The Founders Fund V Principals Fund, LP
Founders Fund · adviser of record: Founders Fund LLC · 2013 vintage
The Founders Fund V Principals Fund, LP is a 2013 venture fund managed by Founders Fund, with $1.02bn raised (Form D, amount sold). It reported $547mm in gross assets at year-end 2025, 0.54x its size, against a peak of $1.09bn in 2021.
- Latest value held
- $547mm year-end 2025
- Peak
- $1.09bn year-end 2021
- Fund size
- $1.02bn Form D, amount sold
- Held vs. size
- 0.54x peak 1.08x
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 | $547mm | 0.54x | +75% over 2 yrs |
| 2023 | $313mm | 0.31x | -0% |
| 2022 | $313mm | 0.31x | -71% |
| 2021 | $1.09bn | 1.08x | +7% |
| 2020 | $1.02bn | 1.00x | +38% |
| 2019 | $738mm | 0.73x | +35% |
| 2018 | $545mm | 0.54x | +13% |
| 2017 | $484mm | 0.48x | +77% |
| 2016 | $274mm | 0.27x | -17% |
| 2015 | $330mm | 0.33x | +44% |
| 2014 | $230mm | 0.23x | +7% |
| 2013 | $215mm | 0.21x | – |
Other funds from Founders Fund
- Mirian, LP 2022
- The Founders Fund Growth II, LP 2021
- The Founders Fund VIII, LP 2021
- The Founders Fund Growth II Principals Fund, LP 2021
- The Founders Fund VIII Principals Fund, LP 2021
- The Founders Fund VIII Entrepreneurs Fund, LP 2021
- Founders AND3, LP 2021
- The Founders Fund VII, LP 2019
- The Founders Fund Growth, LP 2019
- The Founders Fund VII Principals Fund, LP 2019
- The Founders Fund Growth Principals Fund, LP 2019
- Erebor, LP 2019
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 805-7705976652. Data updated October 13, 2026.
Is this your fund?
Spot an error and email a correction. Facing DPI pressure? See how distribution financing works.