This provider
The service provider's name, 91 additional funds served, 46 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
- Lost2 funds
Transformation Capital moved 2 funds from this provider to ULTIMUS LEVERPOINT MANAGEMENT, LLC as administrator.
A client that left; the filing names who replaced this provider.
- 0 / 1decisions won / lost
In the last 12 months advisers moved 0 funds to this provider (0 decisions) and 2 away (1 decision).
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 |
|---|---|---|---|---|---|
| Tiger Iron Redwood Fund, L.P. | Tiger Iron Capital, LLC | Administrator | 2022 | $569M | Form ADV May 7, 2026 reports.adviserinfo.sec.gov |
| Northpond Ventures III, LP | Northpond Ventures, LLC | Administrator | 2022 | $561M | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
| Tiger Iron Old Line Fund II, L.P. | Tiger Iron Capital, LLC | Administrator | 2020 | $482M | Form ADV May 7, 2026 reports.adviserinfo.sec.gov |
- Tiger Iron Capital, LLC14 funds, $4.1B reported gross assets
- Northpond Ventures, LLC4 funds, $1.5B reported gross assets
- M33 Growth LLC4 funds, $949M reported gross assets
- Oct 28, 2025Lost Administrator: ULTIMUS LEVERPOINT MANAGEMENT, LLC replaced this provider at Transformation Capital Fund II, L.P. and 1 more of the same manager’s funds · Transformation CapitalForm ADV, previous Feb 24, 2025 reports.adviserinfo.sec.gov
- Mar 19, 2025Lost Administrator: Standish Management replaced this provider at PVP Zi Spv 2, LLC and 1 more of the same manager’s funds · Primary VenturesForm ADV, previous Mar 26, 2024 reports.adviserinfo.sec.gov
- Mar 29, 2024Lost Administrator: Standish Management replaced this provider at Silversmith Capital Partners I-A LP and 2 more of the same manager’s funds · Silversmith Capital PartnersForm ADV, previous May 2, 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 administrator on 94 venture funds, 0.2% of the venture funds with an administrator on record. Won 0 and lost 10 adviser decisions from 2024 to 2026: a net loss of 10.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Institutional venture firm | 47 | 10 |
| Multi-stage venture firm | 22 | 4 |
| Micro VC | 11 | 4 |
| Seed fund manager | 6 | 2 |
| Growth investor | 4 | 1 |
| Corporate venture | 2 | 1 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 55 | 20 |
| $25M to $100M | 15 | 6 |
| $100M to $500M | 22 | 6 |
| $500M and over | 2 | 2 |
By manager state
| Funds | Managers | |
|---|---|---|
| Massachusetts | 48 | 8 |
| New York | 15 | 4 |
| California | 10 | 3 |
| Rhode Island | 5 | 1 |
| Maryland | 4 | 1 |
| New Hampshire | 4 | 1 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2025 | 0 (0) | 2 (4) | none |
| 2024 | 0 (0) | 8 (33) | none |
| 2023 | 0 (0) | 1 (9) | none |
| 2022 | 1 (2) | 8 (14) | none |
| 2021 | 0 (0) | 1 (1) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Institutional venture firm | 0 | 3 |
| Multi-stage venture firm | 0 | 3 |
| Seed fund manager | 0 | 2 |
| Growth investor | 0 | 1 |
| Not classified | 0 | 1 |
Fund size
| Won | Lost | |
|---|---|---|
| $25M to $100M | 0 | 2 |
| $100M to $500M | 0 | 4 |
| $500M and over | 0 | 4 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 0 | 4 |
| New York | 0 | 3 |
| Massachusetts | 0 | 1 |
| Virginia | 0 | 1 |
Loses most often to
- ULTIMUS LEVERPOINT PRIVATE FUND SOLUTIONS5 decisions, 17 funds
- Standish Management3 decisions, 15 funds
- GP FUND SOLUTIONS, LLC1 decision, 3 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. 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
- Feb 23, 2012
- Latest filing
- May 7, 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.