 0 |
| Texas | 2 | 0 |
| District of Columbia | 1 | 0 |
| North Carolina | 1 | 0 |
Loses most often to
- PACIFIC WESTERN BANK2 decisions, 2 funds
- QUINTET PRIVATE BANK1 decision, 1 fund
- Silicon Valley Bank1 decision, 1 fund
Wins most often from
- PACIFIC WESTERN BANK12 decisions, 26 funds
- First Republic Bank7 decisions, 22 funds
- Silicon Valley Bank4 decisions, 4 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): 36 in (153 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 19, 2024
- Latest filing
- Aug 21, 2026
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.