This provider
The service provider's name, 69 additional funds served, 1 provider change
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
- Won6 funds
Greenfield Cities III LLC moved 6 funds to this provider as administrator, from BDO.
A new client relationship, first shown on this filing.
- 2 / 0decisions won / lost
In the last 12 months advisers moved 17 funds to this provider (2 decisions) and 0 away (0 decisions).
One adviser moving many vehicles on one filing is counted as one decision.
DerivedForm ADV and Form D filings, consecutive filings compared - Won11 funds
Greenfield Cities LLC moved 11 funds to this provider as administrator, from BDO.
A new client relationship, first shown on this filing.
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 |
|---|---|---|---|---|---|
| Greenfield Partners Fund I, L.P. | Greenfield Cities LLC | Administrator | 2019 | $1.3B | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
| Greenfield Partners Fund III, L.P. | Greenfield Cities III LLC | Administrator | 2023 | $354M | Form ADV Apr 6, 2026 reports.adviserinfo.sec.gov |
| Key1 Capital LP | KEY 1 Capital Management Ltd | Administrator | unknown | $303M | Form ADV Mar 24, 2026 reports.adviserinfo.sec.gov |
Managers served
- Greenfield Cities LLC11 funds, $1.8B reported gross assets
- Greenfield Cities III LLC8 funds, $385M reported gross assets
- S Capital Vc Management Ltd.6 funds, $350M reported gross assets
Change history
- Mar 31, 2026Won Administrator: this provider replaced BDO at Greenfield Partners Cobra Investments, L.P. and 10 more of the same manager’s funds · Greenfield Cities LLCForm ADV, previous Mar 31, 2025 reports.adviserinfo.sec.gov
- Mar 31, 2026Won Administrator: this provider replaced BDO at Greenfield Partners Tauro Investments, LP and 5 more of the same manager’s funds · Greenfield Cities III LLCForm ADV, previous Mar 31, 2025 reports.adviserinfo.sec.gov
- Mar 20, 2025Lost Administrator: FAI ADVISORY SERVICES (2008) LTD. replaced this provider at FXP Fund 1, LP · FXP Ventures, LLCForm ADV, previous Mar 28, 2024 reports.adviserinfo.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 administrator on 72 venture funds, 0.1% of the venture funds with an administrator on record. Won 2 and lost 2 adviser decisions from 2024 to 2026: even.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Institutional venture firm | 37 | 7 |
| Multi-stage venture firm | 29 | 6 |
| Seed fund manager | 3 | 2 |
| Micro VC | 2 | 1 |
| Not classified | 1 | 0 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 45 | 13 |
| $25M to $100M | 13 | 8 |
| $100M to $500M | 13 | 12 |
| $500M and over | 1 | 1 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 2 (17) | 0 (0) | none |
| 2025 | 0 (0) | 1 (1) | none |
| 2024 | 0 (0) | 1 (1) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Institutional venture firm | 1 | 2 |
| Multi-stage venture firm | 1 | 0 |
Fund size
| Won | Lost | |
|---|---|---|
| $25M to $100M | 0 | 2 |
| $100M to $500M | 1 | 0 |
| $500M and over | 1 | 0 |
Manager state
| Won | Lost | |
|---|---|---|
| Massachusetts | 0 | 1 |
Loses most often to
- FAI ADVISORY SERVICES (2008) LTD.1 decision, 1 fund
- Carta1 decision, 1 fund
Wins most often from
- BDO2 decisions, 17 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.
Who to call
The managers to call are listed by name for a reader with the venture graph. See the administrator opportunity list
Filing evidence
- First named
- Jan 16, 2019
- Latest filing
- Apr 6, 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 administrator to or away from this provider in the last 12 months?
A provider can be followed from its named record.