RLV51 Fund, L.P.
Hinge Capital · adviser of record: VENTURE51 LLC · 2015 vintage
RLV51 Fund, L.P. is a 2015 venture fund managed by Hinge Capital, with $3.1mm raised (Form D, amount sold). It reported $185mm in gross assets at year-end 2025, 59.78x its size, against a peak of $234mm in 2019.
- Latest value held
- $185mm year-end 2025
- Peak
- $234mm year-end 2019
- Fund size
- $3.1mm Form D, amount sold
- Held vs. size
- 59.78x peak 75.46x
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 | $185mm | 59.78x | -21% over 2 yrs |
| 2023 | $234mm | 75.43x | -0% |
| 2022 | $234mm | 75.43x | +0% |
| 2021 | $234mm | 75.43x | -0% |
| 2020 | $234mm | 75.43x | -0% |
| 2019 | $234mm | 75.46x | +512% |
| 2018 | $38.2mm | 12.32x | +1192% |
| 2017 | $3mm | 0.95x | -3% |
| 2016 | $3mm | 0.98x | -5% |
| 2015 | $3.2mm | 1.03x | – |
Other funds from Hinge Capital
- Hinge Capital LD Fund 2, L.P. 2022
- Hinge Capital LD Fund LP 2022
- VENTURE51 Classy Fund II, L.P. 2021
- Hinge Capital Irl Fund, L.P. 2020
- VENTURE51 Classy Fund, L.P. 2019
- Hinge Capital, L.P. 2017
- RLV51 Fund III, L.P. 2017
- HFV51 Fund II, L.P. 2017
- RLV51 Fund II, L.P. 2015
- VENTURE51 Capital Partners II, L.P. 2015
- VENTURE51 Capital Partners III, LP 2015
- VENTURE51 Beta Fund, 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 805-1286765313. Data updated October 13, 2026.
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