Converge Venture Partners Fund I LP
Converge Venture Partners · adviser of record: CVP Management, Inc. · 2012 vintage
Converge Venture Partners Fund I LP is a 2012 venture fund managed by Converge Venture Partners, with $26.5mm raised (Form D, amount sold). It reported $47.8mm in gross assets at year-end 2025, 1.80x its size, against a peak of $68.9mm in 2022.
- Latest value held
- $47.8mm year-end 2025
- Peak
- $68.9mm year-end 2022
- Fund size
- $26.5mm Form D, amount sold
- Held vs. size
- 1.80x peak 2.60x
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 | $47.8mm | 1.80x | -26% over 2 yrs |
| 2023 | $64.2mm | 2.42x | -7% |
| 2022 | $68.9mm | 2.60x | +1% |
| 2021 | $68.2mm | 2.57x | +56% |
| 2020 | $43.7mm | 1.65x | +56% |
| 2019 | $28mm | 1.06x | +22% |
| 2018 | $23mm | 0.87x | +33% |
| 2017 | $17.3mm | 0.65x | +8% |
| 2016 | $16mm | 0.60x | -40% |
| 2015 | $26.4mm | 1.00x | +4% |
| 2014 | $25.5mm | 0.96x | +100% |
| 2013 | $12.8mm | 0.48x | +12% |
| 2012 | $11.4mm | 0.43x | – |
Other funds from Converge Venture Partners
- Commonangels Fund III, L.P. 2012
- Commonangels CO-Investment Fund II, LLC 2012
- Commonangels Fund I, LLC 2012
All Converge Venture Partners 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 805-3841848378. Data updated October 13, 2026.
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