True VC, LLC - Series 16
Cresset Partners · adviser of record: Cresset Partners LLC · 2021 vintage
True VC, LLC - Series 16 is a 2021 venture fund managed by Cresset Partners, with $5.3mm raised (Form D, amount sold). It reported $4.5mm in gross assets at year-end 2025, 0.85x its size, against a peak of $8mm in 2022.
- Latest value held
- $4.5mm year-end 2025
- Peak
- $8mm year-end 2022
- Fund size
- $5.3mm Form D, amount sold
- Held vs. size
- 0.85x 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 | $4.5mm | 0.85x | +15% over 2 yrs |
| 2023 | $4mm | 0.74x | -50% |
| 2022 | $8mm | 1.49x | +5% |
| 2021 | $7.6mm | 1.42x | – |
Other funds from Cresset Partners
- True VC, LLC - Series 18 2022
- True VC, LLC - Series 22 2022
- True VC, LLC - Series 15 2022
- True VC, LLC - Series 13 2021
- True VC, LLC - Series 12 2021
- True VC, LLC - Series 10 2021
- True VC, LLC - Series 9 2021
- True VC, LLC - Series 4 2020
- True VC, LLC - Series 7 2020
- True Capital Partners V, LLC 2018
- True Capital Ventures II, LLC - Series E 2017
- True Capital Partners IV, LLC 2015
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 805-5119356873. Data updated October 13, 2026.
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