Powerplant Ventures II, L.P.
Powerplant · adviser of record: Powerplant Management, LLC · 2017 vintage
Powerplant Ventures II, L.P. is a 2017 venture fund managed by Powerplant, with $165mm raised (Form D, amount sold). It reported $116mm in gross assets at year-end 2025, 0.70x its size, against a peak of $239mm in 2021.
- Latest value held
- $116mm year-end 2025
- Peak
- $239mm year-end 2021
- Fund size
- $165mm Form D, amount sold
- Held vs. size
- 0.70x peak 1.45x
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 | $116mm | 0.70x | -27% over 2 yrs |
| 2023 | $159mm | 0.96x | -8% |
| 2022 | $173mm | 1.05x | -28% |
| 2021 | $239mm | 1.45x | +33% |
| 2020 | $180mm | 1.09x | +0% |
| 2019 | $180mm | 1.09x | +220% |
| 2018 | $56.2mm | 0.34x | +18% |
| 2017 | $47.7mm | 0.29x | – |
Other funds from Powerplant
- Powerplant Ventures III, L.P. 2021
- Groundforce Miyoko's SPV, LLC 2021
- Owyn SPV, LLC 2021
- Powerplant Ventures II-A, L.P. 2018
- Powerplant Ventures, L.P. 2016
- Powerplant Ventures, L.P. 2015
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 805-2482556220. Data updated October 13, 2026.
Is this your fund?
Spot an error and email a correction. Facing DPI pressure? See how distribution financing works.