U.S. Venture Partners XII, L.P.

U.S. Venture Partners · adviser of record: Usvp Management Company LLC · 2018 vintage

U.S. Venture Partners XII, L.P. is a 2018 venture fund managed by U.S. Venture Partners, with $293mm raised (Form D, amount sold). It reported $388mm in gross assets at year-end 2025, 1.33x its size, against a peak of $467mm in 2022.

Latest value held

$388mm year-end 2025

Peak

$467mm year-end 2022

Fund size

$293mm Form D, amount sold

Held vs. size

1.33x peak 1.59x

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

Other funds from U.S. Venture Partners

• U.S. Venture Partners XIII, L.P. 2021
• U.S. Venture Partners XI, L.P. 2014
• U.S. Venture Partners X, L.P. 2011
• U.S. Venture Partners IX, L.P. 2011
• U.S. Venture Partners VIII, L.P. 2011
• U.S. Venture Partners VII, L.P. 2011
• Usvp X Affiliates Fund, L.P. 2011
• Usvp Entrepreneur Partners VIII-A, L.P. 2011
• Usvp VIII Affiliates Fund, L.P. 2011
• 2180 Associates Fund VII, L.P. 2011
• U.S. Venture Partners IV, L.P. 2011
• U.S. Venture Partners VI, L.P. 2011

All U.S. Venture Partners funds

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 805-3199217750. Data updated October 13, 2026.