Red & Blue Penn & Hunt Annex Fund LP
Red & Blue · adviser of record: Red & Blue Management Company, LLC · 2018 vintage
Red & Blue Penn & Hunt Annex Fund LP is a 2018 venture fund managed by Red & Blue, with $3.1mm raised (Form D, amount sold). It reported $575k in gross assets at year-end 2025, 0.19x its size, against a peak of $7.8mm in 2021.
- Latest value held
- $575k year-end 2025
- Peak
- $7.8mm year-end 2021
- Fund size
- $3.1mm Form D, amount sold
- Held vs. size
- 0.19x peak 2.52x
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 | $575k | 0.19x | -77% over 2 yrs |
| 2023 | $2.5mm | 0.81x | -56% |
| 2022 | $5.8mm | 1.86x | -26% |
| 2021 | $7.8mm | 2.52x | +44% |
| 2020 | $5.4mm | 1.75x | +84% |
| 2019 | $2.9mm | 0.95x | – |
Other funds from Red & Blue
- Red & Blue Burrow Annex Fund II LP 2021
- Red & Blue Neuroflow Annex Fund LP 2021
- Red & Blue Ventures II LP 2019
- Red & Blue SS Annex Fund LP 2017
- Red & Blue Ventures I LP 2016
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 805-2554736105. Data updated October 13, 2026.
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