True Ventures IV, L.P.
True Ventures · adviser of record: True Venture Management, L.L.C. · 2014 vintage
True Ventures IV, L.P. is a 2014 venture fund managed by True Ventures, with $250mm raised (Form D, amount sold). It reported $502mm in gross assets at year-end 2025, 2.01x its size, against a peak of $737mm in 2019.
- Latest value held
- $502mm year-end 2025
- Peak
- $737mm year-end 2019
- Fund size
- $250mm Form D, amount sold
- Held vs. size
- 2.01x peak 2.95x
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 | $502mm | 2.01x | +50% over 2 yrs |
| 2023 | $335mm | 1.34x | -1% |
| 2022 | $337mm | 1.35x | -21% |
| 2021 | $428mm | 1.71x | +19% |
| 2020 | $359mm | 1.44x | -51% |
| 2019 | $737mm | 2.95x | +43% |
| 2018 | $517mm | 2.07x | +38% |
| 2017 | $375mm | 1.50x | +25% |
| 2016 | $299mm | 1.20x | +15% |
| 2015 | $260mm | 1.04x | +5% |
| 2014 | $248mm | 0.99x | – |
What registered funds report
| Holder | As of | Value of stake | Value ÷ cost |
|---|---|---|---|
| Adams Street Venture & Growth Fund | 2026-06-30 | $9.6mm | 2.26x |
| ADAMS STREET PRIVATE EQUITY NAVIGATOR FUND LLC | 2026-06-30 | $1.4mm | 2.26x |
From SEC Form N-PORT, filed by mutual funds and other registered funds that hold an interest in this fund.
Other funds from True Ventures
- True Ventures VIII, L.P. 2022
- True Ventures VII, L.P. 2020
- True Ventures Select IV, L.P. 2020
- True Ventures VI, L.P. 2018
- True Ventures Select III, L.P. 2018
- True Ventures Select II, L.P. 2016
- True Ventures V, L.P. 2015
- True Ventures Select I, L.P. 2015
- True Ventures SPV I, L.P. 2014
- True Ventures III, L.P. 2011
- True Ventures II, L.P. 2011
- True Ventures I, L.P. 2011
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 805-4080833496. Data updated October 13, 2026.
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