SBCVC Fund V, L.P.
SB China Venture Capital · adviser of record: SBCVC Holdings Limited · 2014 vintage
SBCVC Fund V, L.P. is a 2014 venture fund managed by SB China Venture Capital, with $458mm raised (Form D, amount sold). It reported $464mm in gross assets at year-end 2023, 1.01x its size, against a peak of $627mm in 2019.
- Latest value held
- $464mm year-end 2023
- Peak
- $627mm year-end 2019
- Fund size
- $458mm Form D, amount sold
- Held vs. size
- 1.01x peak 1.37x
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 | $464mm | 1.01x | -5% |
| 2022 | $486mm | 1.06x | -15% |
| 2021 | $575mm | 1.26x | -6% |
| 2020 | $610mm | 1.33x | -3% |
| 2019 | $627mm | 1.37x | +4% |
| 2018 | $601mm | 1.31x | +1104% |
| 2017 | $49.9mm | 0.11x | -85% |
| 2016 | $323mm | 0.71x | +184% |
| 2015 | $114mm | 0.25x | – |
Other funds from SB China Venture Capital
- SBCVC AI Fund. L.P. 2020
- SBCVC Fund VI, L.P. 2018
- SBCVC Fund IV, L.P. 2011
- SBCVC Fund III, L.P. 2011
- SBCVC Fund II, L.P. 2011
- SBCVC Fund II-Annex, L.P. 2011
All SB China Venture Capital funds
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 805-9288156625. Data updated October 13, 2026.
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