A91 Emerging Fund II LLP
4point9 Capital Advisors · adviser of record: 4POINT9 Capital Advisors LLP · 2021 vintage
A91 Emerging Fund II LLP is a 2021 venture fund managed by 4point9 Capital Advisors, with $550mm raised (Form D, amount sold). It reported $694mm in gross assets at year-end 2025, 1.26x its size, its highest reported value.
- Latest value held
- $694mm year-end 2025
- Peak
- $694mm year-end 2025
- Fund size
- $550mm Form D, amount sold
- Held vs. size
- 1.26x peak 1.26x
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 | $694mm | 1.26x | +249% over 2 yrs |
| 2023 | $199mm | 0.36x | +63% |
| 2022 | $122mm | 0.22x | +12230000% |
| 2021 | $1k | 0.00x | – |
Other funds from 4point9 Capital Advisors
All 4point9 Capital Advisors funds
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 805-1323570019. Data updated October 13, 2026.
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