SB 1 SPV, LLC
Potential Capital · adviser of record: Potential Capital Manager, LLC · 2019 vintage
SB 1 SPV, LLC is a 2019 venture fund managed by Potential Capital, with $7.4mm raised (Form D, amount sold). It reported $11.7mm in gross assets at year-end 2023, 1.58x its size, against a peak of $12.2mm in 2021.
- Latest value held
- $11.7mm year-end 2023
- Peak
- $12.2mm year-end 2021
- Fund size
- $7.4mm Form D, amount sold
- Held vs. size
- 1.58x peak 1.65x
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 |
|---|---|---|---|
| 2023 | $11.7mm | 1.58x | +0% |
| 2022 | $11.7mm | 1.58x | -4% |
| 2021 | $12.2mm | 1.65x | – |
Other funds from Potential Capital
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 805-8492639940. Data updated October 13, 2026.
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