Merus Capital
Merus Capital last closed a fund in July 2018 — 100 months ago. By its own rhythm, that is so far past its usual gap that the pattern may no longer hold.
Merus Capital has raised 4 times about every 43 months. The last was MERUS CAPITAL IV, L.P. It is now past twice its usual gap — quiet, not due. No month is claimed.
Historically about 1 in 14 quiet firms 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
- 6
- Capital raised
- $81M+
- Latest close
- July 2018
- Based in
- CA
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| MERUS CAPITAL IV, L.P. | July 2018 | not stated | 0001734928 ↗ |
| MERUS CAPITAL III, L.P. | December 2015 | $45M | 0001661308 ↗ |
| MERUS CAPITAL II, L.P. | May 2012 | not stated | 0001519913 ↗ |
| MERUS CAPITAL I LP | May 2008 | $36M | 0001436460 ↗ |
| MERUS CAPITAL II EXPANSION FUND, L.P. | — | not stated | 0001646402 ↗ |
| MERUS CAPITAL EXPANSION FUND III, L.P. | — | not stated | 0001696074 ↗ |
4 of these filed no amount (an “Indefinite” offering), so the total above is a floor.
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
Peter Hsing, Salman Ullah, Sean Dempsey
What Merus Capital invests in
- Typical fund
- $45M median, seed to early stage
- Website
- meruscap.com
Service providers
- Fund administrator
- Aduro (6 funds)
- Auditor
- BDO (6 funds)
From Form ADV filed by MERUS CAPITAL MANAGEMENT COMPANY, LLC CRD 163037 ↗, latest filing April 2026, covering 6 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.