Sherpaventures Fund II, LP
ACME Capital · adviser of record: Sherpacapital, LLC · 2015 vintage
Sherpaventures Fund II, LP is a 2015 venture fund managed by ACME Capital, with $175mm raised (Form D, amount sold). It reported $77mm in gross assets at year-end 2025, 0.44x its size, against a peak of $530mm in 2020.
- Latest value held
- $77mm year-end 2025
- Peak
- $530mm year-end 2020
- Fund size
- $175mm Form D, amount sold
- Held vs. size
- 0.44x peak 3.03x
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 | $77mm | 0.44x | -31% over 2 yrs |
| 2023 | $111mm | 0.64x | -30% |
| 2022 | $158mm | 0.90x | -65% |
| 2021 | $452mm | 2.58x | -15% |
| 2020 | $530mm | 3.03x | +168% |
| 2019 | $198mm | 1.13x | -24% |
| 2018 | $261mm | 1.49x | +18% |
| 2017 | $222mm | 1.27x | +27% |
| 2016 | $174mm | 0.99x | +75% |
| 2015 | $99.4mm | 0.57x | – |
Other funds from ACME Capital
- Acme Roadrunners, LLC 2023
- Acme Roadrunners II, LLC 2023
- Acme Fund IV-E, LP 2022
- Acme Fund IV, LP 2021
- Acme Opportunity Fund, LP 2021
- Acme SPV PC, LLC 2021
- Acme SPV Bhi, LLC 2021
- Acme SPV As, LLC 2021
- Acme SPV SL, LLC 2021
- Acme SPV TBP, LLC 2021
- Acme Fund III-E, LP 2020
- Acme Fund III, LP 2019
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 805-6205164946. Data updated October 13, 2026.
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