Innovation Group Investors, L.P. (Series 1B)
Lightbank Asset · adviser of record: Lightbank Asset Management, LLC · 2011 vintage
Innovation Group Investors, L.P. (Series 1B) is a 2011 venture fund managed by Lightbank Asset. It reported $4.2mm in gross assets at year-end 2025, against a peak of $37mm in 2021.
- Latest value held
- $4.2mm year-end 2025
- Peak
- $37mm year-end 2021
- Fund size
- Not on file
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $4.2mm | – | -71% over 2 yrs |
| 2023 | $14.7mm | – | -2% |
| 2022 | $15mm | – | -59% |
| 2021 | $37mm | – | +374% over 3 yrs |
| 2018 | $7.8mm | – | +66% |
| 2017 | $4.7mm | – | +24% |
| 2016 | $3.8mm | – | +3% |
| 2015 | $3.7mm | – | +42% |
| 2014 | $2.6mm | – | +160% |
| 2013 | $1mm | – | +0% |
| 2012 | $1mm | – | +0% |
| 2011 | $1mm | – | – |
Other funds from Lightbank Asset
- Lightbank II, L.P. 2020
- Lightbank Investments 1B, LLC 2014
- Innovation Group Investors, L.P. (2011 Series) 2011
- Innovation Group Investors, L.P. (2010-A Series) 2011
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 805-9010382694. Data updated October 13, 2026.
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