Iterative Fund II, LP
Iterative Capital · adviser of record: Iterative Capital, LLC · 2022 vintage
Iterative Fund II, LP is a 2022 venture fund managed by Iterative Capital, with $58.2mm raised (Form D, amount sold). It reported $53.5mm in gross assets at year-end 2025, 0.92x its size, against a peak of $63.4mm in 2023.
- Latest value held
- $53.5mm year-end 2025
- Peak
- $63.4mm year-end 2023
- Fund size
- $58.2mm Form D, amount sold
- Held vs. size
- 0.92x peak 1.09x
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 | $53.5mm | 0.92x | -16% over 2 yrs |
| 2023 | $63.4mm | 1.09x | +512% |
| 2022 | $10.4mm | 0.18x | – |
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 805-1314031609. Data updated October 13, 2026.
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