K5 Tokyo Black Fund I, LP
K5 Global · adviser of record: K5 Global Advisor LLC · 2023 vintage
K5 Tokyo Black Fund I, LP is a 2023 venture fund managed by K5 Global, with $87.8mm raised (Form D, amount sold). It reported $118mm in gross assets at year-end 2025, 1.35x its size, its highest reported value.
- Latest value held
- $118mm year-end 2025
- Peak
- $118mm year-end 2025
- Fund size
- $87.8mm Form D, amount sold
- Held vs. size
- 1.35x peak 1.35x
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 | $118mm | 1.35x | +56% over 2 yrs |
| 2023 | $75.6mm | 0.86x | – |
Other funds from K5 Global
- K5 Tech Fund I, LP 2023
- K5 Tech Fund I, LP - Series 102 2023
- K5 Tech Fund I, LP - Series 101 2023
- K5 Laredo I, LLC 2023
- Horizons Boring, LLC 2022
- K5 Global Technology Fund, LP - Series Boring 2022
- K5 Space Exploration LP - Series 3 2022
- K5 Global Ventures, LP - Series I 2021
- J.P. Morgan Tech Investments II, LP 2021
- K5 Space Exploration LP - Series 2 2021
- MBK Capital, LP - Series 110 2021
- MBK Capital, LP - Series 106 2021
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 805-6473277851. Data updated October 13, 2026.
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