Shine Capital
Shine Capital last closed a fund in March 2025 — 20 months ago. By its own rhythm, that is inside the window where it usually raises again.
Shine Capital has raised 3 times about every 27 months. The last was Shine Capital III, L.P. That points to Jun 2027 — it is inside its window now.
Historically about 1 in 4 firms in this position filed within a year. The month is approximate — how often this is right.
Mid-cycle This firm is far enough into its last fund to be investing, and too early to be raising again.
Still filing with the SEC: August 2026. 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
- 7
- Single-deal SPVs
- 2
- Capital raised
- $618M+
- Latest close
- March 2025
- Based in
- NY
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Shine Capital III, L.P. | March 2025 | $200M | 0002051983 ↗ |
| Shine Capital Opportunities Advisor Fund I, L.P. | May 2022 | not stated | 0001928773 ↗ |
| Shine Capital Advisor Fund II, L.P. | May 2022 | not stated | 0001928775 ↗ |
| Shine Capital Opportunities Fund I, L.P. | February 2022 | $100M | 0001905317 ↗ |
| Shine Capital II, L.P. | February 2022 | $200M | 0001905316 ↗ |
| Shine Capital Advisor Fund I, L.P. | September 2020 | $18M | 0001822005 ↗ |
| Shine Capital I, L.P. | September 2020 | $100M | 0001821958 ↗ |
| Shine Capital SPV A-2, L.P. | August 2026 | $1M | 0002147990 ↗ |
| Shine Capital SPV A-1, L.P. | July 2026 | $25M | 0002143704 ↗ |
2 of these filed no amount (an “Indefinite” offering), so the total above is a floor.
Dated from filing date; no date of first sale was reported.
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
Mo Koyfman, Josh Mohrer, Moshe Koyfman
What Shine Capital invests in
- Typical fund
- $100M median, early stage, Series A-B scale
- Website
- shine.vc
Service providers
- Fund administrator
- Aduro (6 funds)
- Auditor
- BDO (5 funds)
From Form ADV filed by SHINE CAPITAL, LLC CRD 311659 ↗, latest filing March 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.