Bread And Butter Ventures Fund IV, LP
Bread And Butter Ventures · adviser of record: Bread And Butter Ventures, LLC · 2023 vintage
Bread And Butter Ventures Fund IV, LP is a 2023 venture fund managed by Bread And Butter Ventures, with $60mm raised (Form D target). It reported $41.9mm in gross assets at year-end 2025, 0.70x its size, its highest reported value.
- Latest value held
- $41.9mm year-end 2025
- Peak
- $41.9mm year-end 2025
- Fund size
- $60mm Form D target
- Held vs. size
- 0.70x peak 0.70x
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 | $41.9mm | 0.70x | +52% over 2 yrs |
| 2023 | $27.5mm | 0.46x | – |
Other funds from Bread And Butter Ventures
- Bread And Butter Ventures Fund III, LP 2023
- The Syndicate Fund, LP 2023
- Bread And Butter Ventures Fund II, LP 2018
All Bread And Butter Ventures funds
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 805-6163884707. Data updated October 13, 2026.
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