Accel XVI L.P.
Accel · adviser of record: Accel Management CO. L.L.C · 2023 vintage
Accel XVI L.P. is a 2023 venture fund managed by Accel, with $650mm raised (Form D, amount sold). It reported $639mm in gross assets at year-end 2025, 0.98x its size, against a peak of $650mm in 2023.
- Latest value held
- $639mm year-end 2025
- Peak
- $650mm year-end 2023
- Fund size
- $650mm Form D, amount sold
- Held vs. size
- 0.98x peak 1.00x
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 | $639mm | 0.98x | -2% over 2 yrs |
| 2023 | $650mm | 1.00x | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| Michigan SMIB | 2025-12-31 | – | – | – | $4.6mm |
Latest report from each pension, as multiples of paid-in capital. Michigan reports dollar value held, shown under Still held.
What registered funds report
| Holder | As of | Value of stake | Value ÷ cost |
|---|---|---|---|
| FS MVP Private Markets Fund | 2026-06-30 | $237k | 1.01x |
From SEC Form N-PORT, filed by mutual funds and other registered funds that hold an interest in this fund.
Other funds from Accel
- Accel Leaders 4 Investors (2022) L.P. 2023
- Accel XVI Investors (2024) L.L.C. 2023
- Accel India VI Investors (2019) L.L.C. 2023
- Accel Leaders 4 L.P. 2022
- Accel India VII L.P. 2022
- Accel Growth Fund VI Investors (2021) L.P. 2022
- Accel XV Investors (2021) L.L.C. 2022
- Accel India VII Investors (2022) L.L.C. 2022
- Accel London VII L.P. 2021
- Accel London VII Investors (2021) L.P. 2021
- Accel London VI Investors (2020) L.P. 2021
- Accel Leaders 3 L.P. 2020
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 805-4933608376. Data updated October 13, 2026.
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