Next Coast Ventures I, L.P.
Next Coast Ventures · adviser of record: Next Coast Ventures, LLC · 2015 vintage
Next Coast Ventures I, L.P. is a 2015 venture fund managed by Next Coast Ventures, with $87.9mm raised (Form D, amount sold). It reported $162mm in gross assets at year-end 2023, 1.85x its size, against a peak of $270mm in 2021.
- Latest value held
- $162mm year-end 2023
- Peak
- $270mm year-end 2021
- Fund size
- $87.9mm Form D, amount sold
- Held vs. size
- 1.85x peak 3.07x
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 | $162mm | 1.85x | -3% |
| 2022 | $167mm | 1.90x | -38% |
| 2021 | $270mm | 3.07x | +65% |
| 2020 | $164mm | 1.86x | +64% |
| 2019 | $99.6mm | 1.13x | +9% |
| 2018 | $91.6mm | 1.04x | +28% |
| 2017 | $71.8mm | 0.82x | +5% |
| 2016 | $68.3mm | 0.78x | +98% |
| 2015 | $34.5mm | 0.39x | – |
Other funds from Next Coast Ventures
- Next Coast Ventures III, L.P. 2021
- NCV Select I, L.P. 2021
- NCV Entrepreneurs Fund III, L.P. 2021
- Next Coast Ventures II, L.P. 2019
- NCV Entrepreneurs Fund II, L.P. 2019
- NCV Entrepreneurs Fund I, L.P. 2015
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 805-8147975066. Data updated October 13, 2026.
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