Westwave Capital II, L.P.
Westwave Capital · adviser of record: Westwave Capital LLC · 2019 vintage
Westwave Capital II, L.P. is a 2019 venture fund managed by Westwave Capital, with $51.6mm raised (Form D, amount sold). It reported $39.7mm in gross assets at year-end 2025, 0.77x its size, against a peak of $43.2mm in 2022.
- Latest value held
- $39.7mm year-end 2025
- Peak
- $43.2mm year-end 2022
- Fund size
- $51.6mm Form D, amount sold
- Held vs. size
- 0.77x peak 0.84x
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 | $39.7mm | 0.77x | -4% over 2 yrs |
| 2023 | $41.5mm | 0.80x | -4% |
| 2022 | $43.2mm | 0.84x | +9% |
| 2021 | $39.6mm | 0.77x | +70% |
| 2020 | $23.4mm | 0.45x | – |
| 2019 | $0k | 0.00x | – |
Other funds from Westwave Capital
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 805-4378611487. Data updated October 13, 2026.
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