TF Capital Fund IV L.P.
TF Capital · adviser of record: TF Venture Capital Management CO., LTD. · 2021 vintage
TF Capital Fund IV L.P. is a 2021 venture fund managed by TF Capital, with $54.5mm raised (Form D, amount sold). It reported $219mm in gross assets at year-end 2025, 4.02x its size, its highest reported value.
- Latest value held
- $219mm year-end 2025
- Peak
- $219mm year-end 2025
- Fund size
- $54.5mm Form D, amount sold
- Held vs. size
- 4.02x peak 4.02x
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 | $219mm | 4.02x | +70% over 2 yrs |
| 2023 | $129mm | 2.37x | +309% |
| 2022 | $31.6mm | 0.58x | +0% |
| 2021 | $31.6mm | 0.58x | – |
Other funds from TF 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 805-4894416508. Data updated October 13, 2026.
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