True Ventures Select II, L.P.
True Ventures · adviser of record: True Venture Management, L.L.C. · 2016 vintage
True Ventures Select II, L.P. is a 2016 venture fund managed by True Ventures, with $175mm raised (Form D, amount sold). It reported $184mm in gross assets at year-end 2025, 1.05x its size, its highest reported value.
- Latest value held
- $184mm year-end 2025
- Peak
- $184mm year-end 2025
- Fund size
- $175mm Form D, amount sold
- Held vs. size
- 1.05x peak 1.05x
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 | $184mm | 1.05x | +136% over 2 yrs |
| 2023 | $78.1mm | 0.45x | -5% |
| 2022 | $82.7mm | 0.47x | -44% |
| 2021 | $148mm | 0.85x | +41% |
| 2020 | $105mm | 0.60x | -34% |
| 2019 | $159mm | 0.91x | +29% |
| 2018 | $123mm | 0.70x | +2% |
| 2017 | $121mm | 0.69x | +7% |
| 2016 | $114mm | 0.65x | – |
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 V, L.P. 2015
- True Ventures Select I, L.P. 2015
- True Ventures IV, L.P. 2014
- 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 805-1665567226. Data updated October 13, 2026.
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