Torch Capital I, L.P.
Torch Capital · adviser of record: Keidan Management Inc. · 2018 vintage
Torch Capital I, L.P. is a 2018 venture fund managed by Torch Capital, with $57.8mm raised (Form D, amount sold). It reported $158mm in gross assets at year-end 2025, 2.73x its size, against a peak of $211mm in 2021.
- Latest value held
- $158mm year-end 2025
- Peak
- $211mm year-end 2021
- Fund size
- $57.8mm Form D, amount sold
- Held vs. size
- 2.73x peak 3.65x
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 | $158mm | 2.73x | +4% over 2 yrs |
| 2023 | $153mm | 2.64x | -23% |
| 2022 | $199mm | 3.44x | -6% |
| 2021 | $211mm | 3.65x | +162% |
| 2020 | $80.6mm | 1.39x | – |
Other funds from Torch Capital
- Torch Opportunity I LLC - Investment Series 13 2022
- Torch Opportunity II LLC - Investment Series 1 2022
- Torch Opportunity II LLC - Investment Series 2 2022
- Torch Select Opportunity I LP 2021
- Torch Opportunity I LLC - Investment Series 12 2021
- Torch Opportunity I LLC - Investment Series 11 2021
- Torch Capital II, L.P. 2020
- Torch Opportunity I LLC - Investment Series 4 2020
- Torch Opportunity I LLC - Investment Series 9 2020
- Torch Opportunity I LLC - Investment Series 6 2020
- Torch Opportunity I LLC - Investment Series 3 2020
- Torch Opportunity I LLC - Investment Series 5 2020
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 805-4438684284. Data updated October 13, 2026.
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