Operator Collective Fund II, L.P.
Operator Collective · adviser of record: Operator Collective Management, L.L.C. · 2021 vintage
Operator Collective Fund II, L.P. is a 2021 venture fund managed by Operator Collective, with $10mm raised (Form D, amount sold). It reported $10.6mm in gross assets at year-end 2025, 1.06x its size, its highest reported value.
- Latest value held
- $10.6mm year-end 2025
- Peak
- $10.6mm year-end 2025
- Fund size
- $10mm Form D, amount sold
- Held vs. size
- 1.06x peak 1.06x
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 | $10.6mm | 1.06x | +47% over 2 yrs |
| 2023 | $7.2mm | 0.72x | +273% |
| 2022 | $1.9mm | 0.19x | -27% |
| 2021 | $2.6mm | 0.26x | – |
Other funds from Operator Collective
- Operator Collective Fund II - Q, L.P. 2021
- Operator Collective Capital II, LLC 2021
- Operator Collective Capital I, LLC 2021
- Operator Collective Fund-Q, L.P. 2019
- Operator Collective Fund, L.P. 2018
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 805-1017612133. Data updated October 13, 2026.
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