RPS Ventures II, L.P.
RPS · adviser of record: RPS Management LLC · 2021 vintage
RPS Ventures II, L.P. is a 2021 venture fund managed by RPS, with $300mm raised (Form D, amount sold). It reported $216mm in gross assets at year-end 2025, 0.72x its size, against a peak of $232mm in 2023.
- Latest value held
- $216mm year-end 2025
- Peak
- $232mm year-end 2023
- Fund size
- $300mm Form D, amount sold
- Held vs. size
- 0.72x peak 0.77x
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 | $216mm | 0.72x | -7% over 2 yrs |
| 2023 | $232mm | 0.77x | +35% |
| 2022 | $172mm | 0.57x | – |
Other funds from RPS
- RPS MC, LLC 2021
- RPS Ventures, T, LP 2020
- RPS Sidecar Fund I, L.P. 2019
- RPS Ventures I, 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 805-5467889645. Data updated October 13, 2026.
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