Elevar Equity IV, LP
Elevar Equity · adviser of record: Elevar Equity Management LTD. · 2017 vintage
Elevar Equity IV, LP is a 2017 venture fund managed by Elevar Equity, with $37mm raised (Form D, amount sold). It reported $280mm in gross assets at year-end 2025, 7.58x its size, against a peak of $391mm in 2021.
- Latest value held
- $280mm year-end 2025
- Peak
- $391mm year-end 2021
- Fund size
- $37mm Form D, amount sold
- Held vs. size
- 7.58x peak 10.57x
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 | $280mm | 7.58x | -11% over 2 yrs |
| 2023 | $316mm | 8.54x | -14% |
| 2022 | $366mm | 9.90x | -6% |
| 2021 | $391mm | 10.57x | +155% |
| 2020 | $153mm | 4.15x | +31% |
| 2019 | $117mm | 3.15x | +17% |
| 2018 | $99.6mm | 2.69x | +169% |
| 2017 | $37mm | 1.00x | – |
Other funds from Elevar Equity
- Elevar India V, LP 2021
- Elevar Equity III, LP 2013
- Elevar Equity II, LP 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 805-6930029132. Data updated October 13, 2026.
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