PartnerFacts
Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 3:53 AM ET

Sponsor Check › Sponsor group

F

Ffl

One sponsor team, 8 deal companies · San Francisco, CA

Grouped because: 3 shared people, 1 shared management entity, same business address (8 issuers), similar issuer names (5) (automatic match from the filings) · not the same sponsor?

8deal companies
$681.8Mreported sold
68investors
14Form D filings
2013–2015active
0new, last 12 mo

Data last updated Oct 23, 2026, 5:45 PM ET · Latest filing in this group May 18, 2015 · Courts (RECAP) last checked: Oct 24, 2026, 2:12 AM ET · SEC enforcement last checked: not yet

The short version

Ffl is a sponsor group of 8 issuers that PartnerFacts links to one sponsor (shared people, shared management entity, same business address, similar issuer names; automatic match from the filings), filing 14 Form D filings between Dec 2013 and May 2015.

What this means One team, 8 deal companies, about 2 years of track record in SEC filings. We link the companies because the same people or address appear on their forms — tap "Request a correction" if that is wrong.

Combined reported sold: $681.8M to 68 investors (latest filing per issuer). Industries as reported: Pooled Investment Fund (8). Issuers are based in CA (8).

What this means $681.8M raised across the group, about $10M per investor. Amounts come from each company's latest Form D; they are what the sponsor reported, not audited figures.

Principal people: Christopher A. Masto (8 issuers, director), FFL GP IV, L.p. (8 issuers, promoter, entity), Spencer C. Fleischer (8 issuers, director) and Tully M. Friedman (8 issuers, director).

What this means The person on the most companies is usually the one running the show; their page lists every deal.

Activity: 0 new offerings in the last 12 months; latest filing May 18, 2015.

What this means No new raise filed in the past year.

Public records searched: federal courts (CourtListener / RECAP), state securities regulators (AZ, CA, DE, TX, WA), property records (NYC, FL, IL and TX counties) — none found. Not yet searched: SEC enforcement releases (search queued; results are added automatically).

What this means Nothing turned up where we looked (3 sources). That does not prove there is nothing — it means none was found in those sources on that date.

What the community is saying

Nothing found on Reddit, BiggerPockets or community forums for high-net-worth investors (searched Oct 24, 2026) — search queued; this line updates when it has run.

Community comments are quoted as written by their authors. Sources searched: BiggerPockets forums (via DuckDuckGo, Brave, Bing and BiggerPockets search) and Reddit (search feed + public archive).

Key records

Five things investors ask first. Items still in human review are counted, not shown.

1. Lawsuits

None found so far — 8 of 8 issuers searched

What was searched

Sources searched: CourtListener bulk data (RECAP dockets as of 2026-09-30; recall-first rule 10-24) — federal district + bankruptcy courts; live RECAP re-check pending. State courts: not yet searched. PACER: not searched. · Last checked Oct 24, 2026, 2:12 AM ET. Searched so far: 8 of 8 issuers in this group; 0 not yet searched. Results are added automatically.

State courts: not yet searched. No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

2. Regulatory actions

Not yet searched — search queued

What was searched

SEC enforcement searched: SEC litigation releases and administrative proceedings — respondent names in the sec.gov index titles (30,205 releases, 1995-09-19 to 2026-10-23); release text is read only to confirm a candidate. Names that appear only in the body of a release are not found. — not yet searched.

State securities regulators searched: AZ (Corporation Commission Securities Division), CA (DFPI — 16 of 12,159 DFPI respondent pages read so far; sponsor-name matches are read first), DE (DOJ Investor Protection Unit), TX (State Securities Board), WA (DFI) — last crawled Oct 23, 2026, 9:57 PM ET. Other states: not yet searched.

SEC search queued. Results are added automatically.

3. Bankruptcies

None found so far — 8 of 8 issuers searched

What was searched

Sources searched: Federal bankruptcy courts via CourtListener / RECAP archive (federal district courts, federal bankruptcy courts). State courts: not yet searched. PACER: not searched (RECAP only). · Last checked Oct 24, 2026, 2:12 AM ET. Searched so far: 8 of 8 issuers in this group; 0 not yet searched. Results are added automatically.

State courts: not yet searched. No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

4. Differences between public sources

No comparisons published

What is compared

No public statement by this sponsor group has been collected yet, so there is nothing to compare. Sources compared: the sponsor's own website (known from the issuer's own filings — Form C issuer website, EDGAR company profile — an approved profile claim or Form ADV Item 1.I of its matched adviser) · SEC Form D · SEC Form ADV (IAPD) · Internet Archive · No website is on file for this sponsor group yet.

5. Money to insiders

5 of 8 offerings report sales commissions totalling $35,000,000; 0 report finder's fees; 0 report proceeds to related persons. (includes amounts the issuer reported as estimates)

Offering (latest filing)Sales commissionsFinder's feesTo insidersPaid to sell itSource
May 18, 2015 D
FFL IV Co-Investment Fund, L.P.
File 021-240108
$0 (est.)$0 (est.)$0None listed on this filingEDGAR ↗
Feb 13, 2015 D
FFL Parallel Fund IV (DE-II), L.P.
File 021-234088
$7,000,000 (est.)$0 (est.)$0Not Applicable no CRD number reported
via MVision Private Equity Advisers USA LLC (CRD 122242 ↗)
EDGAR ↗
Dec 19, 2014 D/A
FFL Individual Partners IV, L.P.
File 021-208162
$0$0$0None listed on this filingEDGAR ↗
Dec 17, 2014 D/A
FFL Capital Partners IV, L.P.
File 021-208124
$7,000,000 (est.)$0 (est.)$0Not Applicable no CRD number reported
via MVision Private Equity Advisers USA LLC (CRD 122242 ↗)
EDGAR ↗
Dec 17, 2014 D/A
FFL Parallel Fund IV, L.P.
File 021-208125
$7,000,000 (est.)$0 (est.)$0Not Applicable no CRD number reported
via MVision Private Equity Advisers USA LLC (CRD 122242 ↗)
EDGAR ↗
Dec 17, 2014 D/A
FFL Designated Partners IV, L.P.
File 021-208126
$7,000,000 (est.)$0 (est.)$0Not Applicable no CRD number reported
via MVision Private Equity Advisers USA LLC (CRD 122242 ↗)
EDGAR ↗
Dec 17, 2014 D/A
FFL Parallel Fund IV (DE), L.P.
File 021-208128
$7,000,000 (est.)$0 (est.)$0Not Applicable no CRD number reported
via MVision Private Equity Advisers USA LLC (CRD 122242 ↗)
EDGAR ↗
Dec 17, 2014 D/A
FFL Executive Partners IV, L.P.
File 021-208164
$0$0$0None listed on this filingEDGAR ↗
How this is counted

Counts come from Form D Items 12–15 on the filings in our index (latest filing per offering; one offering = one SEC file number; an amendment updates its offering rather than adding one). "To insiders" = gross proceeds used for payments to executive officers, directors or promoters. "—" = not reported on that filing. Amounts marked (est.) were reported as estimates. "Paid to sell it" = sales compensation recipients named on that filing (Item 12), each linked to FINRA BrokerCheck when a CRD number is reported.

Counted across all 8 issuers in this group — every filing in our index, latest filing per offering (SEC file number).

Property records 0 documents · 0 ownership records · last checked Oct 24, 2026, 12:35 AM ET

0 recorded documents and 0 ownership records matched to Ffl in the sources searched.

Not found in sources searched as of Oct 24, 2026, 12:35 AM ET: NYC ACRIS via NYC Open Data (Real Property Parties 636b-3b5g, Master bnx9-e6tj, Legals 8h5j-fqxa, Document Control Codes 7isb-wh4c) — last checked Oct 24, 2026, 12:35 AM ET; Cook County IL Assessor via Cook County Open Data (Parcel Sales wvhk-k5uv; Parcel Addresses 3723-97qp) — last checked Oct 24, 2026, 12:35 AM ET; NYC PLUTO ownership via NYC Open Data (64uk-42ks) — last checked Oct 24, 2026, 12:35 AM ET; Hillsborough County FL Clerk of Court Official Records daily index (publicrec.hillsclerk.com D/P/M files), 2 daily files (Oct 14, 2026 to Oct 15, 2026) — loaded Oct 23, 2026, 8:59 PM ET; Florida DOR NAL roll (Hillsborough 39) roll year 2026 — loaded Oct 23, 2026, 8:54 PM ET; Florida DOR NAL roll (Dade 23) roll year 2026 — loaded Oct 23, 2026, 8:58 PM ET; Harris County Appraisal District real_acct.txt roll year 2026 — loaded Oct 23, 2026, 8:58 PM ET; Dallas Central Appraisal District ACCOUNT_INFO.CSV roll year 2026 — loaded Oct 23, 2026, 8:58 PM ET. Records in other counties, and recorder indexes we do not yet cover, were not searched.

Property records coverage: New York City (ACRIS recorded documents and PLUTO ownership, looked up per issuer when its page is viewed; re-checked when the page is viewed again more than 30 days after the last check); Hillsborough County FL (recorded documents from Oct 14, 2026 forward; ownership from FL DOR roll 2026); Cook County IL (assessor ownership and deed/sale records, looked up per issuer when its page is viewed); Harris County TX and Dallas County TX (assessor ownership rolls only, 2026 roll; no deed, mortgage or sale records); Miami-Dade County FL (ownership from FL DOR roll only; Clerk recorded documents not yet searched). Recorder indexes for TX, AZ, IL and WA counties, mortgages and liens outside NYC and FL, lis pendens and foreclosure notices everywhere, Miami-Dade County FL recorded documents, Maricopa County AZ, King County WA, Salt Lake County UT, and all other counties are not yet searched. Last refresh by source: Hillsborough County FL Clerk daily index Oct 23, 2026, 8:59 PM ET; Dallas Central Appraisal District ACCOUNT_INFO.CSV Oct 23, 2026, 8:58 PM ET; Harris County Appraisal District real_acct.txt Oct 23, 2026, 8:58 PM ET; Florida DOR NAL roll (Dade 23) Oct 23, 2026, 8:58 PM ET; Florida DOR NAL roll (Hillsborough 39) Oct 23, 2026, 8:54 PM ET. NYC and Cook County are looked up per issuer when its page is viewed; the most recent such lookup on this site finished Oct 24, 2026, 3:30 AM ET. Parties are named as the recorder's index names them (role suffixes as recorded); no address, account number or trust date is shown for an individual, and individual owners of record (home ownership) are not matched or shown. Items still in human review are not shown.

Issuers in this group

Why each issuer is here is stated in the "Linked by" column. Low-confidence links are never shown — they wait for human review.

SourceIssuerLinked byLocationIndustryFilingsSold (max)InvestorsMin. investment (latest filing)Active
EDGAR ↗FC FFL Capital Partners IV, L.P.shared people, shared management entity, same business address, similar issuer namesSan Francisco, CAPooled Investment Fund2$583,287,534
offering Indefinite · similar: $155,000–$5,250,000
40
similar: 4–27
No minimum reported
similar: $1,000–$100,000
2013–2014
EDGAR ↗FP FFL Parallel Fund IV, L.P.shared people, shared management entity, same business address, similar issuer namesSan Francisco, CAPooled Investment Fund2$28,013,771
offering Indefinite · similar: $155,000–$5,250,000
5
similar: 4–27
No minimum reported
similar: $1,000–$100,000
2013–2014
EDGAR ↗FP FFL Parallel Fund IV (DE), L.P.shared people, shared management entity, same business address, similar issuer namesSan Francisco, CAPooled Investment Fund2$0
offering Indefinite · similar: $155,000–$5,250,000
0
similar: 4–27
No minimum reported
similar: $1,000–$100,000
2013–2014
EDGAR ↗FD FFL Designated Partners IV, L.P.shared people, shared management entity, same business addressSan Francisco, CAPooled Investment Fund2$22,500,000
offering Indefinite · similar: $155,000–$5,250,000
16
similar: 4–27
No minimum reported
similar: $1,000–$100,000
2013–2014
EDGAR ↗FI FFL Individual Partners IV, L.P.shared people, shared management entity, same business addressSan Francisco, CAPooled Investment Fund2$0
offering Indefinite · similar: $155,000–$5,250,000
0
similar: 4–27
No minimum reported
similar: $1,000–$100,000
2013–2014
EDGAR ↗FE FFL Executive Partners IV, L.P.shared people, shared management entity, same business addressSan Francisco, CAPooled Investment Fund2$0
offering Indefinite · similar: $155,000–$5,250,000
0
similar: 4–27
No minimum reported
similar: $1,000–$100,000
2013–2014
EDGAR ↗FP FFL Parallel Fund IV (DE-II), L.P.shared people, shared management entity, same business address, similar issuer namesSan Francisco, CAPooled Investment Fund1$30,018,000
offering Indefinite · similar: $155,000–$5,250,000
2
similar: 4–27
No minimum reported
similar: $1,000–$100,000
2015–2015
EDGAR ↗FC FFL IV Co-Investment Fund, L.P.shared people, shared management entity, same business address, similar issuer namesSan Francisco, CAPooled Investment Fund1$18,000,000
offering Indefinite · similar: $155,000–$5,250,000
5
similar: 4–27
No minimum reported
similar: $1,000–$100,000
2015–2015

"Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Pooled Investment Fund / 506(b) (83,801 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

Timeline of offerings

SourceFiledIssuerFormIndustryOfferedSold
EDGAR ↗May 18, 2015FFL IV Co-Investment Fund, L.P.DPooled Investment FundIndefinite$18,000,000
EDGAR ↗Feb 13, 2015FFL Parallel Fund IV (DE-II), L.P.DPooled Investment FundIndefinite$30,018,000
EDGAR ↗Dec 19, 2014FFL Individual Partners IV, L.P.D/APooled Investment FundIndefinite$0
EDGAR ↗Dec 17, 2014FFL Parallel Fund IV (DE), L.P.D/APooled Investment FundIndefinite$0
EDGAR ↗Dec 17, 2014FFL Designated Partners IV, L.P.D/APooled Investment FundIndefinite$22,500,000
EDGAR ↗Dec 17, 2014FFL Executive Partners IV, L.P.D/APooled Investment FundIndefinite$0
EDGAR ↗Dec 17, 2014FFL Parallel Fund IV, L.P.D/APooled Investment FundIndefinite$28,013,771
EDGAR ↗Dec 17, 2014FFL Capital Partners IV, L.P.D/APooled Investment FundIndefinite$583,287,534
EDGAR ↗Dec 17, 2013FFL Executive Partners IV, L.P.DPooled Investment FundIndefinite$0
EDGAR ↗Dec 17, 2013FFL Individual Partners IV, L.P.DPooled Investment FundIndefinite$0
EDGAR ↗Dec 17, 2013FFL Parallel Fund IV (DE), L.P.DPooled Investment FundIndefinite$0
EDGAR ↗Dec 17, 2013FFL Designated Partners IV, L.P.DPooled Investment FundIndefinite$0
EDGAR ↗Dec 17, 2013FFL Parallel Fund IV, L.P.DPooled Investment FundIndefinite$0
EDGAR ↗Dec 17, 2013FFL Capital Partners IV, L.P.DPooled Investment FundIndefinite$0

Activity: 0 new offerings in the last 12 months across all issuers in this group (new offering = a Form D that is not an amendment, D/A) · most recent filing May 18, 2015. Industry history, as reported on each offering's latest filing: All 8 offerings reported: Pooled Investment Fund (2013–2015).

People across the group

NameRolesIssuers hereFirst → last listed
SF Spencer C. FleischerDirector8Dec 17, 2013 → May 18, 2015
TF Tully M. FriedmanDirector8Dec 17, 2013 → May 18, 2015
FG FFL GP IV, L.P. entityPromoter8Dec 17, 2013 → May 18, 2015
CM Christopher A. MastoDirector8Dec 17, 2013 → May 18, 2015

Adviser registration (Form ADV)

Not yet searched. Sources to be searched: SEC Investment Adviser Information Reports — Form ADV data for SEC-registered advisers and exempt reporting advisers (file dated 2026-10-02); SEC Investment Adviser Public Disclosure (IAPD) firm search — registered and exempt reporting advisers · Search queued. Results are added automatically; check back later.

Meta advertising

Meta advertising Meta Pixel and page links found on the sponsor's own site; ads from Meta's Ad Library where the API returns them

Not yet searched.

Sources to be searched: the sponsor's website (none on record yet; a sponsor's website is known only from the issuer's own filings (Form C issuer website; EDGAR company profile), an approved profile claim or Form ADV Item 1.I of its matched adviser — we never look it up elsewhere) for Meta Pixel ids and Facebook / Instagram page links; Meta Ad Library API: not yet searched (API access pending). We never read facebook.com or instagram.com; readers get a link to Meta's public Ad Library instead.

Other offering types (Regulation A and Regulation Crowdfunding)

None found in sources searched.

Sources searched: SEC Regulation A Data Sets (Forms 1-A, 1-K, 1-Z; 2015 Q2 → 2026 Q3); SEC Crowdfunding Offerings Data Sets (Form C family; 2016 Q2 → 2026 Q3); EDGAR form index for 2026 Q3 → 2026 Q4 · Last checked Oct 23, 2026, 8:41 PM ET.

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Sponsor response

Add a sourced explanation next to any fact. Reviewed before publishing.

Grouping is PartnerFacts' inference from public filings (shared related persons, management entities, business address). Everything else on this page is drawn from the filings themselves. Not the same sponsor? Request a correction.

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