BVCF IV, L.P.
BVCF · adviser of record: BVCF Management LTD. · 2017 vintage
BVCF IV, L.P. is a 2017 venture fund managed by BVCF, with $41mm raised (Form D, amount sold). It reported $94.7mm in gross assets at year-end 2025, 2.31x its size, against a peak of $137mm in 2022.
- Latest value held
- $94.7mm year-end 2025
- Peak
- $137mm year-end 2022
- Fund size
- $41mm Form D, amount sold
- Held vs. size
- 2.31x peak 3.35x
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 | $94.7mm | 2.31x | -30% over 2 yrs |
| 2023 | $136mm | 3.32x | -1% |
| 2022 | $137mm | 3.35x | +4% |
| 2021 | $132mm | 3.22x | -3% |
| 2020 | $137mm | 3.33x | +18% |
| 2019 | $116mm | 2.83x | +16% |
| 2018 | $100mm | 2.44x | -21% |
| 2017 | $128mm | 3.11x | – |
Other funds from BVCF
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 805-8030151711. Data updated October 13, 2026.
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