Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.

Firms / IVP Advisory Co. Ltd

IVP Advisory Co. Ltd

Institutional venture firm · probableUSSEC exempt reporting adviser

venture manager, reported GAV $339M across 5 vehicles

Importance
27
moderate
Active deployment
25
moderate
Emerging
0
low
Completeness
31
moderate
Freshness
97
high
Research priority
16
moderate
Identity and regulatory footprint
Headquarters
unknown
Office address
unknown
Business phone
81-50-3692-4021adviserinfo.sec.gov
Website
unknown
SEC adviser type
exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
private fund adviseradviserinfo.sec.gov
Latest Form ADV
Jan 21, 2026
Private funds reported
5 (5 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$361Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Growth Tree Ltd (Shareholder), E
business phone
81-50-3692-4021adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
not stated or not yet read
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
5 reported, 2 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Headline Asia V, L.P.Fund2024 adv first reportedEarly deployment$8.0M
Feb 28, 2024
10unknownunknown
Infinity Ventures IV, L.P.Fund2020 adv first reportedMature$11.0M
Feb 28, 2024
20unknownunknown
Infinity E.ventures Asia III, L.P.FundunknownUnknown$136M
Feb 28, 2024
35unknownunknown
IVP Fund II a, L.P.FundunknownUnknown$122M
Feb 28, 2024
14unknownunknown
IVP Fund II B, L.P.FundunknownUnknown$62.0M
Feb 28, 2024
22unknownunknown
IVP Fund B, L.P.FundunknownWound down$5.0M
Jan 10, 2022
19unknownunknown
IVP Fund a, L.PFundunknownWound down$2.0M
Jan 10, 2022
10unknownunknown
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
2 current, 0 departed
Li-An Huang
Director · since Jul 1, 2020
Principal
FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Tanaka Akio
Director · since Oct 1, 2008
Principal
FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
12 dated events
  1. Feb 28, 2024
    Headline Asia V, L.P. first reported on Form ADV by IVP Advisory Co. Ltd (Venture Capital Fund), GAV $8,000,000
    Fund first reported on Form ADVFundsFactHeadline Asia V, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  2. Mar 29, 2023
    IVP Fund B, L.P. no longer reported on Form ADV by IVP Advisory Co. Ltd
    Fund no longer reportedFundsInferenceIVP Fund B, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  3. Mar 29, 2023
    IVP Fund a, L.P no longer reported on Form ADV by IVP Advisory Co. Ltd
    Fund no longer reportedFundsInferenceIVP Fund a, L.PSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  4. Jul 1, 2020
    Li-An Huang joined Schedule A of IVP Advisory Co. Ltd as Director
    Person joinedPeopleFactLi-An HuangSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  5. Mar 20, 2020
    Infinity Ventures IV, L.P. first reported on Form ADV by IVP Advisory Co. Ltd (Venture Capital Fund), GAV $11,000,000
    Fund first reported on Form ADVFundsFactInfinity Ventures IV, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  6. Jul 28, 2014
    IVP Fund II a, L.P. first reported on Form ADV by IVP Advisory Co. Ltd (Private Equity Fund), GAV $38,001,734
    Fund first reported on Form ADVFundsFactIVP Fund II a, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  7. Jul 28, 2014
    IVP Advisory Co. Ltd first filed Form ADV (ERA)
    First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  8. Jul 28, 2014
    Infinity E.ventures Asia III, L.P. first reported on Form ADV by IVP Advisory Co. Ltd (Private Equity Fund)
    Fund first reported on Form ADVFundsFactInfinity E.ventures Asia III, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  9. Jul 28, 2014
    IVP Fund B, L.P. first reported on Form ADV by IVP Advisory Co. Ltd (Private Equity Fund), GAV $30,029,691
    Fund first reported on Form ADVFundsFactIVP Fund B, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  10. Jul 28, 2014
    IVP Fund a, L.P first reported on Form ADV by IVP Advisory Co. Ltd (Private Equity Fund), GAV $10,277,389
    Fund first reported on Form ADVFundsFactIVP Fund a, L.PSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  11. Jul 28, 2014
    IVP Fund II B, L.P. first reported on Form ADV by IVP Advisory Co. Ltd (Private Equity Fund), GAV $19,589,197
    Fund first reported on Form ADVFundsFactIVP Fund II B, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  12. Oct 1, 2008
    Tanaka Akio joined Schedule A of IVP Advisory Co. Ltd as Director
    Person joinedPeopleFactTanaka AkioSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
  1. Sep 12, 2026
    Institutional venture firm (probable, 80%, cls-1)
    venture manager, reported GAV $339M across 5 vehicles
  2. Sep 12, 2026
    Institutional venture firm (confirmed, 95%, cls-1)
    venture manager, reported GAV $339M across 5 vehicles
Evidence
33 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedvc_funds_reportedJan 21, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedprivate_fund_adviserJan 21, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserFeb 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC adviser typeexempt_reporting_adviserJan 21, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC adviser typeexempt_reporting_adviserFeb 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2014-07-28Feb 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Adv history loadedadv-hist-1Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Latest Form ADV filing2026-01-21Jan 21, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Latest Form ADV filing2024-02-28Feb 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC statusERA - ActiveJan 21, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC status effective2020-03-20Jan 21, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture share of reported funds1Feb 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone81-50-3692-4021Jan 21, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Business phone81-50-3692-4021Feb 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Legal formCorporationJan 21, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Legal formCorporationFeb 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private funds reported5Jan 21, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private funds reported5Feb 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private fund gross assets (reported)$361MJan 21, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private fund gross assets (reported)$339MFeb 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Venture funds reported5Jan 21, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture funds reported5Feb 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)