Pace Capital Fund II LP
Pace Capital · adviser of record: Pace Capital Management LLC · 2021 vintage
Pace Capital Fund II LP is a 2021 venture fund managed by Pace Capital, with $250mm raised (Form D, amount sold). It reported $226mm in gross assets at year-end 2025, 0.91x its size, against a peak of $250mm in 2021.
- Latest value held
- $226mm year-end 2025
- Peak
- $250mm year-end 2021
- Fund size
- $250mm Form D, amount sold
- Held vs. size
- 0.91x peak 1.00x
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 | $226mm | 0.91x | -7% over 2 yrs |
| 2023 | $243mm | 0.97x | -3% |
| 2022 | $250mm | 1.00x | +0% |
| 2021 | $250mm | 1.00x | – |
Other funds from Pace Capital
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 805-1763790102. Data updated October 13, 2026.
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