Discerning Capital

Venture Capital Exempt reporting adviser

Legal name: Discerning Capital LLC

Website LinkedIn

AUM

$67.3M
Private fund assets

Private funds

6
Venture Capital 5 · Other 1

Private fund assets

$67.3M
Gross asset value

Employees

—

Last Form D raise

Nov 2025
Most recent fund filing

From SEC Form ADV filing (filed Mar 27, 2026). View on SEC

People(2)

Owners and executive officers named on the firm's SEC Form ADV.

D
David Williams
Partner
Source: SEC Form ADV
D
Davis Catlin
Managing Partner
Source: SEC Form ADV

Funds(6)

Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
Discerning Capital Outlier SPV, LLCVenture Capital$7.9M$7.9M40Nov 2025Warm
Discerning Capital Yaspa SPV, LLCVenture Capital$10.1M$10.3M56Jul 2025Cool
Discerning Capital Mn SPV, LLC.Venture Capital$14.0M$4.0M32Dec 2024Cool
Discerning Capital Sc SPV, LLCVenture Capital$4.3M$4.3M32Nov 2024Cool
Discerning Capital Pb SPV, LLCVenture Capital$10.8M—35Oct 2024Cool
Discerning Capital Haf I SPV LPOther$20.3M———

Board seats

Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.

No board seats matched from SEC filings yet.

Regulatory identifiers

CRD number
329416
SEC file number
802-135006

Sources