RA Capital Nexus II Fund, L.P.
RA Capital · adviser of record: RA Capital Management, LP · 2020 vintage
RA Capital Nexus II Fund, L.P. is a 2020 venture fund managed by RA Capital. It reported $332mm in gross assets at year-end 2025, against a peak of $513mm in 2021.
- Latest value held
- $332mm year-end 2025
- Peak
- $513mm year-end 2021
- Fund size
- Not on file
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $332mm | – | -23% over 2 yrs |
| 2023 | $430mm | – | -12% |
| 2022 | $487mm | – | -5% |
| 2021 | $513mm | – | +10% |
| 2020 | $466mm | – | – |
What registered funds report
| Holder | As of | Value of stake | Value ÷ cost |
|---|---|---|---|
| First Trust Private Assets Fund | 2026-06-30 | $116k | – |
From SEC Form N-PORT, filed by mutual funds and other registered funds that hold an interest in this fund.
Other funds from RA Capital
- RA Capital Planetary Health Fund, LP 2022
- RA Capital Nexus III Fund, L.P. 2021
- RA Capital Nexus Fund, L.P. 2018
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 805-7928693012. Data updated October 13, 2026.
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