Yantacaw Capital
Venture fund · from SEC filings

GGV Capital VI L.P.

GGV Capital and Granite Asia) · adviser of record: GGV Capital LLC · 2016 vintage

GGV Capital VI L.P. is a 2016 venture fund managed by GGV Capital and Granite Asia), with $880mm raised (Form D, amount sold). It reported $944mm in gross assets at year-end 2024, 1.07x its size, against a peak of $2.1bn in 2021.

Latest value held
$944mm year-end 2024
Peak
$2.1bn year-end 2021
Fund size
$880mm Form D, amount sold
Held vs. size
1.07x peak 2.34x

Value held by year-end

$500mm$1bn$1.5bn$2bn$2.5bn201620172018201920202021202220232024

Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker

Year-endGross assets÷ sizeChange
2024$944mm1.07x+0%
2023$944mm1.07x-17%
2022$1.14bn1.29x-45%
2021$2.1bn2.34x+23%
2020$1.68bn1.90x+91%
2019$876mm1.00x+25%
2018$703mm0.80x+181%
2017$250mm0.28x+274%
2016$66.8mm0.08x–

What public pensions report

InvestorAs ofCommitmentCash back (DPI)Total (TVPI)Still held
Oregon PERS2025-12-31$45mm0.64x1.50x0.86x
CalSTRS2025-06-30$45mm0.61x1.65x1.05x

Latest report from each pension, as multiples of paid-in capital. Michigan reports dollar value held, shown under Still held.

Other funds from GGV Capital and Granite Asia)

All GGV Capital and Granite Asia) 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 805-3456468798. Data updated October 13, 2026.

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