Form D · Venture Capital Fund

WESTLY CAPITAL PARTNERS FUND LP

Menlo Park, CA · CIK 0001438486

Offering snapshot reported Sep 30, 2009 · SEC filing

Reported sold: $92.2M
Investors reported: 46
Minimum accepted: $100K
First sale: May 29, 2008

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

Reported sold$79,200,000 → $92,150,000

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Sep 30, 2009	Amendment	$92,150,000	$12,950,000vs May 18, 2009	46	SEC filing
May 18, 2009	Amendment	$79,200,000	No comparison	Not reported	SEC filing
Jun 23, 2008	Paper	Not reported	No comparison	Not reported	SEC filing

Offering details

Securities: Not reported
Exemptions: 06, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-119579

Source: Form D, filed Sep 30, 2009. 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

WESTLY CAPITAL PARTNERS FUND, L.P.

Investment adviser: WESTLY CAPITAL MANAGEMENT, LLC

Gross asset value: $0
Beneficial owners: 43
ADV minimum commitment: $100K

Reported in Form ADV on Mar 24, 2025. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor FRANK, RIMERMAN & CO, LLP PALO ALTO, California, United States

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK, New York, United States Related to adviser: No

Custodian SVB FINANCIAL GROUP MENLO PARK, California, United States Related to adviser: No

Provider details

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

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

Filing source

Form ADV 1951228 · Mar 24, 2025 · Schedule D 7.B.(1), fund 805-9358536534

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

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
WESTLY CAPITAL PARTNERS FUND LP (this fund)	Sep 30, 2009	$92,150,000	46
Westly Capital Partners Fund II, L.P.	Dec 30, 2010	Yet to sell	0
Westly Capital Partners Fund III, L.P.	Aug 23, 2016	Yet to sell	0
Westly Capital Partners Fund IV, L.P.	Jan 14, 2022	$297,000,000	50
Westly Capital Partners Fund V, L.P.	May 21, 2026	Yet to sell	0

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
Michael Dorsey	Executive
Steve Westly	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

2200 Sand Hill Road Suite 250
Menlo Park, CA, 94025