Investment adviser · CRD 316351

PRACTICAL VC INVESTMENT ADVISOR, LLC

Exempt reporting adviser (ERA)

Exempt reporting advisers use a shorter Form ADV report. Some adviser-level figures are not reported; fund disclosures appear below when available.

· Form ADV filed Mar 6, 2026

Adviser-level assets, account counts and staffing figures are unavailable in this filing. View the reported fund disclosures below →

Private funds & service providers

12 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

PVC SECONDARY FUND 2, LPPrivate Equity Fund · Last reported Mar 6, 2026$71.7MGross asset value
Fund administrator CARTA SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Custodian CARTA SECURITIES, LLC SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

CARTA SECURITIES, LLC
SEC 8-69701

Fund details & source
Fund ID
805-3339426614
Reported beneficial owners
99
Minimum commitment
$50K

Form ADV 2064771 · Mar 6, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PVC SECONDARY FUND 3, LPPrivate Equity Fund · Last reported Mar 6, 2026$13.4MGross asset value
Fund administrator CARTA SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Custodian CARTA SECURITIES, LLC SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

CARTA SECURITIES, LLC
SEC 8-69701

Fund details & source
Fund ID
805-6810678813
Reported beneficial owners
30
Minimum commitment
$50K

Form ADV 2064771 · Mar 6, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PRACTICAL VC - FLASH 2A, LP/CALIFORNIAPrivate Equity Fund · Last reported Mar 6, 2026$11.6MGross asset value
Fund administrator CARTA SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Custodian CARTA SECURITIES, LLC SALT LAKE CITY, Utah, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

CARTA SECURITIES, LLC
SEC 8-69701

Fund details & source
Fund ID
805-9926149645
Reported beneficial owners
53
Minimum commitment
$15K

Form ADV 2064771 · Mar 6, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PRACTICAL VC - FLASH 1A, LPPrivate Equity Fund · Last reported Mar 6, 2026$9.52MGross asset value
Fund administrator CARTA SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Custodian CARTA SECURITIES, LLC SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

CARTA SECURITIES, LLC
SEC 8-69701

Fund details & source
Fund ID
805-8184991212
Reported beneficial owners
29
Minimum commitment
$25K

Form ADV 2064771 · Mar 6, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PRACTICAL VC - QUAKEMASTER 1B, LPPrivate Equity Fund · Last reported Mar 6, 2026$5.1MGross asset value
Fund administrator CARTA SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Custodian CARTA SECURITIES, LLC SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

CARTA SECURITIES, LLC
SEC 8-69701

Fund details & source
Fund ID
805-1780015647
Reported beneficial owners
16
Minimum commitment
$50K

Form ADV 2064771 · Mar 6, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PRACTICAL VC - FLASH 1C, LPPrivate Equity Fund · Last reported Mar 6, 2026$4.47MGross asset value
Fund administrator CARTA SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Custodian CARTA SECURITIES, LLC SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

CARTA SECURITIES, LLC
SEC 8-69701

Fund details & source
Fund ID
805-5583116797
Reported beneficial owners
32
Minimum commitment
$15K

Form ADV 2064771 · Mar 6, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PRACTICAL VC - CAPTAIN UNIVERSE 1A, LPPrivate Equity Fund · Last reported Mar 6, 2026$1.85MGross asset value
Fund administrator CARTA SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Custodian CARTA SECURITIES, LLC SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

CARTA SECURITIES, LLC
SEC 8-69701

Fund details & source
Fund ID
805-3562203313
Reported beneficial owners
6
Minimum commitment
$50K

Form ADV 2064771 · Mar 6, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 6, 2026. View historical filings

Reported services

Not reported in these imported fields

Compensation

Not reported in these imported fields

Principal office

CRD 316351

Filing source

Form ADV 2064771 · Mar 6, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.