Telegraph Hill Partners IV, L.P.
Telegraph Hill Partners · adviser of record: Telegraph Hill Partners Management Company LLC · 2018 vintage
Telegraph Hill Partners IV, L.P. is a 2018 venture fund managed by Telegraph Hill Partners, with $325mm raised (Form D, amount sold). It reported $262mm in gross assets at year-end 2025, 0.81x its size, against a peak of $538mm in 2021.
- Latest value held
- $262mm year-end 2025
- Peak
- $538mm year-end 2021
- Fund size
- $325mm Form D, amount sold
- Held vs. size
- 0.81x peak 1.66x
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 | $262mm | 0.81x | -8% over 2 yrs |
| 2023 | $286mm | 0.88x | -3% |
| 2022 | $295mm | 0.91x | -45% |
| 2021 | $538mm | 1.66x | +103% |
| 2020 | $266mm | 0.82x | +20% |
| 2019 | $221mm | 0.68x | +36% |
| 2018 | $162mm | 0.50x | – |
Other funds from Telegraph Hill Partners
- Telegraph Hill Partners V, L.P. 2022
- THP V Affiliates Fund, LLC 2022
- THP IV Affiliates Fund, LLC 2018
- THP III Affiliates Fund, LLC 2013
- Telegraph Hill Partners III, L.P. 2012
- Telegraph Hill Partners Sbic L.P. 2012
- THP II Affiliates Fund, LLC 2012
- THP Affiliates Fund, LLC 2012
- Telegraph Hill Partners II, L.P. 2011
- Telegraph Hill Partners, LP 2011
All Telegraph Hill Partners funds
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 805-3416610849. Data updated October 13, 2026.
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