Cosmic - Bet 4, L.P.
Enigma Global · adviser of record: Enigma Global, LLC · 2025 vintage
Cosmic - Bet 4, L.P. is a 2025 venture fund managed by Enigma Global, with $400mm raised (Form D, amount sold). It reported $2bn in gross assets at year-end 2025, 5.12x its size, its highest reported value.
- Latest value held
- $2bn year-end 2025
- Peak
- $2bn year-end 2025
- Fund size
- $400mm Form D, amount sold
- Held vs. size
- 5.12x peak 5.12x
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 | $2bn | 5.12x | – |
What registered funds report
| Holder | As of | Value of stake | Value ÷ cost |
|---|---|---|---|
| StepStone Private Venture & Growth Fund | 2026-06-30 | $12.2mm | 1.12x |
From SEC Form N-PORT, filed by mutual funds and other registered funds that hold an interest in this fund.
Other funds from Enigma Global
- Cosmic - Aleph 4, L.P. 2025
- Cosmic - Bet 4 Durable, L.P. 2025
- Cosmic 20251, LP 2025
- Cosmic 20252, LP 2025
- Cosmic 20253, L.P. 2025
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 805-5711594322. Data updated October 13, 2026.
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