Ponoi Capital II, LP
The Column Group · adviser of record: The Column Group Management LP · 2018 vintage
Ponoi Capital II, LP is a 2018 venture fund managed by The Column Group, with $100mm raised (Form D, amount sold). It reported $81.6mm in gross assets at year-end 2025, 0.82x its size, against a peak of $385mm in 2023.
- Latest value held
- $81.6mm year-end 2025
- Peak
- $385mm year-end 2023
- Fund size
- $100mm Form D, amount sold
- Held vs. size
- 0.82x peak 3.85x
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 | $81.6mm | 0.82x | -79% over 2 yrs |
| 2023 | $385mm | 3.85x | +163% |
| 2022 | $147mm | 1.47x | -6% |
| 2021 | $156mm | 1.56x | -34% |
| 2020 | $235mm | 2.35x | +11% |
| 2019 | $211mm | 2.11x | +36% |
| 2018 | $155mm | 1.55x | – |
Other funds from The Column Group
- The Column Group Opportunity III LP 2022
- The Column Group V LP 2022
- The Column Group SPV I, LP 2022
- The Column Group - Neuro, LP 2021
- The Column Group IV, LP 2019
- Ponoi Capital LP 2016
- The Column Group Iiia, LP 2016
- The Column Group II, LP 2013
- The Column Group, LP 2011
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 805-9548564334. Data updated October 13, 2026.
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