Azolla Vetnures Catalytic Fund, LP
Azolla · adviser of record: Azolla Management Company, LP · 2020 vintage
Azolla Vetnures Catalytic Fund, LP is a 2020 venture fund managed by Azolla, with $75.6mm raised (Form D, amount sold). It reported $70.4mm in gross assets at year-end 2025, 0.93x its size, against a peak of $76.3mm in 2022.
- Latest value held
- $70.4mm year-end 2025
- Peak
- $76.3mm year-end 2022
- Fund size
- $75.6mm Form D, amount sold
- Held vs. size
- 0.93x peak 1.01x
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 | $70.4mm | 0.93x | -7% over 2 yrs |
| 2023 | $75.8mm | 1.00x | -1% |
| 2022 | $76.3mm | 1.01x | +64% |
| 2021 | $46.6mm | 0.62x | +24% |
| 2020 | $37.6mm | 0.50x | – |
Other funds from Azolla
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 805-1402397111. Data updated October 13, 2026.
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