This provider
The service provider's name, 10 additional funds served
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.
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 |
|---|---|---|---|---|---|
| Brightwood Capital SBIC III, LP | Brightwood Capital Advisors, LLC | Administrator | 2021 | $335M | Form ADV Jun 26, 2026 reports.adviserinfo.sec.gov |
| Angeleno Investors III, L.P. | Angeleno Group, LLC | Administrator | 2009 | $265M | Form ADV Mar 28, 2026 reports.adviserinfo.sec.gov |
| Angeleno Investors IV, LLC | Angeleno Group, LLC | Administrator | 2021 | $186M | Form ADV Mar 28, 2026 reports.adviserinfo.sec.gov |
- Angeleno Group, LLC5 funds, $471M reported gross assets
- Brightwood Capital Advisors, LLC4 funds, $438M reported gross assets
- Lasalle Capital Management, LLC2 funds, $119M reported gross assets
- Mar 29, 2024Won Administrator: this provider replaced Standish Management at Brightwood Capital SBIC III, LP · Brightwood Capital Advisors, LLCForm ADV, previous Nov 15, 2023 sec.gov
- Mar 29, 2024Won Administrator: this provider replaced PEF SERVICES LLC at Brightwood Capital SBIC I, LP and 1 more of the same manager’s funds · Brightwood Capital Advisors, LLCForm ADV, previous Nov 15, 2023 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 administrator on 13 venture funds, 0.0% of the venture funds with an administrator on record. Won 2 and lost 0 adviser decisions from 2024 to 2026: a net gain of 2.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Government-backed venture investor | 5 | 1 |
| Not classified | 5 | 2 |
| Institutional venture firm | 3 | 2 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 5 | 3 |
| $25M to $100M | 4 | 3 |
| $100M to $500M | 4 | 3 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 5 | 1 |
| Illinois | 2 | 1 |
| New York | 1 | 1 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2024 | 2 (3) | 0 (0) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Not classified | 2 | 0 |
Fund size
| Won | Lost | |
|---|---|---|
| $25M to $100M | 1 | 0 |
| $100M to $500M | 1 | 0 |
Loses most often to
No adviser moved a fund from this provider in the last three years.
Wins most often from
- PEF SERVICES LLC1 decision, 2 funds
- Standish Management1 decision, 1 fund
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.
The managers to call are listed by name for a reader with the venture graph. See the administrator opportunity list
- First named
- Mar 31, 2023
- Latest filing
- Jun 26, 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 administrator to or away from this provider in the last 12 months?
A provider can be followed from its named record.