Blue Lake Capital Fund IV, L.P.
Blue Lake Capital · adviser of record: BLC Advisors, LTD. · 2022 vintage
Blue Lake Capital Fund IV, L.P. is a 2022 venture fund managed by Blue Lake Capital, with $211mm raised (Form D, amount sold). It reported $212mm in gross assets at year-end 2025, 1.00x its size, its highest reported value.
- Latest value held
- $212mm year-end 2025
- Peak
- $212mm year-end 2025
- Fund size
- $211mm Form D, amount sold
- Held vs. size
- 1.00x 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 | $212mm | 1.00x | +1% over 2 yrs |
| 2023 | $211mm | 1.00x | -0% |
| 2022 | $211mm | 1.00x | – |
Other funds from Blue Lake Capital
- Blue Lake Capital Opportunity Fund I, L.P. 2021
- Blue Lake Capital Fund III, L.P. 2019
- Blue Lake Capital Fund II, L.P. 2017
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 805-1084408217. Data updated October 13, 2026.
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