Next Play Capital I, L.P.
Venture Capital FundFund ID 805-8632063587Delaware, United States
Gross assets
$51.2M
Min. investment
$250K
Beneficial owners
89
Size rank
Top 55%
Audited
Yes
Structure
Standalone
About this fund
Next Play Capital I, L.P. is a venture capital fund managed by Next Legacy Management, LLC. The fund reports $51.2 million in gross assets, placing it among the top 55% of private funds by size. The stated minimum investment is $250,000. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-8632063587 |
| Fund type | Venture Capital Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | No |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | Yes |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Legacy Venture VIII, LLC | Venture Capital | $541.1M |
| Legacy Venture VII, LLC | Venture Capital | $528.6M |
| Legacy Venture XI, LLC | Venture Capital | $500.4M |
See all 45 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Next Play Capital I, L.P.?
Next Play Capital I, L.P. reports $51.2 million in gross assets, among the top 55% of private funds by size.
What is the minimum investment for Next Play Capital I, L.P.?
The stated minimum investment is $250,000.
Who manages Next Play Capital I, L.P.?
Next Play Capital I, L.P. is managed by Next Legacy Management, LLC.
Does Next Play Capital I, L.P. disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
N
Portola Valley, CA
Service providers
Prime broker
None reported
Custodian
Administrator
Auditor
Reported gross assets
$51.2M▼ 4%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 55%
Larger than 45% of 67,041 private funds
Gross assets vs Venture Capital FundsTop 32%
Larger than 68% of 5,217 venture capital funds
Minimum investmentTop 56%
Higher than 44% of funds reporting a minimum
Investor base
Adviser & related persons4%
Funds of funds%
Non-U.S. persons1%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.