Serra Capital II Follow-On Fund, LP
Serra Ventures · adviser of record: Serra Ventures, LLC · 2018 vintage
Serra Capital II Follow-On Fund, LP is a 2018 venture fund managed by Serra Ventures, with $9mm raised (Form D, amount sold). It reported $16mm in gross assets at year-end 2025, 1.78x its size, its highest reported value.
- Latest value held
- $16mm year-end 2025
- Peak
- $16mm year-end 2025
- Fund size
- $9mm Form D, amount sold
- Held vs. size
- 1.78x peak 1.78x
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 | $16mm | 1.78x | +10% over 2 yrs |
| 2023 | $14.6mm | 1.62x | -6% |
| 2022 | $15.6mm | 1.73x | +20% |
| 2021 | $13mm | 1.45x | +2% |
| 2020 | $12.8mm | 1.42x | +163% |
| 2019 | $4.8mm | 0.54x | -51% |
| 2018 | $9.9mm | 1.10x | – |
Other funds from Serra Ventures
- Serra Capital AG Tech Fund, LP 2021
- Serra Capital III (Sbic), L.P. 2018
- Serra Capital I, LP 2018
- Serra Capital III, LP 2016
- Serra Capital II, LP 2013
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 805-4206965705. Data updated October 13, 2026.
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