Cleveland Avenue Food And Beverage Fund II, LP
Cleveland Avenue · adviser of record: Cleveland Avenue Advisers, LLC · 2020 vintage
Cleveland Avenue Food And Beverage Fund II, LP is a 2020 venture fund managed by Cleveland Avenue, with $500mm raised (Form D, amount sold). It reported $321mm in gross assets at year-end 2025, 0.64x its size, against a peak of $533mm in 2021.
- Latest value held
- $321mm year-end 2025
- Peak
- $533mm year-end 2021
- Fund size
- $500mm Form D, amount sold
- Held vs. size
- 0.64x peak 1.07x
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 | $321mm | 0.64x | -27% over 2 yrs |
| 2023 | $442mm | 0.88x | -12% |
| 2022 | $500mm | 1.00x | -6% |
| 2021 | $533mm | 1.07x | – |
Other funds from Cleveland Avenue
- CA Tech Fund I, LP 2021
- Cleveland Avenue Food And Beverage Fund I, LP 2021
- Cleveland Avenue Food And Beverage Partners Fund I, LP 2021
- Cleveland Avenue State Treasurer's Urban Success Fund, LP 2020
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 805-6493934526. Data updated October 13, 2026.
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