By Capital 1 GMBH & CO. KG
By Crypto · adviser of record: By Crypto Management, LLC · 2015 vintage
By Capital 1 GMBH & CO. KG is a 2015 venture fund managed by By Crypto, with $111mm raised (Form D, amount sold). It reported $126mm in gross assets at year-end 2025, 1.13x its size, against a peak of $465mm in 2020.
- Latest value held
- $126mm year-end 2025
- Peak
- $465mm year-end 2020
- Fund size
- $111mm Form D, amount sold
- Held vs. size
- 1.13x peak 4.19x
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 | $126mm | 1.13x | -25% over 2 yrs |
| 2023 | $167mm | 1.51x | -20% |
| 2022 | $208mm | 1.88x | -15% |
| 2021 | $244mm | 2.20x | -47% |
| 2020 | $465mm | 4.19x | +273% |
| 2019 | $125mm | 1.12x | +8% |
| 2018 | $116mm | 1.04x | -3% |
| 2017 | $120mm | 1.08x | +0% |
| 2016 | $120mm | 1.08x | +0% |
| 2015 | $120mm | 1.08x | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| UTIMCO | 2025-08-31 | – | – | – | $27mm |
Latest report from each pension, as multiples of paid-in capital. Where a pension reports only the value it holds, that value is shown in dollars under Still held. Linked dates go to the pension’s report.
Other funds from By Crypto
- By Capital 3 GMBH & CO. KG 2022
- By Capital 1 Alternative GMBH & CO. KG 2021
- By Capital 2 GMBH & CO. KG 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 805-6359779167. Data updated October 13, 2026.
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