Providers

New venture funds, and who administers them

Every new fund is a decision for fund administrators and auditors. The Form D reaches the SEC about seven months before the fund shows up in any Form ADV — this is the list for that gap.

New funds, last 12 months

2,556

Not yet in Form ADV

2,124

From first-time managers

713

Provider already named

432

18 more filed in the last seven days are in the Morning seat email at 6am the day they file, with the firm’s administrator and auditor on file.

When a firm raises a new fund it keeps its administrator about 86% of the time, so the current administrator is shown where Form ADV names one. A first-time manager has none on file. Market share.

Not yet in Form ADV

Newest first, showing 500 of 2,124. “Not yet in Form ADV” means no Form ADV filed through August 2026 lists this fund — not that it has no administrator, and not that it is looking for one. Date is the first close from the SEC’s quarterly data, or the filing date for funds from our daily feed.

Recently decided

New funds from the same 12 months that already appear in a Form ADV, with the providers the adviser named. Newest filing first.