Yantacaw Capital
Venture fund · from SEC filings

Morningside China TMT Top Up Fund, L.P

Morningside Venture Capital · adviser of record: Morningside Venture Capital Limited · 2014 vintage

Morningside China TMT Top Up Fund, L.P is a 2014 venture fund managed by Morningside Venture Capital, with $50.9mm raised (Form D, amount sold). It reported $27.9mm in gross assets at year-end 2025, 0.55x its size, against a peak of $600mm in 2015.

Latest value held
$27.9mm year-end 2025
Peak
$600mm year-end 2015
Fund size
$50.9mm Form D, amount sold
Held vs. size
0.55x peak 11.79x

Value held by year-end

$200mm$400mm$600mm20152016201720182019202020212022202320242025

Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker

Year-endGross assets÷ sizeChange
2025$27.9mm0.55x-65% over 2 yrs
2023$79mm1.55x+0%
2022$79mm1.55x-59%
2021$191mm3.75x-44%
2020$343mm6.73x+111%
2019$162mm3.18x-14%
2018$188mm3.70x+68%
2017$112mm2.20x-81%
2016$600mm11.79x+0%
2015$600mm11.79x–

Other funds from Morningside Venture Capital

All Morningside Venture Capital funds

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 805-9300682491. Data updated October 13, 2026.

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