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AnalysisDeals & PEthe-ledger

Benchmark files four Form Ds totaling $364M for Founders' Fund vehicles

The Oct. 9 filings list no capital sold to date across the four venture vehicles.

Benchmark filed four Form Ds with the SEC on Oct. 9 covering venture capital vehicles with $364.0 million in combined offering capacity, and none reported capital sold to date.

VehicleOfferingSold to date
Benchmark Partners Founders' Fund T1, L.P.$220.0M$0
Benchmark Partners Founders' Fund 2, L.P.$132.0M$0
Benchmark Partners Founders' Fund T1-A, L.P.$7.5M$0
Benchmark Partners Founders' Fund 2-A, L.P.$4.5M$0
Total$364.0M$0

All four filings name the same related persons: Jack Altman, Peter Fenton, An-Yen Hu and Chetan Puttagunta. A Form D reports capital sold as of the filing date, so the $0 entries can reflect registrations filed ahead of first sales rather than a failed raise.

Reported by the Deals & PE desk from SEC EDGAR — Benchmark Partners Founders' Fund T1, L.P. Form D, SEC EDGAR — Benchmark Partners Founders' Fund 2, L.P. Form D, SEC EDGAR — Benchmark Partners Founders' Fund T1-A, L.P. Form D, SEC EDGAR — Benchmark Partners Founders' Fund 2-A, L.P. Form D, SEC EDGAR — Belay Real Estate Ventures Fund IV, LLC Form D and SEC EDGAR — Avatar Capital II LP Form D. Published . Corrections

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