Form D · Venture Capital Fund

HCM VI, L.P.

San Francisco, CA · CIK 0001997270

Offering snapshot reported Jan 21, 2025 · SEC filing

Reported sold: $419M
Investors reported: 30
Minimum accepted: $0
First sale: Jan 19, 2024

What changed?

Latest filing versus its linked predecessor, where available.

Reported investors0 → 30

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jan 21, 2025	Amendment	$419,090,909	No comparison	30	SEC filing
Jan 17, 2024	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Equity, Pooled investment fund
Exemptions: 06b, 3C, 3C.1, 3C.7
Duration over one year: No
Business combination: No

Sales commissions: $61.4K (estimated)
Finders' fees: $0
Form D file number: 021-502735

The Total Amount Sold includes commitments of the General Partner and its affiliates.

Any such fees are only to be paid upon the sale of interests to certain investors (based upon a fee schedule). Such amounts have not yet been finalized.

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
MORGAN STANLEY	149777
CONNAUGHT (U.S.) LLC	300401
ELOWEN CAPITAL PARTNERS LIMITED	None

Source: Form D, filed Jan 21, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

HCM VI, L.P.

Investment adviser: HUMAN CAPITAL INVESTMENT MANAGEMENT LLC

Gross asset value: $460M
Beneficial owners: 64
ADV minimum commitment: $0

Reported in Form ADV on Aug 13, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator ALTER DOMUS LUXEMBOURG S.A R.L. LUXEMBOURG, Luxembourg Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP SAN FRANCISCO, California, United States

Custodian BANK OF CALIFORNIA LOS ANGELES, California, United States Related to adviser: No

Custodian MORGAN STANLEY SMITH BARNEY LLC NEW YORK, New York, United States Related to adviser: No

Prime broker MORGAN STANLEY NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

DELOITTE & TOUCHE LLP
PCAOB 34

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191 · LEI 7PDDXEMZ0ZV0CEDU4D16

MORGAN STANLEY
CRD 149777 · SEC 8-68191

Filing source

Form ADV 2106085 · Aug 13, 2026 · Schedule D 7.B.(1), fund 805-2966123822

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

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
Armaan Ali	Executive, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

340 Pine Street, Suite 100
San Francisco, CA, 94104