Perceptive Xontogeny Venture Fund II, LP
Perceptive Advisors Llc. · adviser of record: Perceptive Advisors LLC. · 2018 vintage
Perceptive Xontogeny Venture Fund II, LP is a 2018 venture fund managed by Perceptive Advisors Llc., with $169mm raised (Form D, amount sold). It reported $500mm in gross assets at year-end 2025, 2.96x its size, against a peak of $550mm in 2022.
- Latest value held
- $500mm year-end 2025
- Peak
- $550mm year-end 2022
- Fund size
- $169mm Form D, amount sold
- Held vs. size
- 2.96x peak 3.25x
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 | $500mm | 2.96x | -2% over 2 yrs |
| 2023 | $508mm | 3.00x | -8% |
| 2022 | $550mm | 3.25x | +643% |
| 2021 | $74mm | 0.44x | – |
| 2020 | $0k | 0.00x | – |
Other funds from Perceptive Advisors Llc.
All Perceptive Advisors Llc. funds
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 805-6861289470. Data updated October 13, 2026.
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