HLVP I, L.P.
Third Kind Venture Capital · adviser of record: Third Kind Venture Capital, LLC · 2016 vintage
HLVP I, L.P. is a 2016 venture fund managed by Third Kind Venture Capital, with $5mm raised (first report). It reported $4.2mm in gross assets at year-end 2025, 0.83x its size, against a peak of $181mm in 2016.
- Latest value held
- $4.2mm year-end 2025
- Peak
- $181mm year-end 2016
- Fund size
- $5mm first report
- Held vs. size
- 0.83x peak 36.17x
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 | $4.2mm | 0.83x | +71% over 2 yrs |
| 2023 | $2.4mm | 0.49x | +0% |
| 2022 | $2.4mm | 0.49x | +0% |
| 2021 | $2.4mm | 0.49x | -49% |
| 2020 | $4.8mm | 0.96x | -39% |
| 2019 | $7.9mm | 1.58x | -94% |
| 2018 | $123mm | 24.60x | -19% |
| 2017 | $152mm | 30.39x | -16% |
| 2016 | $181mm | 36.17x | – |
Other funds from Third Kind Venture Capital
- Third Kind Venture Capital III, L.P. 2020
- Third Kind Venture Capital II, L.P. 2018
- HLVP II, L.P. 2016
- Third Kind Venture Capital I, L.P. 2016
- HLVP III, L.P. 2016
- HLVP Follow On Fund, L.P. 2016
All Third Kind Venture Capital 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 805-5850181204. Data updated October 13, 2026.
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