This provider
The service provider's name, 16 additional funds served, 3 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 |
|---|---|---|---|---|---|
| Velvet Sea Venture Capital Fund II LP | Velvet Sea Ventures | Custodian | 2021 | $110M | Form ADV Apr 9, 2026 reports.adviserinfo.sec.gov |
| Velvet Sea Venture Capital Fund LP | Velvet Sea Ventures | Custodian | 2020 | $88.3M | Form ADV Apr 9, 2026 reports.adviserinfo.sec.gov |
| Blackthorn Capital Opportunities Fund LP | Victory Square Management, LLC | Custodian | 2020 | $42.9M | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
Managers served
- Velvet Sea Ventures8 funds, $199M reported gross assets
- Victory Square Management, LLC5 funds, $78.1M reported gross assets
- Access Venture Partners3 funds, $43.5M reported gross assets
Change history
- Mar 31, 2025Lost Custodian: TD BANK replaced this provider at Algramo Clv Spv LLC and 1 more of the same manager’s funds · Closed Loop Partners, LLCForm ADV, previous Feb 26, 2025 reports.adviserinfo.sec.gov
- Apr 2, 2024Lost Custodian: Silicon Valley Bank replaced this provider at Xbto Humla Bl2 LLC and 2 more of the same manager’s funds · Humla Ventures LLCForm ADV, previous Nov 9, 2023 sec.gov
- Mar 27, 2024Succession Custodian: BANK OF AMERICA, this provider replaced SIGNATURE BANK at Tiger Iron Sjpf, LP and 2 more of the same manager’s funds · Tiger Iron Capital, LLCForm ADV, previous Jun 2, 2023 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 custodian on 19 venture funds, 0.0% of the venture funds with a custodian on record. Won 0 and lost 2 adviser decisions from 2024 to 2026: a net loss of 2.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Institutional venture firm | 12 | 3 |
| Multi-stage venture firm | 5 | 1 |
| Private equity with venture activity | 1 | 1 |
| Not classified | 1 | 1 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 14 | 5 |
| $25M to $100M | 4 | 4 |
| $100M to $500M | 1 | 1 |
By manager state
| Funds | Managers | |
|---|---|---|
| Florida | 8 | 1 |
| New York | 6 | 2 |
| Colorado | 3 | 1 |
| California | 1 | 1 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2025 | 0 (0) | 1 (2) | none |
| 2024 | 0 (0) | 1 (3) | 2 in, 0 out |
| 2023 | 0 (0) | 0 (0) | 2 in, 0 out |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Institutional venture firm | 0 | 1 |
| Private equity with venture activity | 0 | 1 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 0 | 2 |
Manager state
| Won | Lost | |
|---|---|---|
| New York | 0 | 2 |
Loses most often to
- Silicon Valley Bank1 decision, 3 funds
- TD BANK1 decision, 2 funds
Wins most often from
No adviser moved a fund to this provider in the last three years.
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): 4 in (9 funds), 0 out (0 funds).
Who to call
The managers to call are listed by name for a reader with the venture graph. See the custodian opportunity list
Filing evidence
- First named
- Mar 31, 2023
- Latest filing
- Apr 9, 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 custodian to or away from this provider in the last 12 months?
A provider can be followed from its named record.