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 / GGV Capital Viii L.P.

GGV Capital Viii L.P.

MatureUnknownFundADV: Venture Capital FundGGV Capital LLCCayman Islands
Amounts, each with its basis
Vintage
2021basis: 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
$2.5Bwhat may be sold, not what was raised; file 021-379210, sworn by the adviser or filed under this vehicle
Form D sold
$0as of the filing of Oct 29, 2020
First sale
unknown
Reported GAV
$968Mon the Form ADV filed Sep 4, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
108
Reported on ADV
Mar 29, 2021 to Sep 4, 2024
Fundraising evidence
Unknown
latest Form D 2020-10-29, older than 15 months (fr-1)
evidence dated Oct 29, 2020. 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
Mature
vintage 4 to 7 years
age years: 5first sale: n/avintage year: $2,021adv gav as of: 2024-09-04vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $2.5Bform d latest filed at: 2020-10-29
The fund's own reporting through time
6 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 29, 2021Venture Capital Fund$0
109$480,0002%yes
Mar 31, 2022Venture Capital Fund$668M
109$480,0002%yes
Mar 30, 2023Venture Capital Fund$934M
109$480,0002%yes
Mar 29, 2024Venture Capital Fund$968M
108$301,9902%yes
Apr 23, 2024Venture Capital Fund$968M
108$301,9902%yes
Sep 4, 2024Venture Capital Fund$968M
108$301,9902%yes
Principals and agents
4 principals on Form D, 0 placement agents
  • GGV Capital VIII Entrepreneurs Fund L.L.C. Promoter
  • GGV Discovery III LLC Promoter
  • GGV Capital VIII Plus L.L.C. Promoter
  • GGV Capital VIII L.L.C. Promoter
Limited partners and their reported performance
4 public LP reports
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
Oregon Public Employees Retirement Fund oregon.gov2021$72.0M$60.8M$0$77.8M7.3%1.3xMar 31, 2026
Los Angeles City Employees' Retirement System lacers.org2021n/an/an/an/a7.9%1.3xDec 31, 2025
California State Teachers' Retirement System calstrs.com2021$72.0M$59.0Mn/a$62.4M2.0%1.1xJun 30, 2025
Los Angeles City Employees' Retirement System lacers.org2020$16.0Mn/an/an/anot meaningful yetunknownOct 26, 2020

Each 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).

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
8 events
  1. Mar 31, 2026
    OPERF reports GGV Capital VIII: $72,000,000 committed, vintage 2021, net IRR 7.3%, 1.28x
    LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  2. Mar 31, 2026
    OPERF reports GGV Capital VIII: $72,000,000 committed, vintage 2021, net IRR 7.3%, 1.28x
    LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  3. Dec 31, 2025
    LACERS reports GGV Capital VIII: an undisclosed amount committed, vintage 2021, net IRR 7.9%, 1.28x
    LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  4. Jun 30, 2025
    CalSTRS reports GGV Capital VIII, LP: $72,000,000 committed, vintage 2021, net IRR 2.0%, 1.06x
    LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  5. Jun 30, 2025
    CalSTRS reports GGV Capital VIII, LP: $72,000,000 committed, vintage 2021, net IRR 2.0%, 1.06x
    LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  6. Mar 29, 2021
    GGV Capital Viii L.P. first reported on Form ADV by GGV Capital LLC (Venture Capital Fund)
    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)
  7. Oct 29, 2020
    GGV Capital VIII L.P. filed Form D: no sales yet of $2,500,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  8. Oct 26, 2020
    LACERS commits $16,000,000 to GGV Capital VIII (GGV Capital), closed 2020-10-26
    LP commitment closed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
Evidence
15 observations
Every observation on this vehicle