Divergent Capital I, LP
Divergent Capital · adviser of record: Divergent Capital Management Company, LLC · 2021 vintage
Divergent Capital I, LP is a 2021 venture fund managed by Divergent Capital, with $30mm raised (Form D, amount sold). It reported $41.1mm in gross assets at year-end 2025, 1.37x its size, its highest reported value.
- Latest value held
- $41.1mm year-end 2025
- Peak
- $41.1mm year-end 2025
- Fund size
- $30mm Form D, amount sold
- Held vs. size
- 1.37x peak 1.37x
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 | $41.1mm | 1.37x | +24% over 2 yrs |
| 2023 | $33.2mm | 1.11x | +11% |
| 2022 | $30mm | 1.00x | – |
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 805-1013248918. Data updated October 13, 2026.
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