Alpaca Pair SPV LLC
Alpaca VC Investment · adviser of record: Alpaca VC Investment Management LLC · 2021 vintage
Alpaca Pair SPV LLC is a 2021 venture fund managed by Alpaca VC Investment, with $1.5mm raised (Form D, amount sold). It reported $1.7mm in gross assets at year-end 2025, 1.10x its size, against a peak of $1.7mm in 2023.
- Latest value held
- $1.7mm year-end 2025
- Peak
- $1.7mm year-end 2023
- Fund size
- $1.5mm Form D, amount sold
- Held vs. size
- 1.10x peak 1.10x
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 | $1.7mm | 1.10x | +0% over 2 yrs |
| 2023 | $1.7mm | 1.10x | +12% |
| 2022 | $1.5mm | 0.98x | – |
Other funds from Alpaca VC Investment
- Alpaca VC SPV #3 LLC 2022
- Alpaca VC SPV #5 LLC 2022
- Alpaca VC Fund III LP 2020
- Alpaca Built World Fund I LP 2020
- Corigin Ventures Fund II LP 2018
All Alpaca VC Investment 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 805-4991801889. Data updated October 13, 2026.
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