Vista Foundation Fund V, L.P.: Form D filings, private equity fund, Rule 506(b), Section 3(c)(1), Section 3(c)(7) (2024 to 2026)

Q: What is Vista Foundation Fund V, L.P.?

Vista Foundation Fund V, L.P. is a Delaware limited partnership that filed a Form D with the SEC on November 8, 2024 as a private equity fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7) for an offering of equity and pooled investment fund interests.

Q: Is Vista Foundation Fund V, L.P. legit?

AltStreet does not rate legitimacy; it reports the public record. Vista Foundation Fund V, L.P. filed a Form D with the SEC on November 8, 2024 claiming Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7). A Form D is a notice of an exempt offering, not a review or approval of it. No sales had been reported as of that notice. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Q: Is Vista Foundation Fund V, L.P. registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Vista Foundation Fund V, L.P. claimed Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

Q: How much has Vista Foundation Fund V, L.P. raised?

Vista Foundation Fund V, L.P. reported that the first sale had not yet occurred as of the Form D filed November 8, 2024, so no amount sold or investor count is on file. The total offering amount is listed as indefinite.

Q: Who can invest in Vista Foundation Fund V, L.P.?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing checks both Section 3(c)(1), which caps the fund at 100 beneficial owners, and Section 3(c)(7), which requires every investor to be a qualified purchaser, generally an individual with at least $5 million in investments. A fund normally relies on one or the other. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated.

Q: What is the minimum investment in Vista Foundation Fund V, L.P.?

The Form D lists the minimum investment as $0, which means the issuer did not state a minimum on the form. The offering documents, not the Form D, set the actual subscription terms.

Q: Who is selling Vista Foundation Fund V, L.P. and how are they paid?

The Form D names Allen, Allen & Partners Pty Ltd, associated with None; Neuberger Berman East Asia Limited (CRD 154286), associated with None; CAIS Capital, LLC (CRD 154512), associated with None; Bjarni Karl Gudlaugsson, associated with None and 7 others as recipients of sales compensation. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.

Q: Who is behind Vista Foundation Fund V, L.P.?

The Form D lists 7 related persons: Robert F. Smith, executive officer; F. VFF V GP, LLC, promoter; F. Vista Foundation Fund V GP, L.P., promoter; Gwen F. Reinke, executive officer; F. Vista Equity Partners Management, LLC, promoter; David F. Breach, executive officer; Lauren F. Dillard, executive officer. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Q: Where is Vista Foundation Fund V, L.P. located?

The issuer's address on its SEC filings is 4 Embarcadero Center, 20th Floor, San Francisco, CA 94111. Its phone number of record is 415-765-6500. It is organized under the laws of Delaware.

Q: How long is the Vista Foundation Fund V, L.P. offering open?

The issuer indicated that the offering is intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.

AltStreetEDGAR DatabaseVista Foundation Fund V, L.P.
SEC filing record
Primary Source · SEC.gov
Vista Foundation Fund V, L.P.Fund Vehicle2024 vintageRule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7)Filing record
Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.
Latest signalNew Form D filerForm D · 2024-11-08Last filing 2024-11-08
Raised
Pre-open
Investors
—
Min Invest
None stated
Is this your company or fund? Claim this page free, or verify it and carry the Verified Issuer mark.
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What this filing shows·Every sentence is a value as filed on SEC Form D
Vista Foundation Fund V, L.P. is a Delaware limited partnership that filed a Form D with the SEC on November 8, 2024, describing itself as a private equity fund. The offering claims Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7) and covers equity and pooled investment fund interests. Vista Foundation Fund V, L.P. reported that the first sale had not yet occurred as of the Form D filed November 8, 2024, so no amount sold or investor count is on file. The total offering amount is listed as indefinite. The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing checks both Section 3(c)(1), which caps the fund at 100 beneficial owners, and Section 3(c)(7), which requires every investor to be a qualified purchaser, generally an individual with at least $5 million in investments. A fund normally relies on one or the other. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated. The Form D names Allen, Allen & Partners Pty Ltd, associated with None; Neuberger Berman East Asia Limited (CRD 154286), associated with None; CAIS Capital, LLC (CRD 154512), associated with None; Bjarni Karl Gudlaugsson, associated with None and 7 others as recipients of sales compensation. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates. The issuer's address of record is 4 Embarcadero Center, 20th Floor, San Francisco, CA 94111.
EDGAR Filing Data
Form D — Primary Source
View on SEC.gov 
CIK Number0001978596
Entity NameVista Foundation Fund V, L.P.
ExemptionRule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising. Section 3(c) of the Investment Company Act of 1940: the issuer is a pooled investment vehicle relying on an exclusion from registration as an investment company. Section 3(c)(1) of the Investment Company Act: the fund is excluded from investment-company registration because it has no more than 100 beneficial owners. Section 3(c)(7) of the Investment Company Act: the fund is excluded from investment-company registration because every investor is a qualified purchaser, generally an individual with at least $5 million in investments or an institution with at least $25 million.
Entity TypeLimited Partnership
Jurisdiction of OrganizationDelaware
Issuer Address4 Embarcadero Center, 20th Floor, San Francisco, CA 94111
Phone(415) 765-6500
Industry / Fund TypePooled Investment Fund · Private Equity Fund
Investment Company ActExcluded under Section 3(c)(1) (100 beneficial owners or fewer) and Section 3(c)(7) (qualified purchasers only) (both boxes checked on the filing)
Securities TypeEquity, Pooled investment fund interests
First Sale DateNot yet occurred (as filed)
Filing DateNovember 8, 2024
Accession Number0001978596-24-000001
Total Offering AmountIndefinite
Total Amount Sold$0 (no sales yet)
Total Investors0 (no sales yet)
Non-Accredited InvestorsNone
Minimum Investment$0 (no stated minimum)
Offering DurationIntended to last more than one year
Sales Commissions$0 (to Allen, Allen & Partners Pty Ltd and 10 others)
Finders' Fees$0
Revenue RangeDecline to Disclose
State (Issuer Address)CA
Amendment CountOriginal filing only
Filings on Record
Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.
DNovember 8, 20240001978596-24-000001
In the Terminal
Filing events
1
latest Nov 8, 2024
Critical / warning
0 / 0
0 watch · 1 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
pre_sale
Latest event New filer · Nov 8, 2024
SEC.gov
Open in the terminal Watch this issuerInvestor $149/mo unlocks the values; Pro $349/mo adds the universe.
Fund family Part of the Vista Foundation Fund family: 6 vehicles across 3 generations · adviser of record Vista Equity Partners Management, LLC · full family and the filing behind each link in the terminal
Investor
The full fund family and any related vehicles (parallel, feeder, successor, sibling series) with the filing that shows each link
1 filing event with values and deltas, latest 2024-11-08, and alerts on the next one
1 offering timeline: velocity, share raised, first-sale lag, stalled flags
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Adviser of Record (Form ADV)
Vista Equity Partners Management, LLCCRD 156973 · SEC-registered adviser · lists this fund on Schedule D 7.B.(1) as a private equity fund
Auditor named on Form ADV: Deloitte & Touche LLP · PCAOB-registered per the adviser
From the adviser's Form ADV as loaded from the SEC bulk data, joined on this issuer's Form D file number. Fund-level figures and the adviser's full fund roster are in the terminal.
Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Robert F. Smith
Executive Officer · San Francisco, CA
F. VFF V GP, LLC
Promoter · San Francisco, CA
F. Vista Foundation Fund V GP, L.P.
Promoter · San Francisco, CA
Gwen F. Reinke
Executive Officer · San Francisco, CA
F. Vista Equity Partners Management, LLC
Promoter · San Francisco, CA
David F. Breach
Executive Officer · San Francisco, CA
Lauren F. Dillard
Executive Officer · San Francisco, CA
Placement Agents and Sales Compensation (Form D)
Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.
Allen, Allen & Partners Pty Ltd
Associated broker-dealer: None · Sydney, C3 and outside the United States
Neuberger Berman East Asia LimitedCRD 154286 on BrokerCheck 
Associated broker-dealer: None · Tokyo, M0 and outside the United States
CAIS Capital, LLCCRD 154512 on BrokerCheck 
Associated broker-dealer: None · New York, NY · Soliciting in all states and outside the United States
Bjarni Karl Gudlaugsson
Associated broker-dealer: None · N/A, K6 and outside the United States
Thrive Alternatives Pte. Ltd.
Associated broker-dealer: None · Singapore, U0 and outside the United States
ROYC
Associated broker-dealer: None · Luxembourg, N4 and outside the United States
MoonfareCRD 319285 on BrokerCheck 
Associated broker-dealer: None · Berlin, 2M · Soliciting in all states and outside the United States
NH Investment & Securities Co., Ltd.CRD 30660 on BrokerCheck 
Associated broker-dealer: None · Yeongdeungpo-gu, M5 · Soliciting in CA, DE, NJ, NY and outside the United States
FundCo
Associated broker-dealer: None · Helsinki, H9 and outside the United States
BNP Paribas SA - Wealth Management Division
Associated broker-dealer: None · Paris, I0 and outside the United States
414 Estructuracion, S.A. de C.V.
Associated broker-dealer: None · Mexico City, O5 and outside the United States
Questions About Vista Foundation Fund V, L.P.
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is Vista Foundation Fund V, L.P.?Vista Foundation Fund V, L.P. is a Delaware limited partnership that filed a Form D with the SEC on November 8, 2024 as a private equity fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7) for an offering of equity and pooled investment fund interests.
Is Vista Foundation Fund V, L.P. legit?AltStreet does not rate legitimacy; it reports the public record. Vista Foundation Fund V, L.P. filed a Form D with the SEC on November 8, 2024 claiming Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7). A Form D is a notice of an exempt offering, not a review or approval of it. No sales had been reported as of that notice. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is Vista Foundation Fund V, L.P. registered with or approved by the SEC?No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Vista Foundation Fund V, L.P. claimed Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has Vista Foundation Fund V, L.P. raised?Vista Foundation Fund V, L.P. reported that the first sale had not yet occurred as of the Form D filed November 8, 2024, so no amount sold or investor count is on file. The total offering amount is listed as indefinite.
Who can invest in Vista Foundation Fund V, L.P.?The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing checks both Section 3(c)(1), which caps the fund at 100 beneficial owners, and Section 3(c)(7), which requires every investor to be a qualified purchaser, generally an individual with at least $5 million in investments. A fund normally relies on one or the other. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated.
What is the minimum investment in Vista Foundation Fund V, L.P.?The Form D lists the minimum investment as $0, which means the issuer did not state a minimum on the form. The offering documents, not the Form D, set the actual subscription terms.
Who is selling Vista Foundation Fund V, L.P. and how are they paid?The Form D names Allen, Allen & Partners Pty Ltd, associated with None; Neuberger Berman East Asia Limited (CRD 154286), associated with None; CAIS Capital, LLC (CRD 154512), associated with None; Bjarni Karl Gudlaugsson, associated with None and 7 others as recipients of sales compensation. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.
Who is behind Vista Foundation Fund V, L.P.?The Form D lists 7 related persons: Robert F. Smith, executive officer; F. VFF V GP, LLC, promoter; F. Vista Foundation Fund V GP, L.P., promoter; Gwen F. Reinke, executive officer; F. Vista Equity Partners Management, LLC, promoter; David F. Breach, executive officer; Lauren F. Dillard, executive officer. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is Vista Foundation Fund V, L.P. located?The issuer's address on its SEC filings is 4 Embarcadero Center, 20th Floor, San Francisco, CA 94111. Its phone number of record is 415-765-6500. It is organized under the laws of Delaware.
How long is the Vista Foundation Fund V, L.P. offering open?The issuer indicated that the offering is intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.
How large is Vista Foundation Fund V, L.P.?The issuer declined to disclose its revenue range on the Form D, which the form permits.
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Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.