This provider
The service provider's name, 306 additional funds served, 42 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
- Won4 funds
Learn Capital moved 4 funds to this provider as custodian, from First Republic Bank.
A new client relationship, first shown on this filing.
- Won3 funds
Maple Vc Management LLC moved 3 funds to this provider as custodian, from Silicon Valley Bank, CITY NATIONAL BANK.
A new client relationship, first shown on this filing.
- Won1 fund
HPE Capital Management II, LLC moved a fund to this provider as custodian, from THE HUNTINGTON NATIONAL BANK.
A new client relationship, first shown on this filing.
- 7 / 0decisions won / lost
In the last 12 months advisers moved 21 funds to this provider (7 decisions) and 0 away (0 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 |
|---|---|---|---|---|---|
| Kairos Investors Fund II, LP.. | Kairos Managers, LLC | Custodian | 2019 | $1.4B | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
| Forerunner Partners IV, L.P. | Forerunner Ventures Management, LLC | Custodian | 2018 | $917M | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
| LGF Scale II, L.P. | Lgfm, LLC | Custodian | 2022 | $835M | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
- Forerunner Ventures Management, LLC15 funds, $3.7B reported gross assets
- Lgfm, LLC33 funds, $3.3B reported gross assets
- The Column Group11 funds, $2.9B reported gross assets
- Apr 1, 2026Won Custodian: this provider replaced First Republic Bank at Learn Capital Venture Partners II and 3 more of the same manager’s funds · Learn CapitalForm ADV, previous Mar 31, 2025 reports.adviserinfo.sec.gov
- Mar 30, 2026Won Custodian: this provider replaced Silicon Valley Bank, CITY NATIONAL BANK at Maple Spv-A LLC and 2 more of the same manager’s funds · Maple Vc Management LLCForm ADV, previous Dec 11, 2025 reports.adviserinfo.sec.gov
- Mar 30, 2026Won Custodian: this provider replaced THE HUNTINGTON NATIONAL BANK at Hauser Private Equity Core Fund III, LLC · HPE Capital Management II, LLCForm ADV, previous Mar 12, 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 309 venture funds, 0.6% of the venture funds with a custodian on record. Won 25 and lost 0 adviser decisions from 2024 to 2026: a net gain of 25.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Institutional venture firm | 166 | 39 |
| Multi-stage venture firm | 44 | 12 |
| Not classified | 26 | 3 |
| Seed fund manager | 17 | 5 |
| Venture studio | 16 | 1 |
| Micro VC | 14 | 13 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 159 | 47 |
| $25M to $100M | 81 | 50 |
| $100M to $500M | 60 | 31 |
| $500M and over | 9 | 4 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 177 | 38 |
| New York | 34 | 8 |
| Massachusetts | 19 | 5 |
| Texas | 9 | 5 |
| Colorado | 5 | 1 |
| Illinois | 4 | 3 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 7 (21) | 0 (0) | none |
| 2025 | 17 (52) | 0 (0) | 11 in, 0 out |
| 2024 | 1 (1) | 0 (0) | 1 in, 0 out |
| 2023 | 1 (2) | 0 (0) | 2 in, 0 out |
| 2022 | 0 (0) | 1 (5) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Institutional venture firm | 10 | 0 |
| Private equity with venture activity | 4 | 0 |
| Candidate | 3 | 0 |
| Multi-stage venture firm | 2 | 0 |
| Seed fund manager | 2 | 0 |
| Not classified | 2 | 0 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 7 | 0 |
| $25M to $100M | 8 | 0 |
| $100M to $500M | 9 | 0 |
| $500M and over | 1 | 0 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 13 | 0 |
| New York | 3 | 0 |
| South Carolina | 2 | 0 |
| Georgia | 1 | 0 |
| Ohio | 1 | 0 |
| Rhode Island | 1 | 0 |
Loses most often to
No adviser moved a fund from this provider in the last three years.
Wins most often from
- First Republic Bank16 decisions, 53 funds
- Silicon Valley Bank4 decisions, 9 funds
- JPMorgan2 decisions, 11 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): 14 in (46 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
- Mar 30, 2012
- Latest filing
- Aug 27, 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.