S Capital, L.P.
S Capital VC · adviser of record: S Capital VC Management LTD. · 2017 vintage
S Capital, L.P. is a 2017 venture fund managed by S Capital VC, with $94mm raised (Form D, amount sold). It reported $226mm in gross assets at year-end 2025, 2.40x its size, against a peak of $388mm in 2021.
- Latest value held
- $226mm year-end 2025
- Peak
- $388mm year-end 2021
- Fund size
- $94mm Form D, amount sold
- Held vs. size
- 2.40x peak 4.13x
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 | $226mm | 2.40x | -26% over 2 yrs |
| 2023 | $305mm | 3.25x | -18% |
| 2022 | $373mm | 3.96x | -4% |
| 2021 | $388mm | 4.13x | +205% |
| 2020 | $127mm | 1.35x | +37% |
| 2019 | $93.1mm | 0.99x | +0% |
| 2018 | $92.8mm | 0.99x | -1% |
| 2017 | $93.8mm | 1.00x | – |
Other funds from S Capital VC
- S Capital Opportunity B Fund, L.P. - Series One 2022
- S Capital Opportunity A Fund, L.P. - Series S3 2022
- S Capital Opportunity A Fund, L.P. - Series S2 2022
- S Capital Opportunity A Fund, L.P. - Series S1 2021
- S Capital II PF, L.P. 2020
- S Capital II, L.P. 2019
- S Capital Opportunity Fund L.P. 2019
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 805-7902290484. Data updated October 13, 2026.
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