Fund 12
Azure Capital Partners · adviser of record: Azure Capital Partners LP · 2018 vintage
Fund 12 is a 2018 venture fund managed by Azure Capital Partners, with $10.2mm raised (Form D, amount sold). It reported $18.9mm in gross assets at year-end 2025, 1.86x its size, its highest reported value.
- Latest value held
- $18.9mm year-end 2025
- Peak
- $18.9mm year-end 2025
- Fund size
- $10.2mm Form D, amount sold
- Held vs. size
- 1.86x peak 1.86x
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 | $18.9mm | 1.86x | +64% over 2 yrs |
| 2023 | $11.5mm | 1.13x | -27% |
| 2022 | $15.8mm | 1.55x | +5% |
| 2021 | $15mm | 1.48x | +83% |
| 2020 | $8.2mm | 0.81x | +22% |
| 2019 | $6.8mm | 0.67x | -10% |
| 2018 | $7.5mm | 0.74x | – |
Other funds from Azure Capital Partners
- Fund 13 2019
- Fund 7 2017
- Fund 10 2015
- Fund 9 2011
- Fund 15 2011
- Fund 4 2011
- Fund 2 2011
- Fund 11 2011
- Fund 5 2011
- Fund 8 2011
All Azure Capital Partners funds
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 805-5329650037. Data updated October 13, 2026.
Is this your fund?
Spot an error and email a correction. Facing DPI pressure? See how distribution financing works.