This provider
The service provider's name, 95 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.
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 |
|---|---|---|---|---|---|
| Bain Capital Venture Fund 2022, L.P. | Bain Capital Ventures, LP | Custodian | 2022 | $1.9B | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
| Bain Capital Venture Fund 2016. L.P. | Bain Capital Ventures, LP | Custodian | 2016 | $1.5B | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
| Bain Capital Venture Fund 2019, L.P. | Bain Capital Ventures, LP | Custodian | 2019 | $1.2B | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
- Bain Capital Ventures, LP21 funds, $8.0B reported gross assets
- BIP Capital51 funds, $296M reported gross assets
- BIP Capital Management Services, LLC10 funds, $161M reported gross assets
- Mar 31, 2025Won Custodian: this provider replaced MILLENNIUM TRUST COMPANY at Rethink Impact Ellevest B LLC and 2 more of the same manager’s funds · Rethink Capital Partners, LLCForm ADV, previous Mar 29, 2024 reports.adviserinfo.sec.gov
- Mar 24, 2025Won Custodian: this provider replaced MILLENNIUM TRUST COMPANY at Scenic Private Access Fund I, LP · Scenic Management LLCForm ADV, previous Mar 29, 2024 reports.adviserinfo.sec.gov
- Mar 29, 2024Won Custodian: this provider, SOUTHSTATE BANK replaced MILLENNIUM TRUST COMPANY, SIGNATURE BANK at Panoramic Annex Fund 4-Qp, LP and 5 more of the same manager’s funds · BIP CapitalForm ADV, previous Jul 21, 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 custodian on 98 venture funds, 0.2% of the venture funds with a custodian on record. Won 9 and lost 0 adviser decisions from 2024 to 2026: a net gain of 9.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Institutional venture firm | 51 | 1 |
| Multi-stage venture firm | 31 | 2 |
| Micro VC | 7 | 1 |
| Not classified | 4 | 3 |
| Private equity with venture activity | 4 | 2 |
| Corporate venture | 1 | 1 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 66 | 7 |
| $25M to $100M | 15 | 5 |
| $100M to $500M | 10 | 3 |
| $500M and over | 7 | 1 |
By manager state
| Funds | Managers | |
|---|---|---|
| Georgia | 61 | 2 |
| Massachusetts | 21 | 1 |
| California | 8 | 2 |
| New York | 3 | 1 |
| North Carolina | 1 | 1 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2025 | 2 (4) | 0 (0) | none |
| 2024 | 7 (46) | 0 (0) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Multi-stage venture firm | 3 | 0 |
| Institutional venture firm | 2 | 0 |
| Not classified | 2 | 0 |
| Corporate venture | 1 | 0 |
| Private equity with venture activity | 1 | 0 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 2 | 0 |
| $25M to $100M | 3 | 0 |
| $100M to $500M | 3 | 0 |
| $500M and over | 1 | 0 |
Manager state
| Won | Lost | |
|---|---|---|
| Georgia | 3 | 0 |
| Massachusetts | 2 | 0 |
| California | 1 | 0 |
| New York | 1 | 0 |
Loses most often to
No adviser moved a fund from this provider in the last three years.
Wins most often from
- MILLENNIUM TRUST COMPANY8 decisions, 49 funds
- Silicon Valley Bank2 decisions, 4 funds
- SIGNATURE BANK1 decision, 6 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
- Mar 26, 2024
- Latest filing
- Jul 30, 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.