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Island Green closes $17M venture fund in Los Angeles
New fund · Venture capital · Closed · Offering $17M · Sold $17M · LOS ANGELES, CA · filed 2026-10-02
First filing by this entity
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Island Green closes $17M venture fund with 7 institutional investors
New fund · Venture capital · Closed · LOS ANGELES, CA · Form D filed 2026-10-02 · sponsor: Island Green Capital · all Island Green Ad I vehicles
Island Green AD-I LP, a Delaware venture capital fund, closed a $17M offering to 7 qualified purchasers on August 24, 2026. The fund is managed by Island Green Capital GP II LLC under Regulation D exemptions 3(c)(7) and 6(b).
3(c)(7) — qualified purchasersFirst filing by this entityVenture capital
How this compares
- $17M is larger than 81% of the 7,720 venture capital fund launches with a stated size in the last two years; the median is $1.1M.
- Among 1,632 fund launches filed from CA in the same window it is larger than 48%; the CA median is $19M.
- Across 443 venture capital sponsors with more than one launch on EDGAR, the median gap between consecutive funds is 3 months.
- No earlier fund launch by this sponsor appears on EDGAR.
Computed from every Form D fund launch on EDGAR since late 2024, not sampled. Amounts are the stated offering size; indefinite offerings are excluded.
Raise progress
| Filed | Form | Sold | Investors | Change |
|---|---|---|---|---|
| 2026-10-02 | D | $17M | 7 | |
| 2026-10-02 | D | $17M | 7 | $0 |
Amount sold and investor count as restated on each of the issuer's Form D filings. A rise since the previous filing is capital closed in between.
Island Green Capital on EDGAR
Earlier and related filings by the same issuer and sponsor. All Island Green Ad I vehicles →
Registered adviser
name matchISLAND GREEN CAPITAL MANAGEMENT LLC
- Registration
- SEC-registered adviser · since 2026-07-08
- Regulatory AUM
- $417M
- Employees
- 5
- Private funds on Form ADV
- Yes
Website and main-office phone from Form ADV. Subscribe to unlock
Incumbent service providers
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Other Form D filings by this adviser
9 other filings on EDGAR under this adviser, with size, strategy and date. Subscribe to unlock
People on the filing
| - Island Green Capital GP II LLC | Promoter |
| Ateet Ahluwalia | Executive Officer |
[email protected] · observed Work emails for the people on the filing, where the firm publishes or patterns them, labelled by confidence — subscribers
Signed by Ateet Ahluwalia, Managing Member of the General Partner.
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Filing contact
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