Shangbay Capital Opportunity, LLC
Shangbay Capital · adviser of record: Shangbay Capital Management Company, LLC · 2021 vintage
Shangbay Capital Opportunity, LLC is a 2021 venture fund managed by Shangbay Capital, with $24.9mm raised (Form D, amount sold). It reported $78.3mm in gross assets at year-end 2025, 3.15x its size, its highest reported value.
- Latest value held
- $78.3mm year-end 2025
- Peak
- $78.3mm year-end 2025
- Fund size
- $24.9mm Form D, amount sold
- Held vs. size
- 3.15x peak 3.15x
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 | $78.3mm | 3.15x | +51% over 2 yrs |
| 2023 | $52mm | 2.09x | +116% |
| 2022 | $24.1mm | 0.97x | – |
Other funds from Shangbay Capital
- Shangbay Capital SPV I LLC 2023
- Shangbay Capital III, LLC 2021
- Shangbay Capital II, LLC 2019
- Shangbay Capital, LLC 2015
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 805-8636404527. Data updated October 13, 2026.
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