5Y Capital Evolution Fund II, L.P.
5Y Capital · adviser of record: 5Y Capital Management Limited · 2021 vintage
5Y Capital Evolution Fund II, L.P. is a 2021 venture fund managed by 5Y Capital, with $653mm raised (Form D, amount sold). It reported $741mm in gross assets at year-end 2025, 1.13x its size, its highest reported value.
- Latest value held
- $741mm year-end 2025
- Peak
- $741mm year-end 2025
- Fund size
- $653mm Form D, amount sold
- Held vs. size
- 1.13x peak 1.13x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $741mm | 1.13x | +10% over 2 yrs |
| 2023 | $676mm | 1.04x | -1% |
| 2022 | $684mm | 1.05x | +6% |
| 2021 | $647mm | 0.99x | – |
Other funds from 5Y Capital
- 5Y Capital Evolution Fund III, L.P. 2023
- 5Y Capital Evolution Fund III CO-Investment, L.P. 2023
- 5Y Capital Growth Fund I, L.P. 2021
- 5Y Capital Growth Fund I CO-Investment, L.P. 2021
- 5Y Capital Evolution Fund II CO-Investment, L.P. 2021
- 5Y SPF III, L.P. 2021
- Evolution Fund I, L.P. 2017
- Evolution Special Opportunity Fund I, L.P. 2017
- Evolution Fund I CO-Investment, L.P. 2017
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-8951593503. Data updated October 13, 2026.
Is this your fund?
Spot an error and email a correction. Facing DPI pressure? See how distribution financing works.