March Capital Opportunity Fund II, LP
March Capital · adviser of record: March Venture Capital Management Services, LLC · 2017 vintage
March Capital Opportunity Fund II, LP is a 2017 venture fund managed by March Capital, with $145mm raised (Form D, amount sold). It reported $248mm in gross assets at year-end 2025, 1.71x its size, against a peak of $361mm in 2021.
- Latest value held
- $248mm year-end 2025
- Peak
- $361mm year-end 2021
- Fund size
- $145mm Form D, amount sold
- Held vs. size
- 1.71x peak 2.48x
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 | $248mm | 1.71x | -5% over 2 yrs |
| 2023 | $262mm | 1.80x | -1% |
| 2022 | $266mm | 1.83x | -26% |
| 2021 | $361mm | 2.48x | +88% |
| 2020 | $192mm | 1.32x | +10% |
| 2019 | $174mm | 1.20x | +129% |
| 2018 | $75.9mm | 0.52x | +356% |
| 2017 | $16.6mm | 0.11x | – |
What registered funds report
| Holder | As of | Value of stake | Value ÷ cost |
|---|---|---|---|
| StepStone Private Venture & Growth Fund | 2026-06-30 | $65k | 1.51x |
From SEC Form N-PORT, filed by mutual funds and other registered funds that hold an interest in this fund.
Other funds from March Capital
- March Nile Investments LLC 2023
- March Xage Investments LLC 2023
- March Capital Partners Fund IV, LP 2021
- March Uniphore Investments LLC 2021
- March Capital Gaming Fund II, LP 2021
- March Suki Investments LLC 2021
- March Thoughtspot Investments LLC 2021
- MCG II Investments LLC 2021
- March Generate Investments LLC 2021
- March Asapp Investments LLC 2021
- March Forter Investments LLC 2021
- March KNOWBE4 SPV LLC 2020
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 805-8129208993. Data updated October 13, 2026.
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