GGV Capital Viii L.P.

Fundmanaged by GGV Capital LLC· Cayman Islands
Vintage
2021
Reported gross assets
$1.8B
Form ADV, Mar 30, 2026
MatureFundraising status unknownADV: 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

1 additional principal, 5 additional placement agents, 3 additional LP reports and investments, 3 events

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. 4 LP reports
    public disclosures

    4 public LP reports name this vehicle;

    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. +84%
    reported GAV

    Reported gross assets rose from $968M to $1.78B between the Form ADV filings of 4 Sep 2024 and 30 Mar 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
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
$1.8Bon the Form ADV filed Mar 30, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
108
Reported on ADV
Mar 29, 2021 to Mar 30, 2026
Fundraising evidence
Unknown
latest Form D 2020-10-29, older than 15 months (fr-1)
evidence dated Oct 29, 2020.
Lifecycle
Mature
vintage 4 to 7 years
age years: 5first sale: n/avintage year: 2021adv gav as of: Mar 30, 2026vintage basis: ADV first reportedform d sold: $0form d offering: $2.5Bform d latest filed at: Oct 29, 2020
The fund's own reporting through time
7 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
Mar 30, 2026Venture Capital Fund$1.8B
108$301,9902%
Principals and agents
4 principals on Form D, 0 placement agents
  • GGV Capital VIII Plus L.L.C. Promoter
  • GGV Capital VIII L.L.C. Promoter
  • GGV Capital VIII Entrepreneurs Fund L.L.C. Promoter
Service providers
8 named on Form ADV Schedule D and Form D
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.org2021Not disclosedNot disclosedNot disclosedNot disclosed7.9%1.3xDec 31, 2025
California State Teachers' Retirement System calstrs.com2021$72.0M$59.0MNot disclosed$62.4M2.0%1.1xJun 30, 2025
Known LPs and allocators
5 relationships, public pensions and the allocator graph, each counted once
AllocatorTypeAmountDateSource
Oregon Public Employees Retirement FundPUBLIC INSTITUTIONAL POOL$72.0M
committed
reported as of Mar 31, 2026Fact Pension disclosure
California State Teachers' Retirement SystemSTATE RETIREMENT SYSTEM$72.0M
committed
reported as of Jun 30, 2025Fact Pension disclosure
Orange County Employees Retirement SystemPUBLIC PENSION$24.0M
committed
reported as of Dec 31, 2025Fact Pension disclosure
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 Pension disclosure
  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 Pension disclosure
  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 Pension disclosure
  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 Pension disclosure
  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 Pension disclosure
Evidence
15 observations
Every observation on this vehicle
  • Entity type: Other Oct 29, 2020 Fact Form D
  • Form D fund type: Venture Capital Fund Oct 29, 2020 Fact Form D
  • Form D industry group: Pooled Investment Fund Oct 29, 2020 Fact Form D
  • Amendment: false Oct 29, 2020 Fact Form D
  • Revenue range (Form D): Decline to Disclose Oct 29, 2020 Fact Form D
  • Incorporated: withinFiveYears Oct 29, 2020 Fact Form D
  • Jurisdiction: CAYMAN ISLANDS Oct 29, 2020 Fact Form D
  • Amount sold (Form D): $0 Oct 29, 2020 Fact Form D
  • Offering amount (Form D): $2.5B Oct 29, 2020 Fact Form D
  • Exemptions: 06b, 3C, 3C.1, 3C.7 Oct 29, 2020 Fact Form D
  • Investors (Form D): 0 Oct 29, 2020 Fact Form D
  • Minimum investment (Form D): 0 Oct 29, 2020 Fact Form D
  • Securities offered: pooled Oct 29, 2020 Fact Form D
  • Office address: Oct 29, 2020 Fact Form D
  • Year of incorporation: 2020 Oct 29, 2020 Fact Form D

Relationships across DFX

on 2 other DFX graphs · 25 capital paths
Across the graphs

GGV Capital Viii L.P. is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

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.

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Capital chain

GGV Capital Viii L.P. sits on 25 traced paths of capital across the graphs.

Allocator to VC fund to manager to company

DFX traced 25 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 identity changes, 8 dated events on the change ledger, latest event first
  • Event retracted
    2026-10-01
  • Event retracted
    2026-10-01
  • Event retracted
    2026-10-01

+9 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.