Bessemer Venture Partners Xii Institutional L.P.

Fundmanaged by Bessemer Venture Partners· Cayman Islands
Vintage
2023
Reported gross assets
$3.2B
Form ADV, May 13, 2026
Active deploymentUnknownADV: Venture Capital Fund
More
Ask DFX about thisView relationshipsAmountsLimited partners
As of · the latest observation of this vehicle; each figure below carries its own filing date

10 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. 1 LP report
    public disclosures

    1 public LP report name this vehicle; the latest, California Public Employees' Retirement System as of 31 Dec 2025, shows $115M 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 →
  2. +15%
    reported GAV

    Reported gross assets rose from $2.82B to $3.24B between the Form ADV filings of 20 Jun 2024 and 13 May 2026.

    The fund's assets as the adviser swears them, never its size or dry powder.

    Derivedtwo Form ADV Schedule D filingsFor LPs, secondaries buyersReporting →
Drawing the relationship network…
Amounts, each with its basis
Vintage
2023basis: 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 021-450240, sworn by the adviser or filed under this vehicle
Form D sold
$0as of the filing of Jun 27, 2022
First sale
unknown
Reported GAV
$3.2Bon the Form ADV filed May 13, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
146
Reported on ADV
Mar 31, 2023 to May 13, 2026
Structure
master
Fundraising evidence
Unknown
latest Form D 2022-06-27, older than 15 months (fr-1)
evidence dated Jun 27, 2022.
Lifecycle
Active deployment
vintage 2 to 4 years
age years: 3first sale: n/avintage year: 2023adv gav as of: May 13, 2026vintage basis: ADV first reportedform d sold: $0form d offering: n/aform d latest filed at: Jun 27, 2022
The fund's own reporting through time
6 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 31, 2023Venture Capital Fund$2.8B
144$10.0M27%yes
Apr 26, 2023Venture Capital Fund$2.8B
144$10.0M27%yes
Mar 29, 2024Venture Capital Fund$2.8B
144$10.0M27%yes
May 8, 2024Venture Capital Fund$2.8B
144$10.0M27%yes
Jun 20, 2024Venture Capital Fund$2.8B
144$10.0M27%yes
May 13, 2026Venture Capital Fund$3.2B
146$10.0M27%
Principals and agents
13 principals on Form D, 0 placement agents
Service providers
4 named on Form ADV Schedule D and Form D
Limited partners and their reported performance
1 public LP report
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
California Public Employees' Retirement System calpers.ca.gov2024$115M$51.7M$0$62.3Mnot meaningful yetunknownDec 31, 2025
Known LPs and allocators
2 relationships, public pensions and the allocator graph, each counted once
AllocatorTypeAmountDateSource
California Public Employees' Retirement SystemSTATE RETIREMENT SYSTEM$115M
committed
reported as of Dec 31, 2025Fact Pension disclosure
Richard King Mellon Foundation Dtd 01-01-47FOUNDATION$658,280
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
4 events
  1. Dec 31, 2025
    CalPERS reports Bessemer Venture Partners XII Institutional L.P.: $115,000,000 committed, vintage 2024
    LP commitment disclosed Fact Pension disclosure
  2. Dec 31, 2025
    CalPERS reports Bessemer Venture Partners XII Institutional L.P.: $115,000,000 committed, vintage 2024
    LP commitment disclosed Fact Pension disclosure
  3. Mar 31, 2023
    Bessemer Venture Partners Xii Institutional L.P. first reported on Form ADV by Bessemer Venture Partners (Venture Capital Fund), GAV $2,815,707,071
    Fund first reported on Form ADV Fact Form ADV
  4. Jun 27, 2022
    Bessemer Venture Partners XII Institutional L.P. filed Form D: no sales yet (indefinite offering), Venture Capital Fund
    Form D filed Fact Form D
Evidence
15 observations
Every observation on this vehicle
  • Entity type: Limited Partnership Jun 27, 2022 Fact Form D
  • Form D fund type: Venture Capital Fund Jun 27, 2022 Fact Form D
  • Form D industry group: Pooled Investment Fund Jun 27, 2022 Fact Form D
  • Amendment: false Jun 27, 2022 Fact Form D
  • Revenue range (Form D): Decline to Disclose Jun 27, 2022 Fact Form D
  • Incorporated: withinFiveYears Jun 27, 2022 Fact Form D
  • Jurisdiction: CAYMAN ISLANDS Jun 27, 2022 Fact Form D
  • Amount sold (Form D): $0 Jun 27, 2022 Fact Form D
  • Exemptions: 06b, 3C, 3C.7 Jun 27, 2022 Fact Form D
  • Indefinite offering: true Jun 27, 2022 Fact Form D
  • Investors (Form D): 0 Jun 27, 2022 Fact Form D
  • Minimum investment (Form D): 0 Jun 27, 2022 Fact Form D
  • Securities offered: pooled Jun 27, 2022 Fact Form D
  • Office address: Jun 27, 2022 Fact Form D
  • Year of incorporation: 2022 Jun 27, 2022 Fact Form D

Relationships across DFX

on 3 other DFX graphs · 10 capital paths
Across the graphs

Bessemer Venture Partners Xii Institutional L.P. is the same institution as 3 records in Allocators, RIA and Wealth and Family Offices.

Allocators1RIA and Wealth1Family Offices1

DFX found 3 relationships across 3 datasets

Which record it is in each graph, what it is called there, and what the two were joined on.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

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Capital chain

Bessemer Venture Partners Xii Institutional L.P. sits on 10 traced paths of capital across the graphs.

Allocator to VC fund to manager to company

DFX traced 10 paths 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

4 dated events on the change ledger, latest first
  • Form D filed
    2022-06-27source
  • LP commitment disclosed
    2025-12-31source
  • LP commitment disclosed
    2025-12-31source

+1 more change 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.