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.

Funds / Zhen Partners Fund IV, L.P.

Zhen Partners Fund IV, L.P.

UnknownUnknownFundADV: Venture Capital FundZhen Advisors, Ltd.Cayman Islands
Amounts, each with its basis
Vintage
unknownno dated first sale or first report yet
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
$150Mwhat may be sold, not what was raised; file 021-254058, sworn by the adviser or filed under this vehicle
Form D sold
$0as of the filing of Dec 29, 2015
First sale
unknown
Reported GAV
$485Mon the Form ADV filed Mar 27, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
23
Reported on ADV
May 12, 2016 to Mar 27, 2024
Fundraising evidence
Unknown
latest Form D 2015-12-29, older than 15 months (fr-1)
evidence dated Dec 29, 2015. A 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
Unknown
no vintage and no recent Form D
first sale: n/avintage year: n/aadv gav as of: 2024-03-27vintage basis: n/aform d sold usd: 0form d offering usd: $150Mform d latest filed at: 2015-12-29
The fund's own reporting through time
10 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
May 12, 2016Venture Capital Fund$150M
2210%yes
Mar 24, 2017Venture Capital Fund$159M
2210%yes
Mar 27, 2018Venture Capital Fund$218M
2210%yes
Mar 29, 2019Venture Capital Fund$352M
2210%yes
Mar 29, 2020Venture Capital Fund$533M
2310%yes
Mar 29, 2021Venture Capital Fund$1.4B
2310%yes
Mar 28, 2022Venture Capital Fund$656M
2310%yes
Mar 28, 2023Venture Capital Fund$574M
2310%yes
Sep 18, 2023Venture Capital Fund$528M
2310%yes
Mar 27, 2024Venture Capital Fund$485M
2310%yes
Principals and agents
3 principals on Form D, 0 placement agents
  • Zhen Partners Management (TTGP) IV, Ltd. Promoter
  • Xiao Ping Xu Director
  • Zhen Partners Management (MTGP) IV, L.P. Promoter
Limited partners and their reported performance
0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
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
2 events
  1. May 12, 2016
    Zhen Partners Fund IV, L.P. first reported on Form ADV by Zhen Advisors, Ltd. (Venture Capital Fund), GAV $150,000,000
    Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  2. Dec 29, 2015
    Zhen Partners Fund IV, L.P. filed Form D: no sales yet of $150,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
15 observations
Every observation on this vehicle