BASE10 Partners II, L.P.
Base10 Partners · adviser of record: BASE10 Partners Management LLC · 2019 vintage
BASE10 Partners II, L.P. is a 2019 venture fund managed by Base10 Partners, with $250mm raised (Form D, amount sold). It reported $344mm in gross assets at year-end 2025, 1.37x its size, against a peak of $377mm in 2021.
- Latest value held
- $344mm year-end 2025
- Peak
- $377mm year-end 2021
- Fund size
- $250mm Form D, amount sold
- Held vs. size
- 1.37x peak 1.50x
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 | $344mm | 1.37x | +2% over 2 yrs |
| 2023 | $338mm | 1.35x | -1% |
| 2022 | $342mm | 1.37x | -9% |
| 2021 | $377mm | 1.50x | +47% |
| 2020 | $256mm | 1.02x | +12% |
| 2019 | $228mm | 0.91x | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| LAFPP | 2025-12-31 | $10mm | 0.00x | 1.32x | 1.32x |
Latest report from each pension, as multiples of paid-in capital. Michigan reports dollar value held, shown under Still held.
Other funds from Base10 Partners
- BASE10 Moego I, LP 2023
- BASE10 Advancement Initiative II LP 2022
- Global Opportunity Fund I, LP 2022
- BASE10 Advancement Initiative IH I LP 2022
- BASE10 Advancement Initiative Oyster I LP 2022
- Ondemandstaffing Investments, LLC 2022
- BASE10 Nowports I LLC 2022
- BASE10 Nowports II LP 2022
- BASE10 Partners III, L.P. 2021
- BASE10 Advancement Initiative I, L.P. 2021
- BASE10 Wonolo Coinvest I LLC 2021
- BASE10 TPC Coinvest I LLC 2021
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 805-9412462044. Data updated October 13, 2026.
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