SWV Fund II Direct 1A, LP
Sinewave Ventures · adviser of record: Sinewave Ventures, LLC · 2020 vintage
SWV Fund II Direct 1A, LP is a 2020 venture fund managed by Sinewave Ventures, with $1.5mm raised (Form D, amount sold). It reported $2.2mm in gross assets at year-end 2025, 1.49x its size, against a peak of $2.2mm in 2023.
- Latest value held
- $2.2mm year-end 2025
- Peak
- $2.2mm year-end 2023
- Fund size
- $1.5mm Form D, amount sold
- Held vs. size
- 1.49x peak 1.49x
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 | $2.2mm | 1.49x | +0% over 2 yrs |
| 2023 | $2.2mm | 1.49x | – |
Other funds from Sinewave Ventures
- SWV Fund II Direct 3, L.P. 2022
- Sinewave Ventures Direct 2A, L.P. 2021
- SWV Fund II Direct 2, L.P. 2021
- Sinewave Ventures Direct 3B, L.P. 2020
- Sinewave Ventures Direct 5B, L.P. 2020
- Sinewave Ventures Direct 4, L.P. 2017
- Sinewave Ventures Fund III, L.P. 2015
- Sinewave Ventures Fund II, LP 2015
- Sinewave Ventures Fund I, L.P. 2014
- Sinewave Ventures Direct 1, 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 805-7285838893. Data updated October 13, 2026.
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