Bluecross Blueshield Venture Partners II, L.P.
Sandbox Industries · adviser of record: Sandbox Investment Management, LLC · 2011 vintage
Bluecross Blueshield Venture Partners II, L.P. is a 2011 venture fund managed by Sandbox Industries. It reported $64.7mm in gross assets at year-end 2025, against a peak of $250mm in 2021.
- Latest value held
- $64.7mm year-end 2025
- Peak
- $250mm year-end 2021
- Fund size
- Not on file
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $64.7mm | – | +28% over 2 yrs |
| 2023 | $50.5mm | – | -55% |
| 2022 | $111mm | – | -55% |
| 2021 | $250mm | – | +19% |
| 2020 | $210mm | – | -9% |
| 2019 | $230mm | – | +28% |
| 2018 | $180mm | – | -17% |
| 2017 | $216mm | – | +5% |
| 2016 | $206mm | – | +104% |
| 2015 | $101mm | – | -47% |
| 2014 | $189mm | – | +0% |
| 2013 | $189mm | – | +6% |
| 2012 | $179mm | – | +0% |
| 2011 | $179mm | – | – |
Other funds from Sandbox Industries
- Bluecross Blueshield Venture Partners III, LLC 2015
- Healthbox Europe I, L.P. 2012
- Bluecross Blueshield Venture Partners, L.P. 2011
- Sandbox Advantage Fund, L.P. 2011
- Sandbox CO-Investment Fund I, L.P. 2011
- Sandbox Ventures, L.P. 2011
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 805-1770377220. Data updated October 13, 2026.
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