Phoenix Equity Partners 2022 Fund
Phoenix Equity Partners · adviser of record: Phoenix Equity Partners Limited · 2021 vintage
Phoenix Equity Partners 2022 Fund is a 2021 venture fund managed by Phoenix Equity Partners, with $516mm raised (Form D, amount sold). It reported $754mm in gross assets at year-end 2025, 1.46x its size, its highest reported value.
- Latest value held
- $754mm year-end 2025
- Peak
- $754mm year-end 2025
- Fund size
- $516mm Form D, amount sold
- Held vs. size
- 1.46x peak 1.46x
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 | $754mm | 1.46x | +462% over 2 yrs |
| 2023 | $134mm | 0.26x | -9% |
| 2022 | $147mm | 0.29x | +0% |
| 2021 | $147mm | 0.29x | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| Colorado PERA | 2025-12-31 | $40mm | -0.03x | – | – |
Latest report from each pension, as multiples of paid-in capital. Michigan reports dollar value held, shown under Still held.
Other funds from Phoenix Equity Partners
All Phoenix Equity Partners 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 805-3531918862. Data updated October 13, 2026.
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