Valley Capital Partners II, L.P.
Valley Capital · adviser of record: Valley Capital Management, LLC · 2023 vintage
Valley Capital Partners II, L.P. is a 2023 venture fund managed by Valley Capital, with $100mm raised (Form D target). It reported $33.4mm in gross assets at year-end 2025, 0.33x its size, its highest reported value.
- Latest value held
- $33.4mm year-end 2025
- Peak
- $33.4mm year-end 2025
- Fund size
- $100mm Form D target
- Held vs. size
- 0.33x peak 0.33x
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 | $33.4mm | 0.33x | +96% over 2 yrs |
| 2023 | $17mm | 0.17x | – |
Other funds from Valley Capital
- VCP Invest IV, LLC 2021
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 805-9345779436. Data updated October 13, 2026.
Is this your fund?
Spot an error and email a correction. Facing DPI pressure? See how distribution financing works.