Softbank Capital Fund '14, L.P.
Lerer Hippeau · adviser of record: Lerer Hippeau Ventures Management, LLC · 2014 vintage
Softbank Capital Fund '14, L.P. is a 2014 venture fund managed by Lerer Hippeau, with $100mm raised (Form D, amount sold). It reported $1mm in gross assets at year-end 2025, 0.01x its size, against a peak of $99.7mm in 2014.
- Latest value held
- $1mm year-end 2025
- Peak
- $99.7mm year-end 2014
- Fund size
- $100mm Form D, amount sold
- Held vs. size
- 0.01x peak 1.00x
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 | $1mm | 0.01x | -50% over 2 yrs |
| 2023 | $2mm | 0.02x | -69% |
| 2022 | $6.6mm | 0.07x | -62% |
| 2021 | $17.4mm | 0.17x | -9% |
| 2020 | $19.1mm | 0.19x | -47% |
| 2019 | $35.7mm | 0.36x | -12% |
| 2018 | $40.7mm | 0.41x | -2% |
| 2017 | $41.5mm | 0.42x | -17% |
| 2016 | $50.1mm | 0.50x | +15% |
| 2015 | $43.4mm | 0.43x | -56% |
| 2014 | $99.7mm | 1.00x | – |
Other funds from Lerer Hippeau
- Lerer Hippeau VIII, LP 2021
- Lerer Hippeau Select Fund IV, LP 2021
- Lerer Hippeau ZB, LP 2021
- Lerer Hippeau Select Fund III, LP 2019
- Lerer Hippeau VII, LP 2019
- Lerer Hippeau Ventures VI, LP 2017
- Lerer Hippeau Ventures Select Fund II, LP 2017
- Lerer Hippeau Ventures Select Fund, LP 2016
- BN Capital Fund II, L.P. 2016
- Lerer Hippeau Ventures V, LP 2015
- Lerer Hippeau Ventures CS, LLC 2015
- BN Capital Fund I, L.P. 2014
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 805-5326090922. Data updated October 13, 2026.
Is this your fund?
Spot an error and email a correction. Facing DPI pressure? See how distribution financing works.