Mercury Fund Affiliates V, LP
Mercury Fund · adviser of record: Mercury Partners Management, LLC · 2022 vintage
Mercury Fund Affiliates V, LP is a 2022 venture fund managed by Mercury Fund, with $128mm raised (Form D, amount sold). It reported $20.8mm in gross assets at year-end 2025, 0.16x its size, its highest reported value.
- Latest value held
- $20.8mm year-end 2025
- Peak
- $20.8mm year-end 2025
- Fund size
- $128mm Form D, amount sold
- Held vs. size
- 0.16x peak 0.16x
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 | $20.8mm | 0.16x | +220% over 2 yrs |
| 2023 | $6.5mm | 0.05x | +122% |
| 2022 | $2.9mm | 0.02x | – |
Other funds from Mercury Fund
- Mercury Fund V, LP 2022
- Mercury Fund Affiliates IV, LP 2020
- Mercury Fund IV, LP 2018
- Mercury Fund III, L.P. 2013
- Mercury Fund III Affiliates, L.P. 2013
- DFJ Mercury II, L.P. 2011
- Draper Fisher Jurvetson Mercury Venture Partners, L.P. 2011
- DFJ Mercury Silverstone Fund, LP 2011
- DFJ Mercury I Annex Fund, L.P. 2011
- DFJ Mercury II Affiliates Fund, LP 2011
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 805-6476487708. Data updated October 13, 2026.
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