How FundComb Compiles Investor Data

Venture Capital Lists

The default size view compares the total funds managed by qualifying venture-led firms. Figures labelled Firm FUM may include the firm's adjacent growth, public-equity or credit strategies. They describe the represented manager, not its corporate parent's balance sheet or capital available in a particular country. Where a current firm total is unavailable, we retain clearly labelled estimates and minimums. Reviewed disclosures without a measurement date remain useful size estimates; we do not invent an as-of date. A recent closed vehicle can supply a labelled minimum when a manager estimate is unavailable, but we never add vehicles together. Currency is preserved when disclosed; otherwise we use a context-based working assumption, usually USD, and flag it for confirmation. Estimates use a shared, dated ECB exchange-rate snapshot, flagged for refresh after 93 days. Figures without a usable exchange rate can display without a size rank. Detailed sources remain on investor profiles.

Separate views compare reported venture AUM, aggregate venture commitments and named closed fund sizes. Parent-company assets, personal wealth and cumulative fundraising do not count as venture AUM. Only dated exact or approximate reported figures rank in these views: AUM and commitments need a date within two years, and fund sizes within three years. Missing, undated, stale and bounded reported figures remain unranked; a separately labelled FUM estimate may still appear for context. The fund-size view uses each investor’s latest qualifying disclosed vehicle, not the sum of its funds. Reported currency conversions retain their ECB source and date. Manager and strategy totals do not describe capital available in a particular country.

Narrow venture lists focus on venture-led firms and dedicated venture arms. A venture firm may also run growth, public-equity or venture-credit funds; those adjacent strategies do not automatically exclude it. Broad view includes diversified investors whose overall business is not venture-led. List membership does not make mixed-strategy assets venture AUM. For the twelve country directories, the venture team or arm must be tied to the country; a diversified parent’s generic office is insufficient. When research finds no location for a venture-led firm, the headquarters shown on its profile still places it in that country; diversified investors need reviewed office evidence. Investment evidence is a separate view of stated country mandates and venture investments recorded within three years. Founder-linked mandates and observed deals retain their qualifications; neither implies the investor is currently seeking deals. Official sources are researched automatically and checked independently. Missing evidence stays unknown, and accepted connections link to their sources. Reviews are refreshed periodically: a firm stays listed while its review is due, and only a clear contrary finding removes it.

Other Ranked Lists

List pages are generated from the live FundComb database. In a strategy context, “largest” uses a public 0–100 FundComb ranking score: up to 65 points for comparable scale, 25 for strategy fit and 10 for source quality and freshness. Every scored result shows the raw metric, its scope, basis and date. Firms without a verified comparable figure remain eligible but appear below scored results.

Scale and Comparability

FundComb preserves the reported metric instead of silently blending total AUM, fee-earning AUM, regulatory AUM, committed capital, fund-family lower bounds, vehicle size and pension-plan assets. Strategy total AUM is directly comparable. Dominant-strategy firm AUM is weighted at 95%, strategy fee-earning or regulatory AUM at 90%, strategy-family AUM at 85%, committed capital and fund-family lower bounds at 75%, and a verified multi-strategy firm-wide fallback at 65%. Vehicle size and pension-plan assets never rank a manager.

Sectors and Focus

The public taxonomy uses 11 broad sectors and a small governed set of familiar focus areas. Specific language such as payments, diagnostics, digital infrastructure or AgTech remains searchable and is preserved as source language without becoming another permanent checkbox. Focus is attached to the vehicle, exact strategy, strategy family or firm-wide level; a firm-wide assertion is labelled and ranks below exact strategy evidence.

Stated investment focus and observed portfolio exposure are separate. Observed exposure is shown only with an adequate disclosed-company sample and coverage, is labelled with its sample size and never creates a specialist designation. “Stated focus only” excludes observed matches.

Headquarters, Offices and Geography

FundComb keeps headquarters, office presence and investment geography as separate fields. A firm headquartered in Singapore with a Sydney office should appear differently from an Australian-headquartered firm, and a global investor may invest in a country without having an office there.

Entities, Strategies and Stages

Entity kind, capital source, business role, investment strategy and company stage are separate axes. A multi-strategy manager can qualify for several strategy searches without being stored as a “multi-strategy” category. Pension and superannuation funds remain distinct from sovereign investors, but can be searched together with sovereigns and endowments as institutional asset owners. Their plan assets are labelled separately from manager AUM. Individuals, single-family offices and multi-family offices remain separate records but share the “Family Offices & Private Investors” surface. That page ranks relevance and cheque ranges where sourced; it does not rank personal wealth or family-office AUM.

Corrections

The database changes as new evidence is found and older records are cleaned. Public pages include a feedback link so investors and readers can report stale URLs, outdated headquarters, missing offices or incorrect classifications.