B Capital Fund, L.P.
B Capital · adviser of record: B Capital Group Management, L.P. · 2016 vintage
B Capital Fund, L.P. is a 2016 venture fund managed by B Capital, with $181mm raised (Form D, amount sold). It reported $460mm in gross assets at year-end 2025, 2.54x its size, against a peak of $719mm in 2021.
- Latest value held
- $460mm year-end 2025
- Peak
- $719mm year-end 2021
- Fund size
- $181mm Form D, amount sold
- Held vs. size
- 2.54x peak 3.97x
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 | $460mm | 2.54x | -32% over 2 yrs |
| 2023 | $675mm | 3.73x | +4% |
| 2022 | $650mm | 3.59x | -10% |
| 2021 | $719mm | 3.97x | +66% |
| 2020 | $432mm | 2.38x | -0% |
| 2019 | $433mm | 2.39x | +20% |
| 2018 | $360mm | 1.99x | +10% |
| 2017 | $329mm | 1.82x | +129% |
| 2016 | $143mm | 0.79x | – |
Other funds from B Capital
- B Capital Ascent Fund III, L.P. 2023
- B Capital Ascent Ssea Fund I, L.P. 2023
- B Capital Opportunities Fund II, L.P. 2022
- B Capital Coinvest Fund (N), L.P. 2022
- B Capital Growth Coinvest Fund (K2), L.P. 2022
- B Capital Global Growth III, LP 2021
- B Capital Healthcare I, L.P. 2021
- B Capital China I, L.P. 2021
- B Capital Growth Coinvest Fund, LP 2021
- B Capital Growth Coinvest Fund (B), LP 2021
- B Capital Ascent Coinvest Fund LP 2021
- B Capital Opportunities Fund I, 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 805-7845068911. Data updated October 13, 2026.
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