HC9 Ventures I, L.P.
RCJ Ventures · adviser of record: RCJ Ventures Management, LLC · 2021 vintage
HC9 Ventures I, L.P. is a 2021 venture fund managed by RCJ Ventures, with $83.2mm raised (Form D, amount sold). It reported $78.7mm in gross assets at year-end 2025, 0.95x its size, its highest reported value.
- Latest value held
- $78.7mm year-end 2025
- Peak
- $78.7mm year-end 2025
- Fund size
- $83.2mm Form D, amount sold
- Held vs. size
- 0.95x peak 0.95x
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 | $78.7mm | 0.95x | +2% over 2 yrs |
| 2023 | $77.4mm | 0.93x | +0% |
| 2022 | $77.4mm | 0.93x | +102% |
| 2021 | $38.3mm | 0.46x | – |
Other funds from RCJ Ventures
- HC9 SPV F-II LLC 2023
- HC9 SPV F-I, LLC 2022
- HC9 Ventures I-R, L.P. 2022
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 805-1838230466. Data updated October 13, 2026.
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