Shine Capital Advisor Fund I, L.P.
Shine Capital · adviser of record: Shine Capital, LLC · 2019 vintage
Shine Capital Advisor Fund I, L.P. is a 2019 venture fund managed by Shine Capital, with $18mm raised (Form D, amount sold). It reported $15.7mm in gross assets at year-end 2025, 0.87x its size, against a peak of $18.8mm in 2023.
- Latest value held
- $15.7mm year-end 2025
- Peak
- $18.8mm year-end 2023
- Fund size
- $18mm Form D, amount sold
- Held vs. size
- 0.87x peak 1.04x
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 | $15.7mm | 0.87x | -9% |
| 2024 archived filing | $17.1mm | 0.95x | -9% |
| 2023 | $18.8mm | 1.04x | +2% |
| 2022 | $18.5mm | 1.03x | +19% |
| 2021 | $15.5mm | 0.86x | +16% |
| 2020 | $13.4mm | 0.74x | +0% |
| 2019 | $13.4mm | 0.74x | – |
Other funds from Shine Capital
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 805-4749497400. Data updated October 13, 2026.
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