Firms raising for the first time

How to read this. One fundraising cycle on file and nothing before it. Every one of these firms is managing outside capital for the first time, as far as the public record shows. A first fund whose named partners already appear on an older firm's filings, or whose name extends an established firm's, is left off — those are new vehicles, not new managers.

A firm that raised before under a different name, or whose earlier funds were never filed with the SEC, would appear here wrongly. Tell us and we will correct it.