IP Successor Fund 21 L.P.
Lake Bridge Capital · adviser of record: Lake Bridge Capital II Inc. · 2016 vintage
IP Successor Fund 21 L.P. is a 2016 venture fund managed by Lake Bridge Capital. It reported $127mm in gross assets at year-end 2019, against a peak of $139mm in 2018.
- Latest value held
- $127mm year-end 2019
- Peak
- $139mm year-end 2018
- 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 |
|---|---|---|---|
| 2019 | $127mm | – | -8% |
| 2018 | $139mm | – | +51% |
| 2017 | $92.1mm | – | +0% |
| 2016 | $92.1mm | – | – |
Other funds from Lake Bridge Capital
- Celestial Successor Fund, L.P. 2019
- Celestial Successor Fund, L.P. 2016
- IP Successor Fund 21 L.P. 2015
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 805-5624185206. Data updated October 13, 2026.
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