This provider
The service provider's name, 142 additional funds served, 6 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
- Won1 fund
TCP Exploration Fund II 2024, LP moved a fund to this provider as custodian, from MIDLAND TRUST COMPANY.
A new client relationship, first shown on this filing.
- Won1 fund
TCP Ai 2024, LP moved a fund to this provider as custodian, from MIDLAND TRUST COMPANY.
A new client relationship, first shown on this filing.
- Won1 fund
TCP Figure, LP moved a fund to this provider as custodian, from MIDLAND TRUST COMPANY.
A new client relationship, first shown on this filing.
- 5 / 0decisions won / lost
In the last 12 months advisers moved 21 funds to this provider (5 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 |
|---|---|---|---|---|---|
| Troy Capital Partners Exploration Fund 2024, LP | Quid Capital Group Holdings, LLC | Custodian | 2024 | $2.9B | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
| TCP Exploration Fund 2025, LP | not resolved | Custodian | 2025 | $532M | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
| TCP Exploration Fund 2021, LP | Quid Capital Group Holdings, LLC | Custodian | 2021 | $410M | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
- Quid Capital Group Holdings, LLC24 funds, $6.0B reported gross assets
- Volt Investment Holdings LLC27 funds, $1.0B reported gross assets
- K Fund Capital Management, LLC7 funds, $363M reported gross assets
- Mar 31, 2026Won Custodian: this provider replaced MIDLAND TRUST COMPANY at TCP Exploration Fund II 2024, LPForm ADV, previous May 15, 2025 reports.adviserinfo.sec.gov
- Mar 31, 2026Won Custodian: this provider replaced MIDLAND TRUST COMPANY at TCP Ai 2024, LPForm ADV, previous May 15, 2025 reports.adviserinfo.sec.gov
- Mar 31, 2026Won Custodian: this provider replaced MIDLAND TRUST COMPANY at TCP Figure, LPForm ADV, previous May 15, 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 145 venture funds, 0.3% of the venture funds with a custodian on record. Won 8 and lost 0 adviser decisions from 2024 to 2026: a net gain of 8.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Institutional venture firm | 64 | 5 |
| Not classified | 41 | 3 |
| Corporate venture | 27 | 1 |
| Candidate | 8 | 3 |
| Private equity with venture activity | 3 | 1 |
| Micro VC | 2 | 2 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 94 | 14 |
| $25M to $100M | 30 | 8 |
| $100M to $500M | 19 | 3 |
| $500M and over | 2 | 1 |
By manager state
| Funds | Managers | |
|---|---|---|
| New York | 64 | 4 |
| California | 31 | 2 |
| Illinois | 4 | 2 |
| Florida | 2 | 1 |
| Minnesota | 1 | 1 |
| Texas | 1 | 1 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 5 (21) | 0 (0) | none |
| 2025 | 2 (35) | 0 (0) | none |
| 2024 | 1 (1) | 0 (0) | none |
| 2023 | 0 (0) | 1 (1) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Not classified | 4 | 0 |
| Institutional venture firm | 2 | 0 |
| Corporate venture | 1 | 0 |
| Micro VC | 1 | 0 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 3 | 0 |
| $25M to $100M | 2 | 0 |
| $100M to $500M | 3 | 0 |
Manager state
| Won | Lost | |
|---|---|---|
| New York | 3 | 0 |
| Minnesota | 1 | 0 |
Loses most often to
No adviser moved a fund from this provider in the last three years.
Wins most often from
- MIDLAND TRUST COMPANY8 decisions, 57 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. 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 custodian opportunity list
- First named
- Aug 7, 2019
- Latest filing
- Aug 3, 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.