New Ground Ventures, LP
NGV · adviser of record: NGV Management, LLC · 2014 vintage
New Ground Ventures, LP is a 2014 venture fund managed by NGV, with $12mm raised (Form D, amount sold). It reported $5.3mm in gross assets at year-end 2023, 0.44x its size, against a peak of $12.8mm in 2017.
- Latest value held
- $5.3mm year-end 2023
- Peak
- $12.8mm year-end 2017
- Fund size
- $12mm Form D, amount sold
- Held vs. size
- 0.44x peak 1.07x
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 |
|---|---|---|---|
| 2023 | $5.3mm | 0.44x | -34% |
| 2022 | $8mm | 0.67x | -22% |
| 2021 | $10.3mm | 0.86x | -5% |
| 2020 | $10.8mm | 0.90x | -6% |
| 2019 | $11.5mm | 0.96x | -2% |
| 2018 | $11.7mm | 0.97x | -9% |
| 2017 | $12.8mm | 1.07x | – |
Other funds from NGV
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 805-8058704095. Data updated October 13, 2026.
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