Phoenix Venture Partners II LP
Phoenix Venture Partners · adviser of record: Phoenix Venture Partners, LLC · 2015 vintage
Phoenix Venture Partners II LP is a 2015 venture fund managed by Phoenix Venture Partners, with $63.5mm raised (Form D, amount sold). It reported $48.8mm in gross assets at year-end 2025, 0.77x its size, against a peak of $169mm in 2021.
- Latest value held
- $48.8mm year-end 2025
- Peak
- $169mm year-end 2021
- Fund size
- $63.5mm Form D, amount sold
- Held vs. size
- 0.77x peak 2.67x
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 | $48.8mm | 0.77x | -56% over 2 yrs |
| 2023 | $112mm | 1.76x | +34% |
| 2022 | $83.7mm | 1.32x | -51% |
| 2021 | $169mm | 2.67x | +13% |
| 2020 | $150mm | 2.36x | +38% |
| 2019 | $109mm | 1.71x | +6% |
| 2018 | $102mm | 1.61x | +25% |
| 2017 | $81.7mm | 1.29x | +6% |
| 2016 | $77.3mm | 1.22x | +51% |
| 2015 | $51.3mm | 0.81x | – |
Other funds from Phoenix Venture Partners
All Phoenix Venture 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 805-8691388393. Data updated October 13, 2026.
Is this your fund?
Spot an error and email a correction. Facing DPI pressure? See how distribution financing works.