Pangaea Ventures Fund IV (Delaware), LP
Pangaea Ventures US · adviser of record: Pangaea Ventures US Inc. · 2018 vintage
Pangaea Ventures Fund IV (Delaware), LP is a 2018 venture fund managed by Pangaea Ventures US, with $7.5mm raised (Form D, amount sold). It reported $12mm in gross assets at year-end 2025, 1.60x its size, against a peak of $15mm in 2020.
- Latest value held
- $12mm year-end 2025
- Peak
- $15mm year-end 2020
- Fund size
- $7.5mm Form D, amount sold
- Held vs. size
- 1.60x peak 2.00x
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 | $12mm | 1.60x | -20% over 2 yrs |
| 2023 | $15mm | 2.00x | +0% |
| 2022 | $15mm | 2.00x | +0% |
| 2021 | $15mm | 2.00x | +0% |
| 2020 | $15mm | 2.00x | +22% |
| 2019 | $12.3mm | 1.63x | -3% |
| 2018 | $12.7mm | 1.69x | – |
Other funds from Pangaea Ventures US
- Pangaea Ventures Impact Fund LP 2022
- Pangaea Partners LLC 2021
- Pangaea Ventures Fund IV, LP 2016
- Pangaea Ventures Fund III LP 2014
- Pangaea Ventures Fund II LP 2014
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 805-9770712020. Data updated October 13, 2026.
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