HLM Venture Partners
HLM Venture Partners last closed a fund in September 2021 — 62 months ago.
HLM Venture Partners has raised 3 times about every 58 months. The last was HLM Venture Partners V, L.P. That pointed to Mar 2024. It is 32 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.
- Funds on file
- 4
- Capital raised
- $705M
- Latest close
- September 2021
- Based in
- MA
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| HLM Strategic Investment Fund, L.P. | September 2021 | $230M | 0001878015 ↗ |
| HLM Venture Partners V, L.P. | May 2019 | $125M | 0001776206 ↗ |
| HLM Venture Partners IV, L.P. | January 2015 | $150M | 0001627463 ↗ |
| HLM Venture Partners III, L.P. | August 2009 | $200M | 0001464816 ↗ |
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
Edward Cahill, Peter Grua, Martin Felsenthal, Vincent Fabiani, Russell Ray, Steven Tolle
What HLM Venture Partners invests in
- Typical fund
- $200M median, early stage, Series A-B scale
- Website
- hlminvestmentpartners.com
Service providers
- Fund administrator
- Standish (4 funds)
- Auditor
- KPMG (4 funds)
From Form ADV filed by HLM MANAGEMENT CO., LLC CRD 162337 ↗, latest filing March 2026, covering 4 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.