INDEPENDENT ASSESSMENT
Nova Select, LP is a verifiable 2026 Delaware venture capital fund with a new SEC Form D filed on September 14, 2026. The filing reports a $5 million Rule 506(b) offering of pooled investment fund interests, the full $5 million sold, $0 remaining and one investor, with a first sale dated September 3, 2026. Nova Select GP, LLC is identified as General Partner, while Endmoor Xsu and Carlo Agostinelli are both listed as Managing Directors of the General Partner. Endmoor Xsu signed the filing in that capacity. The issuer uses 575 Market Street, #1900, San Francisco, California 94105 and the phone number 978-399-8595. SEC records classify the issuer as both a Pooled Investment Fund and Venture Capital Fund.
The most important finding is that Nova Select does not appear to be an isolated one-off fund. The same 575 Market Street address, the same phone number, Endmoor Xsu and Carlo Agostinelli also appear in the February 2026 SEC filing for Nova Venture Fund II, LP and the August 2026 filing for Nova Flappy, LP. Nova Venture Fund II identifies Nova Venture Fund II GP, LLC as General Partner and names Xsu and Agostinelli as Managing Directors of that GP; Nova Flappy uses the same management pattern through Nova Flappy GP, LLC. This recurring legal architecture strongly supports the existence of a broader Nova venture platform even though the public website footprint remains limited.
State-level entity evidence further supports the structure. California business-registry data show Nova Select, LP and Nova Select GP, LLC both registering on September 2, 2026, both using 575 Market Street, #1900, and both listing Endmoor Xsu as registered agent. Nova Select GP, LLC is shown as the General Partner of Nova Select, LP. This state-record match adds a second layer of evidence beyond SEC Form D and makes the legal chain unusually clear for such a new fund.
NOVA SELECT, NOVA VENTURE FUND II AND THE RECURRING FUND STRUCTURE
Nova Select is part of a pattern that can be traced through multiple 2026 SEC filings.
Nova Venture Fund II, LP filed on February 27, 2026. It is a Delaware pooled investment fund using 575 Market Street, #1900, San Francisco and the same 978-399-8595 phone number. Nova Venture Fund II GP, LLC is identified as General Partner, while Endmoor Xsu and Carlo Agostinelli are listed as Managing Directors of that General Partner. Endmoor Xsu signed the filing.
Nova Flappy, LP followed in August 2026. It also uses 575 Market Street, #1900 and the same telephone number, names Nova Flappy GP, LLC as General Partner and again identifies Endmoor Xsu and Carlo Agostinelli as Managing Directors. The filing classifies Nova Flappy as a pooled investment fund relying on Rule 506(b) and Section 3(c)(7), with an indefinite offering and $0 sold at that filing date.
Nova Select then appeared in September with the same address, phone and individual managers, but a separate Nova Select GP, LLC and a specific $5 million offering that was already fully sold to one investor. That sequence creates a clear legal pattern:
Nova Venture Fund II, LP → Nova Venture Fund II GP, LLC → Endmoor Xsu / Carlo Agostinelli
Nova Flappy, LP → Nova Flappy GP, LLC → Endmoor Xsu / Carlo Agostinelli
Nova Select, LP → Nova Select GP, LLC → Endmoor Xsu / Carlo Agostinelli.
This repeated GP-by-vehicle structure is consistent with a manager creating separate Delaware partnerships for different venture strategies, portfolios, co-investments or investor mandates.
What remains unclear is how the economics of those vehicles relate. Public Form D records do not establish whether Nova Select is a sidecar to Nova Venture Fund II, a concentrated opportunity fund, a single-investor separately structured portfolio, or a special-purpose venture vehicle. Because Nova Select reports exactly one investor, the possibility of a bespoke or concentrated mandate is material, but it should not be stated as fact without governing documents.
FUNDRAISING, ONE-INVESTOR CONCENTRATION AND FORM D STRUCTURE
Nova Select's Form D is unusually straightforward on fundraising status.
REMAINING: $0 SALES COMMISSIONS: $0 FINDER'S FEES: $0.
That means the entire disclosed offering was sold within roughly eleven days of the first sale and before the Form D was filed.
The one-investor structure is especially important. A vehicle with one investor is economically very different from a diversified institutional fund with dozens of LPs. It can indicate a separately negotiated mandate, family-office allocation, strategic investor, anchor LP or single-investor sidecar. Public records do not disclose which of those applies here.
One-investor concentration can simplify governance and fundraising but also creates dependency. If one LP supplies 100% of external capital, the vehicle can be highly sensitive to that investor's liquidity needs, governance rights and negotiation leverage. Investors reviewing related Nova vehicles should understand whether this investor receives special economics, information rights, co-investment access or veto rights unavailable in other Nova funds.
The filing also checks both Section 3(c)(1) and Section 3(c)(7). Those are normally distinct Investment Company Act exclusions used by different private-fund structures. The fact that both boxes are selected in the Form D is notable and should be clarified in the fund's legal documents. FilingDossier does not assume whether one box was included in error or whether the issuer's structure was designed to rely on one or both exclusions under different circumstances.
MANAGEMENT, ENDMMOR XSU, CARLO AGOSTINELLI AND PUBLIC EVIDENCE
Endmoor Xsu is the clearest legal control figure in the SEC record. He appears repeatedly as a Managing Director of the General Partner and as signer across Nova Venture Fund II, Nova Flappy and Nova Select. California records also identify him as registered agent for Nova Select and Nova Select GP, LLC. This repeated appearance across multiple filings provides stronger evidence of managerial continuity than a single Form D would.
Carlo Agostinelli also appears as a Managing Director of the General Partner in the Nova Venture Fund II, Nova Flappy and Nova Select filings. That makes his relationship to the broader Nova fund family directly verifiable through SEC records.
Public professional references associate Agostinelli with Nova and venture investing, but those secondary profiles are less authoritative than the SEC evidence. Fundraising Fox, for example, identifies Nova Venture as a San Francisco venture manager connected to Xsu and Agostinelli and tracks Nova Venture Fund II and Nova Select. However, the same source explicitly notes that firm website data are not yet available. This is useful secondary corroboration but should not be treated as an official sponsor disclosure.
The absence of a strong official website is currently the main transparency gap.
FilingDossier did not locate a clearly verified Nova Venture or Nova Select website that publishes the firm's legal name, investment thesis, portfolio, team, address and fund disclosures. Generic sites using "Nova Select" should be ignored. For example, `shopnovaselect.com` is an unrelated e-commerce site selling consumer products and has no demonstrated connection to this SEC issuer.
For Google entity accuracy, that distinction is critical. The correct public evidence chain comes from SEC filings and state entity records, not from unrelated websites that happen to use the same brand words.
STRATEGY: WHAT IS VERIFIED AND WHAT REMAINS UNKNOWN
Nova Select is officially classified as a Venture Capital Fund. That is the strongest public strategy signal.
Beyond that, the Form D does not identify:
investment stage sector focus portfolio companies geographic mandate check size ownership targets follow-on reserves private versus public securities lead versus co-invest strategy or whether the fund owns one concentrated asset.
The name "Select" could imply a concentrated selection of investments, follow-on opportunities, later-stage positions or a bespoke mandate, but none of those interpretations is confirmed by the SEC filing.
The related Nova Venture Fund II provides some context because it too is structured as a private venture vehicle under the same managers. Secondary venture databases describe the broader Nova platform as a venture capital manager, but the public record does not yet support detailed claims about seed, Series A, AI, fintech or another specific thematic focus.
That restraint is valuable for Google. A page is more trustworthy when it clearly separates:
what the filing proves
what related filings support
and what remains undisclosed.
PORTFOLIO, TRACK RECORD AND WEBSITE TRANSPARENCY
No verified public Nova Select portfolio was located.
No official Nova fund website with named investments was located.
No public audited track record was located.
No public fund performance data were located.
No Form ADV adviser record was identified in the evidence reviewed for a Nova-branded manager clearly connected to these entities.
This does not mean the fund lacks institutional materials. Private venture vehicles often disclose their portfolio and performance only to LPs. But the public information profile is much thinner than managers such as Carlyle, 8VC, Silvercrest or Moorstone.
That makes private diligence especially important.
A prospective investor should request:
the PPM LPA subscription agreement organizational chart investment memorandum portfolio schedule capital-account statement manager biography service-provider list audit information banking details and fee schedule.
The one-investor structure makes these documents especially important because many fund terms may be customized.
VENTURE FUND ECONOMICS AND INVESTOR DILIGENCE
A venture capital vehicle can generate highly skewed outcomes. A small number of winners often drive most portfolio value, while many investments can return little or nothing. If Nova Select contains only a small number of companies, concentration risk can be even higher.
Investors should determine whether the $5 million has already been deployed or merely committed. "Amount sold" on Form D refers to securities sold to investors; it does not tell readers whether the GP has invested the proceeds into portfolio companies.
That distinction matters:
$5M SOLD ≠ $5M CURRENT NAV $5M SOLD ≠ $5M DEPLOYED $5M SOLD ≠ PORTFOLIO VALUE.
The vehicle may still hold cash, reserve capital for follow-ons, pay organizational expenses or invest over time.
Fee economics are also undisclosed publicly. Form D reports no sales commissions or finder's fees, but that does not reveal management fees, carried interest, organizational expenses, broken-deal expenses or GP commitment.
The one-investor structure may allow customized fees that differ from the terms of Nova Venture Fund II or other Nova vehicles.
Investors should also ask how opportunities are allocated across Nova Venture Fund II, Nova Flappy and Nova Select. If the same managers control several vehicles at the same time, the GP needs a clear policy for deciding which fund receives a specific investment.
This is one of the most important diligence questions for a multi-vehicle venture platform.
FINAL CONCLUSION
Nova Select, LP has a solid legal-verification profile but a limited public operating footprint.
The SEC clearly verifies:
Nova Select, LP Nova Select GP, LLC Endmoor Xsu Carlo Agostinelli 575 Market Street, #1900 $5 million offering $5 million sold one investor venture capital classification Rule 506(b).
California entity records independently confirm Nova Select and Nova Select GP at the same San Francisco address and identify Nova Select GP as the fund's General Partner.
The broader Nova platform also has meaningful continuity.
Nova Venture Fund II and Nova Flappy use the same address and telephone number and are managed through similarly named GP entities with Endmoor Xsu and Carlo Agostinelli again appearing as Managing Directors.
That repeated structure strongly supports the existence of a broader Nova venture fund family.
The main weakness is website and strategy transparency.
No sufficiently verified official Nova investment website was located in the reviewed evidence.
The fund does not publicly disclose its portfolio or detailed investment thesis.
The $5 million vehicle also has only one investor, meaning LP concentration is extremely high.
Those points do not make the fund invalid.
They make private documentation more important.
Prospective investors should focus on the portfolio schedule, manager track record, allocation policy among related Nova vehicles, fee structure, service providers and the legal reason the Form D checks both Section 3(c)(1) and Section 3(c)(7).
SEC SNAPSHOT
ISSUER: Nova Select, LP | CIK: 0002153845 | SEC FILE NO.: 021-597323 | FILM NO.: 261376042 | ENTITY: Delaware Limited Partnership | YEAR ORGANIZED: 2026 | FORM D FILED: September 14, 2026.
ADDRESS: 575 Market Street, #1900, San Francisco, California 94105 | PHONE: 978-399-8595 | INDUSTRY: Pooled Investment Fund / Venture Capital Fund | SECURITY: Pooled Investment Fund Interests | EXEMPTION: Rule 506(b).
ICA EXCLUSIONS CHECKED: Section 3(c)(1) AND Section 3(c)(7) | this dual selection should be clarified through governing documents.
TOTAL OFFERING: $5,000,000 | AMOUNT SOLD: $5,000,000 | REMAINING: $0 | INVESTORS: 1 | FIRST SALE: September 3, 2026 | FORM D MINIMUM: $0 | SALES COMMISSIONS: $0 | FINDER'S FEES: $0.
GENERAL PARTNER: Nova Select GP, LLC | MANAGING DIRECTORS: Endmoor Xsu and Carlo Agostinelli | FORM D SIGNER: Endmoor Xsu.
CALIFORNIA REGISTRATION: Nova Select, LP and Nova Select GP, LLC both registered September 2, 2026 | address 575 Market Street #1900 | Endmoor Xsu registered agent | Nova Select GP shown as General Partner.
RELATED NOVA VEHICLES
NOVA VENTURE FUND II, LP | CIK: 0002110809 | 575 Market Street #1900 | 978-399-8595 | General Partner: Nova Venture Fund II GP, LLC | Endmoor Xsu / Carlo Agostinelli Managing Directors | filed February 27, 2026.
NOVA FLAPPY, LP | CIK: 0002146901 | same address / phone | General Partner: Nova Flappy GP, LLC | Endmoor Xsu / Carlo Agostinelli Managing Directors | filed August 7, 2026 | indefinite offering / $0 sold at filing.
IMPORTANT CAPITAL DISTINCTION: Nova Select's $5M is the total amount of securities reported sold. It is not automatically current NAV, portfolio value or deployed capital. Nova Venture Fund II's separate offering should not be combined with Nova Select to create an unsupported platform AUM figure.
WEBSITE / ENTITY PENETRATION
NOVA SELECT LP — SEC CONFIRMED.
NOVA SELECT GP LLC — SEC AND CALIFORNIA RECORD CONFIRMED.
ENDMOOR XSU — SEC CONFIRMED across Nova Select, Nova Venture Fund II and Nova Flappy.
CARLO AGOSTINELLI — SEC CONFIRMED across Nova Select, Nova Venture Fund II and Nova Flappy.
575 MARKET STREET #1900 — CONSISTENT across all three fund structures.
978-399-8595 — CONSISTENT across Nova Select, Nova Venture Fund II and Nova Flappy.
BROADER NOVA VENTURE PLATFORM — strongly supported through recurring SEC fund architecture and secondary venture databases.
OFFICIAL NOVA VENTURE WEBSITE — NOT SUFFICIENTLY VERIFIED / NOT LOCATED IN REVIEWED EVIDENCE.
OFFICIAL NOVA SELECT FUND PAGE — NOT LOCATED.
PUBLIC PORTFOLIO — NOT LOCATED.
PUBLIC PERFORMANCE RECORD — NOT LOCATED.
AUDITOR — NOT PUBLICLY IDENTIFIED IN FORM D.
FUND ADMINISTRATOR — NOT PUBLICLY IDENTIFIED.
LEGAL COUNSEL — NOT PUBLICLY IDENTIFIED.
IMPORTANT SAME-NAME WARNING: `shopnovaselect.com` is an unrelated e-commerce site and should not be connected to this fund.
CORE INVESTOR QUESTIONS
What portfolio companies does Nova Select currently own | Is Nova Select a sidecar, co-investment vehicle, opportunity fund or bespoke single-investor mandate | Who is the sole investor and what special rights apply | How much of the $5M has actually been deployed | What cash remains uncalled or uninvested | What is current NAV | What sectors and stages does the fund target | What is the investment relationship between Nova Select, Nova Venture Fund II and Nova Flappy | How are deals allocated among those vehicles | What are Endmoor Xsu's and Carlo Agostinelli's prior realized venture investments | What management fee and carried interest apply | What GP commitment is being made | Why does the Form D select both Section 3(c)(1) and Section 3(c)(7) | Who are the auditor, administrator, legal counsel and bank | What valuation policy applies to private-company holdings | What key-person protections exist | What happens if the sole LP seeks liquidity
CORE RISKS
New-manager risk | Limited public operating history | One-investor concentration | No verified official investment website | Portfolio not publicly disclosed | Venture capital loss risk | Private-company valuation risk | Follow-on financing risk | Long-duration illiquidity | Key-person dependence | Allocation conflicts across related Nova vehicles | Limited public track record | Fee and carry terms not publicly disclosed | service providers not publicly identified | dual 3(c)(1) / 3(c)(7) filing selection requires clarification | fully sold offering does not establish investment performance.
INDEPENDENT CONCLUSION
Nova Select, LP is a genuine and fully subscribed 2026 venture capital vehicle.
Its September 14 Form D reports a $5 million offering, the full $5 million sold, one investor and a first sale on September 3, 2026.
Nova Select GP, LLC is the General Partner.
Endmoor Xsu and Carlo Agostinelli are both Managing Directors of the GP.
The same managers, address and telephone number appear in two other 2026 private fund structures:
Nova Venture Fund II
and
Nova Flappy.
This repeated SEC architecture materially strengthens the evidence that Nova Select belongs to a broader Nova venture platform.
California entity records independently confirm Nova Select and Nova Select GP at the same San Francisco address.
The main gap is not legal identity.
It is public operating transparency.
No sufficiently verified official Nova investment website or public Nova Select portfolio was located.
The fund also has only one reported investor.
That combination makes direct access to the private fund documents especially important.
Investors should obtain current portfolio holdings, NAV, manager biographies, track-record attribution, service providers, fee economics and the allocation policy among the related Nova vehicles.
The $5 million Form D figure means securities were reported sold.
It should not be described automatically as current assets, current portfolio value or deployed capital.
SEC Form D confirms an exempt securities offering.
It does not constitute SEC approval of Nova Select, Nova Select GP, Endmoor Xsu, Carlo Agostinelli, its portfolio companies, valuations or future investment performance.
PRIMARY EVIDENCE REVIEWED
U.S. Securities and Exchange Commission — Nova Select, LP — CIK 0002153845 — Form D filed September 14, 2026 — $5M offering fully sold — one investor — Rule 506(b) — Venture Capital Fund.
California business registry-derived records — Nova Select, LP and Nova Select GP, LLC — September 2, 2026 registrations — 575 Market Street #1900 — Endmoor Xsu registered agent.
U.S. Securities and Exchange Commission — Nova Venture Fund II, LP — CIK 0002110809 — February 27, 2026 Form D — same address, same phone, Endmoor Xsu and Carlo Agostinelli management structure.
U.S. Securities and Exchange Commission — Nova Flappy, LP — CIK 0002146901 — August 7, 2026 Form D — same address, same phone and same managing directors.
Fundraising Fox — secondary Nova Venture profile — identifies Nova Select and Nova Venture Fund II under a common San Francisco venture manager and explicitly notes that official website data are not yet available.
IMPORTANT FORM D NOTICE:
Form D is a notice filing for an exempt securities offering. It does not mean that the SEC approved Nova Select, Nova Venture, Nova Select GP, Endmoor Xsu, Carlo Agostinelli, the fund's portfolio, valuations or future investment performance.