This provider
The service provider's name, 9 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.
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 |
|---|---|---|---|---|---|
| Varana Capital Focused, LP | Varana Capital, LLC | Administrator | 2015 | $153M | Form ADV Mar 25, 2026 reports.adviserinfo.sec.gov |
| Innovative Development Funds LLC | Innovative Private Wealth Management Inc. | Administrator | unknown | $59.7M | Form ADV Jul 31, 2026 reports.adviserinfo.sec.gov |
| Innovative Development Funds LLC Infra II Series | Innovative Private Wealth Management Inc. | Administrator | 2025 | $29.1M | Form ADV Jul 31, 2026 reports.adviserinfo.sec.gov |
- Varana Capital, LLC1 fund, $153M reported gross assets
- Innovative Private Wealth Management Inc.8 funds, $119M reported gross assets
- Alternative Capital Advisers, LLC1 fund, $18.4M reported gross assets
- Apr 1, 2025Won Administrator: this provider replaced PARTNERSADMIN, LLC at Varana Capital Focused, LP · Varana Capital, LLCForm ADV, previous Mar 11, 2024 reports.adviserinfo.sec.gov
- Mar 31, 2023Won Administrator: this provider replaced Assure at Provenio Spv - Divvy Homes, a Series of Provenio Capital Management Master, LLC · Provenio CapitalForm ADV, previous Aug 16, 2022 sec.gov
- Jun 1, 2022Lost Administrator: HC GLOBAL FUND SERVICES, LLC replaced this provider at Relay Investments Ii-A, LP and 2 more of the same manager’s funds · Relay Investments Management, LLCForm ADV, previous Mar 15, 2022 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 12 venture funds, 0.0% of the venture funds with an administrator on record. Won 1 and lost 0 adviser decisions from 2024 to 2026: a net gain of 1.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Not a venture organization | 8 | 1 |
| Candidate | 2 | 1 |
| Multi-stage venture firm | 1 | 1 |
| Private equity with venture activity | 1 | 1 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 9 | 3 |
| $25M to $100M | 2 | 1 |
| $100M to $500M | 1 | 1 |
By manager state
| Funds | Managers | |
|---|---|---|
| New York | 9 | 2 |
| California | 2 | 1 |
| Colorado | 1 | 1 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2025 | 1 (1) | 0 (0) | none |
| 2023 | 1 (1) | 0 (0) | none |
| 2022 | 0 (0) | 2 (5) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Multi-stage venture firm | 1 | 0 |
Fund size
| Won | Lost | |
|---|---|---|
| $100M to $500M | 1 | 0 |
Manager state
| Won | Lost | |
|---|---|---|
| Colorado | 1 | 0 |
Loses most often to
No adviser moved a fund from this provider in the last three years.
Wins most often from
- PARTNERSADMIN, LLC1 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 7, 2019
- Latest filing
- Jul 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: 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.