vcspine

Cendana Investments

Cendana Investments last closed a fund in March 2021 — 68 months ago. By its own rhythm, that is already past its usual gap.

Next fund
Nov 2024
past due
last close~44 mo88 mo

Cendana Investments has raised 3 times about every 44 months. The last was Cendana Investments III, LP. That pointed to Nov 2024. It is 24 months past its own gap and has not filed a new fund.

Historically about 1 in 4 firms in this position filed within a year. The month is approximate — how often this is right.

No recent fund  This firm has filed no new fund in over five years, so it either stopped raising or raises in a way Form D never sees.

Still filing with the SEC: November 2023. That is an amendment to an existing offering, not a new fund - which is what an evergreen structure looks like in this data.

Funds on file
6
Capital raised
$205M
Latest close
March 2021
Based in
CA

Vehicles on file

VehicleFirst closeAmount Filings
Cendana Investments III, LPMarch 2021$30M0001846413 ↗
Cendana International II, L.P.March 2021$68M0001832584 ↗
Cendana Kendall, LPJanuary 2017$10M0001688635 ↗
Cendana Investments II, LPJanuary 2017$32M offered0001678985 ↗
Cendana Investments, LPNovember 2013$25M offered0001591984 ↗
Cendana International, L.P.—$40M offered0001729687 ↗

Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.

Named on filings

Michael Kim

What Cendana Investments invests in

Typical fund
$32M median, seed to early stage
Median of this firm’s filed fund sizes on Form D.
Website
cendanacapital.com
As filed by the adviser on Form ADV, March 2026.

Service providers

Fund administrator
Standish (3 funds)
Auditor
Deloitte (3 funds)

From Form ADV filed by CENDANA CAPITAL MANAGEMENT, LLC CRD 165555 ↗, latest filing March 2026, covering 3 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.

What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.

What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.

“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.