DFJ Growth IV, LP
DFJ Growth · adviser of record: DFJ Growth Management, LLC · 2020 vintage
DFJ Growth IV, LP is a 2020 venture fund managed by DFJ Growth, with $810mm raised (Form D, amount sold). It reported $2bn in gross assets at year-end 2025, 2.51x its size, its highest reported value.
- Latest value held
- $2bn year-end 2025
- Peak
- $2bn year-end 2025
- Fund size
- $810mm Form D, amount sold
- Held vs. size
- 2.51x peak 2.51x
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 | 2.51x | +98% over 2 yrs |
| 2023 | $1.03bn | 1.27x | -0% |
| 2022 | $1.03bn | 1.28x | -4% |
| 2021 | $1.08bn | 1.33x | +91% |
| 2020 | $565mm | 0.70x | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| LAFPP | 2025-12-31 | $20mm | 0.00x | 1.97x | 1.97x |
Latest report from each pension, as multiples of paid-in capital. Michigan reports dollar value held, shown under Still held.
Other funds from DFJ Growth
- DFJ Growth V, L.P. 2023
- DFJ Growth NL Investors I, L.P. 2023
- DFJ Growth Andl Investors, L.P. 2023
- DFJ Growth SPX Investors IV, L.P. 2022
- DFJ Growth X-I, L.P. 2022
- DFJ Growth SPX Investors II, LP 2020
- DFJ Growth SPX Investors III, LP 2020
- DFJ Growth SPX Investors, LP 2018
- DFJ Growth III, L.P. 2016
- DFJ Growth Unity Investors, L.P. 2016
- DFJ Growth 2013, L.P. 2013
- DFJ Growth 2006 Continuation, L.P. 2011
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 805-2836032460. Data updated October 13, 2026.
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