Acrew Diversify Capital Fund II, L.P.
2 additional principals, 1 additional placement agent
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 1 LP reportpublic disclosures
1 public LP report name this vehicle; the latest, California Public Employees' Retirement System as of 31 Dec 2025, shows $50M committed.
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
- 2024basis: adv first 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
- indefinitewhat may be sold, not what was raised; file 021-481995, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of May 17, 2023
- First sale
- unknown
- Reported GAV
- $167Mon the Form ADV filed Mar 30, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 37
- Reported on ADV
- Mar 29, 2024 to Mar 30, 2026
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
Early deployment
Lifecycle
The fund's own reporting through time
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2024 | Venture Capital Fund | $168M | 37 | $20,000 | 0% | yes | |
| Mar 30, 2026 | Venture Capital Fund | $167M | 37 | $20,000 | 0% |
Principals and agents
- Acrew Diversify Capital GenPar II, L.P. Promoter
- Acrew Capital MGP, LLC Promoter
- Acrew Capital Management Co., LLC Promoter
Service providers
- AuditorFrank, Rimerman + Co. · PALO ALTO, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- AdministratorCarta · SAN FRANCISCO, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianJPMorgan · NEW YORK, New York, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
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 |
|---|---|---|---|---|---|---|---|---|
| California Public Employees' Retirement System calpers.ca.gov | 2024 | $50.0M | $16.6M | $0 | $14.8M | not meaningful yet | unknown | Dec 31, 2025 |
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 |
|---|---|---|---|---|
| California Public Employees' Retirement System | STATE RETIREMENT SYSTEM | $50.0M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
Investments attributed to this vehicle
Timeline
- Dec 31, 2025CalPERS reports Acrew Diversify Capital Fund II, L.P.: $50,000,000 committed, vintage 2024LP commitment disclosed Fact Pension disclosure
- Dec 31, 2025CalPERS reports Acrew Diversify Capital Fund II, L.P.: $50,000,000 committed, vintage 2024LP commitment disclosed Fact Pension disclosure
- Mar 29, 2024Acrew Diversify Capital Fund II, L.P. first reported on Form ADV by Acrew Diversify Capital Management, L.P. (Venture Capital Fund), GAV $167,850,000Fund first reported on Form ADV Fact Form ADV
- May 17, 2023Acrew Diversify Capital Fund II, L.P. filed Form D: no sales yet (indefinite offering), Venture Capital FundForm D filed Fact Form D
Evidence
Every observation on this vehicle
- Entity type: Limited Partnership May 17, 2023 Fact Form D
- Form D fund type: Venture Capital Fund May 17, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund May 17, 2023 Fact Form D
- Amendment: false May 17, 2023 Fact Form D
- Revenue range (Form D): Decline to Disclose May 17, 2023 Fact Form D
- Incorporated: withinFiveYears May 17, 2023 Fact Form D
- Jurisdiction: Delaware May 17, 2023 Fact Form D
- Amount sold (Form D): $0 May 17, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 May 17, 2023 Fact Form D
- Indefinite offering: true May 17, 2023 Fact Form D
- Investors (Form D): 0 May 17, 2023 Fact Form D
- Minimum investment (Form D): 0 May 17, 2023 Fact Form D
- Securities offered: pooled May 17, 2023 Fact Form D
- Office address: May 17, 2023 Fact Form D
- Year of incorporation: 2023 May 17, 2023 Fact Form D
Relationships across DFX
on 2 other DFX graphs · 1 capital path
Acrew Diversify Capital Fund II, L.P. is the same institution as 2 records in Allocators and RIA and Wealth.
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Acrew Diversify Capital Fund II, L.P. sits on 1 traced path of capital across the graphs.
DFX traced 1 path of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Record history
- Fund folded2026-09-14
- LP commitment disclosed2025-12-31source on record
- LP commitment disclosed2025-12-31source on record
+3 more changes on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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.