Bond II, LP
BOND · adviser of record: Bond Capital Management, LP · 2021 vintage
Bond II, LP is a 2021 venture fund managed by BOND, with $2bn raised (Form D, amount sold). It reported $1.95bn in gross assets at year-end 2025, 0.98x its size, against a peak of $2.4bn in 2021.
- Latest value held
- $1.95bn year-end 2025
- Peak
- $2.4bn year-end 2021
- Fund size
- $2bn Form D, amount sold
- Held vs. size
- 0.98x peak 1.20x
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 | $1.95bn | 0.98x | +9% over 2 yrs |
| 2023 | $1.79bn | 0.89x | -15% |
| 2022 | $2.1bn | 1.06x | -12% |
| 2021 | $2.4bn | 1.20x | – |
What registered funds report
| Holder | As of | Value of stake | Value ÷ cost |
|---|---|---|---|
| Hamilton Lane Venture Capital & Growth Fund | 2026-06-30 | $5.6mm | 1.58x |
From SEC Form N-PORT, filed by mutual funds and other registered funds that hold an interest in this fund.
Other funds from BOND
- Bond III, LP 2022
- Bond III Founders Fund, LP 2022
- Bond II Founders Fund, LP 2021
- Bond Capital Founders Fund, LP 2019
- Bond Capital Fund, LP 2018
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 805-6220519065. Data updated October 13, 2026.
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