Fifth Wall Ventures II, L.P.
Fifth Wall · adviser of record: Fifth Wall Ventures Management, LLC · 2018 vintage
Fifth Wall Ventures II, L.P. is a 2018 venture fund managed by Fifth Wall, with $498mm raised (Form D, amount sold). It reported $864mm in gross assets at year-end 2025, 1.74x its size, against a peak of $1.03bn in 2021.
- Latest value held
- $864mm year-end 2025
- Peak
- $1.03bn year-end 2021
- Fund size
- $498mm Form D, amount sold
- Held vs. size
- 1.74x peak 2.06x
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 | $864mm | 1.74x | -5% over 2 yrs |
| 2023 | $905mm | 1.82x | -8% |
| 2022 | $984mm | 1.98x | -4% |
| 2021 | $1.03bn | 2.06x | +104% |
| 2020 | $504mm | 1.01x | +1% |
| 2019 | $501mm | 1.01x | +15% |
| 2018 | $437mm | 0.88x | – |
Other funds from Fifth Wall
- Fifth Wall Ventures SPV Xxxix, LP 2023
- Fifth Wall Ventures SPV Xxxviii, LP 2023
- Fifth Wall Ventures SPV Xxi, LP 2023
- Fifth Wall Ventures III SPV Xxviii, L.P. 2022
- Fifth Wall Ventures SPV Xxxvii, L.P. 2022
- Fifth Wall Ventures SPV XXX, L.P. 2022
- Fifth Wall Ventures SPV Xxix, L.P. 2022
- Fifth Wall Ventures SPV Xxxii, L.P. 2022
- Fifth Wall Ventures SPV Xxxi, L.P. 2022
- Fifth Wall Early-Stage Ventures, L.P. 2021
- Fifth Wall Ventures III, L.P. 2021
- Fifth Wall Late-Stage Climate Technology Fund, L.P. 2021
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 805-6070318079. Data updated October 13, 2026.
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