Red Swan Ventures IV, L.P.
Red Swan Ventures · adviser of record: Red Swan Ventures Management, LLC · 2021 vintage
Red Swan Ventures IV, L.P. is a 2021 venture fund managed by Red Swan Ventures, with $31.4mm raised (Form D, amount sold). It reported $12.1mm in gross assets at year-end 2025, 0.39x its size, against a peak of $15mm in 2021.
- Latest value held
- $12.1mm year-end 2025
- Peak
- $15mm year-end 2021
- Fund size
- $31.4mm Form D, amount sold
- Held vs. size
- 0.39x peak 0.48x
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 | $12.1mm | 0.39x | -0% over 2 yrs |
| 2023 | $12.2mm | 0.39x | -19% |
| 2022 | $15mm | 0.48x | +0% |
| 2021 | $15mm | 0.48x | – |
Other funds from Red Swan Ventures
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 805-9777620521. Data updated October 13, 2026.
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