SG VC Fund II, L.P.
Ursus Ventures · 2014 vintage
SG VC Fund II, L.P. is a 2014 venture fund managed by Ursus Ventures, with $50.1mm raised (Form D, amount sold). It reported $205mm in gross assets at year-end 2025, 4.09x its size, against a peak of $454mm in 2022.
- Latest value held
- $205mm year-end 2025
- Peak
- $454mm year-end 2022
- Fund size
- $50.1mm Form D, amount sold
- Held vs. size
- 4.09x peak 9.07x
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 | $205mm | 4.09x | -33% over 2 yrs |
| 2023 | $307mm | 6.14x | -32% |
| 2022 | $454mm | 9.07x | +4% |
| 2021 | $436mm | 8.71x | +70% |
| 2020 | $257mm | 5.14x | – |
What registered funds report
| Holder | As of | Value of stake | Value ÷ cost |
|---|---|---|---|
| StepStone Private Venture & Growth Fund | 2026-06-30 | $4.9mm | 0.94x |
From SEC Form N-PORT, filed by mutual funds and other registered funds that hold an interest in this fund.
Other funds from Ursus Ventures
- Group 11 Fund VI, L.P. 2022
- Group 11 Tripactions IV, LLC 2022
- Group 11 Tripactions V, LLC 2022
- Group 11 Fund IV, L.P. 2020
- Group 11 Fund V, LP 2020
- Ursus Tipalti I, LLC 2020
- Ursus Tipalti II, LLC 2020
- Ursus Tripactions I, LLC 2020
- Ursus Tripactions II, LLC 2020
- Group 11 Homelight I, LLC 2020
- Group 11 Sunbit II, LLC 2020
- Ursus Sunbit I, LLC 2020
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 805-8207758598. Data updated October 13, 2026.
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