Iron Pillar Fund II LTD
Iron Pillar · adviser of record: Iron Pillar Holdings LTD. · 2021 vintage
Iron Pillar Fund II LTD is a 2021 venture fund managed by Iron Pillar, with $129mm raised (Form D, amount sold). It reported $104mm in gross assets at year-end 2025, 0.81x its size, against a peak of $118mm in 2023.
- Latest value held
- $104mm year-end 2025
- Peak
- $118mm year-end 2023
- Fund size
- $129mm Form D, amount sold
- Held vs. size
- 0.81x peak 0.92x
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 | $104mm | 0.81x | -12% over 2 yrs |
| 2023 | $118mm | 0.92x | +10% |
| 2022 | $108mm | 0.84x | +184% |
| 2021 | $37.9mm | 0.29x | – |
Other funds from Iron Pillar
- IP SLT II Holdings, LLC 2023
- Iron Pillar PCC 2021
- Iron Pillar Top Up Fund 2019
- Iron Pillar Fund I LTD 2017
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 805-9700885186. Data updated October 13, 2026.
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