FountainVest China Growth Capital Fund II, L.P
- Vintage
- 2013
A non-venture vehicle outside venture scope, shown because its manager is on the venture graph.
What matters now
- 3 LP reportspublic disclosures
3 public LP reports name this vehicle; the latest, Washington State Investment Board as of 31 Dec 2025, shows $150M committed and net IRR 11.3%, 1.40x (the LP's own figures).
A named LP and its own performance figures are the strongest outside read on a fund.
FactPublic pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)For LPs, fund-of-fundsLimited partners →
Amounts, each with its basis
- Vintage
- 2013basis: lp reported
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- unknownwhat may be sold, not what was raised
- Form D sold
- unknown
- First sale
- unknown
- Reported GAV
- unknown
- Owners (ADV)
- unknown
- Reported on ADV
- unknown
Fundraising evidence
What counts as raisingA Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.Lifecycle
Harvest
Lifecycle
The fund's own reporting through time
Principals and agents
Service providers
Limited partners and their reported performance
Whose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Washington State Investment Board sib.wa.gov | 2013 | $150M | $171M | $234M | $8.3M | 11.3% | 1.4x | Dec 31, 2025 |
| New York State Common Retirement Fund osc.ny.gov | 2012 | $75.0M | $85.5M | $117M | $4.5M | not meaningful yet | 1.4x | Mar 31, 2025 |
| New York State Common Retirement Fund osc.ny.gov | 2012 | $75.0M | Not disclosed | Not disclosed | Not disclosed | not meaningful yet | unknown | Aug 31, 2012 |
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Washington State Investment Board | PUBLIC INSTITUTIONAL POOL | $150M committed | committed Jan 2, 2013 | Fact Pension disclosure |
| New York State Common Retirement Fund | PUBLIC INSTITUTIONAL POOL | $75.0M committed | reported as of Mar 31, 2025 | Fact Pension disclosure |
Investments attributed to this vehicle
Timeline
- Dec 31, 2025WSIB reports FountainVest China Growth Capital Fund II, L.P.: $150,000,000 committed, vintage 2013, net IRR 11.3%, 1.4xLP commitment disclosed Fact Pension disclosure
- Mar 31, 2025NYSCRF reports FountainVest China Growth Capital Fund II, LP: $75,000,000 committed, vintage 2012LP commitment disclosed Fact Pension disclosure
- Aug 31, 2012NYSCRF commits $75,000,000 to FountainVest China Growth Capital II, L.P., closed 2012-08-31LP commitment closed Fact Pension disclosure
Evidence
Every observation on this vehicle
- Lp reported fund: FountainVest China Growth Capital Fund II, L.P Sep 13, 2026 Fact Pension disclosure
Relationships across DFX
on 1 other DFX graph
FountainVest China Growth Capital Fund II, L.P is the same institution as 1 record in Allocators.
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Record history
- LP commitment disclosed2025-12-31source on record
- LP commitment disclosed2025-03-31source on record
- LP commitment made2012-08-31source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.