Sinovation Disrupt Fund, L.P.
Sinovation Ventures · adviser of record: New Information Limited · 2020 vintage
Sinovation Disrupt Fund, L.P. is a 2020 venture fund managed by Sinovation Ventures, with $1bn raised (Form D, amount sold). It reported $450mm in gross assets at year-end 2025, 0.45x its size, its highest reported value.
- Latest value held
- $450mm year-end 2025
- Peak
- $450mm year-end 2025
- Fund size
- $1bn Form D, amount sold
- Held vs. size
- 0.45x peak 0.45x
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 | $450mm | 0.45x | +83% over 2 yrs |
| 2023 | $245mm | 0.25x | +31% |
| 2022 | $187mm | 0.19x | +14% |
| 2021 | $163mm | 0.16x | +353% |
| 2020 | $36mm | 0.04x | – |
Other funds from Sinovation Ventures
- Sinovation Fund IV, L.P. 2018
- Innovation Works Development Fund II, L.P. 2014
- Sinovation Fund III LP 2012
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 805-9493726386. Data updated October 13, 2026.
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