

2 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| Picture Capital Fund IIFiled to raise in 2026, with no closing reported yet. | 2026 | $100M | $0 | 0 |
| Picture Capital Scale Fund IIFiled to raise in 2026, with no closing reported yet. | 2026 | $400M | $0 | 0 |
| Picture Capital Fund I | March 2024 | $112M | $112M | 46 |
| Picture Capital Opportunity Fund IFiled to raise in 2024, with no closing reported yet. | 2024 | $200M | $0 | 0 |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
4 partners are named across this firm’s filings, 2 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| Dan AmigaNot on the current fund | Quiet | None listed | 0 | 0 |
| Michael BoodaeiNot on the current fund | Quiet | None listed | 0 | 0 |
| Michael Fey | Quiet | Cybersecurity | 1 | 0 |
| Rakesh Loonkar | Quiet | None listed | 0 | 0 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
Too few companies classified yet to infer a focus. 1 of 1 portfolio companies are classified.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Picture Capital’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
No other firm shares a filed board seat with Picture Capital yet. That is a gap in what we have read, not a claim that Picture Capital invests alone.
A shared board seat: a company where filings name a Picture Capital partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.