HCG Digital Ventures II, LP
HCG Fund · adviser of record: HCG Fund Management LP · 2020 vintage
HCG Digital Ventures II, LP is a 2020 venture fund managed by HCG Fund, with $4.1mm raised (Form D, amount sold). It reported $19.1mm in gross assets at year-end 2025, 4.61x its size, its highest reported value.
- Latest value held
- $19.1mm year-end 2025
- Peak
- $19.1mm year-end 2025
- Fund size
- $4.1mm Form D, amount sold
- Held vs. size
- 4.61x peak 4.61x
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 | $19.1mm | 4.61x | +41% over 2 yrs |
| 2023 | $13.5mm | 3.26x | +3% |
| 2022 | $13.2mm | 3.18x | +29% |
| 2021 | $10.2mm | 2.47x | – |
Other funds from HCG Fund
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 805-2773778393. Data updated October 13, 2026.
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