General Catalyst Group IX, LP
General Catalyst · adviser of record: General Catalyst Group Management, LLC · 2017 vintage
General Catalyst Group IX, LP is a 2017 venture fund managed by General Catalyst, with $1.38bn raised (Form D, amount sold). It reported $4.9bn in gross assets at year-end 2025, 3.59x its size, its highest reported value.
- Latest value held
- $4.9bn year-end 2025
- Peak
- $4.9bn year-end 2025
- Fund size
- $1.38bn Form D, amount sold
- Held vs. size
- 3.59x peak 3.59x
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 | $4.9bn | 3.59x | +25% over 2 yrs |
| 2023 | $4bn | 2.87x | -1% |
| 2022 | $4bn | 2.90x | -18% |
| 2021 | $4.9bn | 3.54x | +136% |
| 2020 | $2.1bn | 1.50x | +27% |
| 2019 | $1.63bn | 1.18x | +18% |
| 2018 | $1.38bn | 1.00x | -2% |
| 2017 | $1.41bn | 1.03x | – |
What registered funds report
| Holder | As of | Value of stake | Value ÷ cost |
|---|---|---|---|
| Franklin Lexington Private Markets Fund | 2026-06-30 | $16.1mm | – |
From SEC Form N-PORT, filed by mutual funds and other registered funds that hold an interest in this fund.
Other funds from General Catalyst
- General Catalyst Group XII, L.P. 2023
- General Catalyst Group XII - Creation, L.P. 2023
- Bear Coast (Ventures) Fund, LP 2023
- General Catalyst Group XII - Ignition, L.P. 2023
- General Catalyst Group XII - Endurance, L.P. 2023
- General Catalyst Group XII - Health Assurance, L.P. 2023
- GC Venture XI (S), LP 2023
- General Catalyst Group XI - Endurance, L.P. 2021
- General Catalyst Group XI - Ignition, L.P. 2021
- General Catalyst Group XI - Creation, L.P. 2021
- General Catalyst Group XI - Health Assurance, L.P. 2021
- General Catalyst Group XI - Feeder, 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 805-5650281010. Data updated October 13, 2026.
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