This provider
The service provider's name, 8 additional funds served, 5 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.
Nothing material in the last 365 days.
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 |
|---|---|---|---|---|---|
| Plymouth Growth Partners V, (qp) L.P. | Plymouth Growth | Administrator | 2022 | $90.6M | Form ADV Mar 26, 2026 reports.adviserinfo.sec.gov |
| M25 Fund III, L.P. | M25 | Administrator | 2019 | $57.9M | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
| Plymouth Growth Partners V, L.P | Plymouth Growth | Administrator | 2021 | $39.0M | Form ADV Mar 26, 2026 reports.adviserinfo.sec.gov |
Managers served
- Plymouth Growth2 funds, $130M reported gross assets
- M256 funds, $121M reported gross assets
- Lightview Capital, LLC1 fund
Change history
- Mar 30, 2026Succession Administrator: OCORIAN replaced this provider at Nvng Direct Fund I, L.P. and 1 more of the same manager’s funds · Nvng Investment Advisors, LLCForm ADV, previous Mar 31, 2025 reports.adviserinfo.sec.gov
- Mar 24, 2026Succession Administrator: OCORIAN replaced this provider at Lightview Capital Acquisition, LP · Lightview Capital, LLCForm ADV, previous Mar 20, 2025 reports.adviserinfo.sec.gov
- Feb 23, 2026Succession Administrator: OCORIAN SERVICES (US) LLC replaced this provider at Thurston Fund II, LP and 3 more of the same manager’s funds · Thurston AdvisorsForm ADV, previous May 21, 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 administrator on 11 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 | |
|---|---|---|
| Multi-stage venture firm | 6 | 1 |
| Not classified | 3 | 3 |
| Growth investor | 2 | 1 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 6 | 4 |
| $25M to $100M | 5 | 2 |
By manager state
| Funds | Managers | |
|---|---|---|
| Illinois | 6 | 1 |
| Michigan | 2 | 1 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 0 (0) | 0 (0) | 0 in, 3 out |
| 2025 | 0 (0) | 0 (0) | 0 in, 1 out |
| 2024 | 2 (6) | 0 (0) | none |
| 2023 | 2 (5) | 0 (0) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Institutional venture firm | 1 | 0 |
| Multi-stage venture firm | 1 | 0 |
Fund size
| Won | Lost | |
|---|---|---|
| $25M to $100M | 1 | 0 |
| $100M to $500M | 1 | 0 |
Manager state
| Won | Lost | |
|---|---|---|
| Illinois | 1 | 0 |
| Wisconsin | 1 | 0 |
Loses most often to
No adviser moved a fund from this provider in the last three years.
Wins most often from
- STERN CASSELLO & ASSOCIATES1 decision, 5 funds
- Carta1 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. By acquisition (a succession, never counted as won or lost): 0 in (0 funds), 4 out (13 funds).
Who to call
The managers to call are listed by name for a reader with the venture graph. See the administrator opportunity list
Filing evidence
- First named
- Mar 31, 2021
- Latest filing
- Mar 31, 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 and follow
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.