This provider
The service provider's name, 46 additional funds served, 11 provider changes
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- Lost1 fund
West Brow Capital Management, LLC moved a fund from this provider to NAV FUND SERVICES 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 1 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 |
|---|---|---|---|---|---|
| Strategy Capital Institutional Investors, L.P. | Strategy Capital LLC | Administrator | 2019 | $791M | Form ADV Mar 2, 2026 reports.adviserinfo.sec.gov |
| Strategy Capital Investors, L.P. | Strategy Capital LLC | Administrator | 2013 | $575M | Form ADV Mar 2, 2026 reports.adviserinfo.sec.gov |
| Dellora Investments Master Fund LP | Dellora Investments LP | Administrator | 2020 | $111M | Form ADV Mar 26, 2026 reports.adviserinfo.sec.gov |
- Strategy Capital LLC4 funds, $1.4B reported gross assets
- NEW Form Capital LLC3 funds, $175M reported gross assets
- Goahead Mage Company, L.L.C.4 funds, $114M reported gross assets
- Mar 17, 2026Lost Administrator: NAV FUND SERVICES replaced this provider at West Brow Capital, L.P. · West Brow Capital Management, LLCForm ADV, previous May 8, 2025 reports.adviserinfo.sec.gov
- Mar 31, 2025Lost Administrator: NAV CONSULTING, INC. replaced this provider at ATW Fund I, L.P. and 1 more of the same manager’s funds · ATW Partners LLCForm ADV, previous Dec 12, 2024 reports.adviserinfo.sec.gov
- Mar 27, 2025Won Administrator: this provider replaced NAV CONSULTING, INC. at NEW Form Capital II, L.P. and 2 more of the same manager’s funds · NEW Form Capital LLCForm ADV, previous Mar 26, 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 administrator on 49 venture funds, 0.1% of the venture funds with an administrator on record. Won 1 and lost 2 adviser decisions from 2024 to 2026: a net loss of 1.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Institutional venture firm | 13 | 4 |
| Growth investor | 12 | 1 |
| Micro VC | 10 | 6 |
| Candidate | 5 | 3 |
| Private equity with venture activity | 4 | 1 |
| Seed fund manager | 4 | 1 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 33 | 14 |
| $25M to $100M | 11 | 7 |
| $100M to $500M | 3 | 2 |
| $500M and over | 2 | 1 |
By manager state
| Funds | Managers | |
|---|---|---|
| New York | 25 | 6 |
| California | 14 | 4 |
| Connecticut | 3 | 2 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 0 (0) | 1 (1) | none |
| 2025 | 1 (3) | 1 (2) | none |
| 2022 | 0 (0) | 3 (22) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Candidate | 0 | 1 |
| Institutional venture firm | 1 | 0 |
| Micro VC | 0 | 1 |
Fund size
| Won | Lost | |
|---|---|---|
| $25M to $100M | 0 | 2 |
| $100M to $500M | 1 | 0 |
Manager state
| Won | Lost | |
|---|---|---|
| New York | 1 | 1 |
| Tennessee | 0 | 1 |
Loses most often to
- NAV CONSULTING, INC.1 decision, 2 funds
- NAV FUND SERVICES1 decision, 1 fund
Wins most often from
- NAV CONSULTING, INC.1 decision, 3 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 administrator opportunity list
- First named
- Mar 28, 2013
- Latest filing
- Jul 14, 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.