Bessemer Venture Partners Xii L.P.

Fundmanaged by Bessemer Venture Partners· Cayman Islands
Vintage
2023
Reported gross assets
$1.1B
Form ADV, May 13, 2026
Active deploymentFundraising status unknownADV: Venture Capital Fund
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Ask DFX about thisView relationshipsAmountsLimited partners
As of · the latest observation of this vehicle; each figure below carries its own filing date

3 additional placement agents

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. +24%
    reported GAV

    Reported gross assets rose from $876M to $1.08B 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
unknownwhat may be sold, not what was raised
Form D sold
unknown
First sale
unknown
Reported GAV
$1.1Bon the Form ADV filed May 13, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
59
Reported on ADV
Mar 31, 2023 to May 13, 2026
Structure
master
Fundraising evidence
Unknown
no Form D or close on record (fr-1)
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: n/aform d offering: n/aform d latest filed at: n/a
The fund's own reporting through time
6 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 31, 2023Venture Capital Fund$877M
1$100,0009%yes
Apr 26, 2023Venture Capital Fund$877M
1$100,0009%yes
Mar 29, 2024Venture Capital Fund$876M
1$100,0009%yes
May 8, 2024Venture Capital Fund$876M
1$100,0009%yes
Jun 20, 2024Venture Capital Fund$876M
1$100,0009%yes
May 13, 2026Venture Capital Fund$1.1B
59$100,00013%
Principals and agents
0 principals on Form D, 0 placement agents
No Form D related person on record.
Service providers
6 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 State Teachers' Retirement System calstrs.com2024$30.0M$8.7MNot disclosed$8.4M-4.5%1.0xJun 30, 2025
Known LPs and allocators
2 relationships, public pensions and the allocator graph, each counted once
AllocatorTypeAmountDateSource
San Joaquin County Employees Retirement AssociationPUBLIC PENSION$30.0M
committed
reported as of Jun 30, 2025Fact Pension disclosure
California State Teachers' Retirement SystemSTATE RETIREMENT SYSTEM$30.0M
committed
reported as of Jun 30, 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
3 events
  1. Jun 30, 2025
    CalSTRS reports Bessemer Venture Partners XII: $30,000,000 committed, vintage 2024, net IRR -4.5%, 0.97x
    LP commitment disclosed Fact Pension disclosure
  2. Jun 30, 2025
    CalSTRS reports Bessemer Venture Partners XII: $30,000,000 committed, vintage 2024, net IRR -4.5%, 0.97x
    LP commitment disclosed Fact Pension disclosure
  3. Mar 31, 2023
    Bessemer Venture Partners Xii L.P. first reported on Form ADV by Bessemer Venture Partners (Venture Capital Fund), GAV $877,080,808
    Fund first reported on Form ADV Fact Form ADV
Evidence
0 observations
Every observation on this vehicle

    Relationships across DFX

    on 2 other DFX graphs · 10 capital paths
    Across the graphs

    Bessemer Venture Partners Xii 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.

    Checking your plan…

    Capital chain

    Bessemer Venture Partners Xii 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

    3 dated events on the change ledger, latest event first
    • LP commitment disclosed
      2025-06-30source on record
    • LP commitment disclosed
      2025-06-30source on record
    • Fund first reported on ADV
      2023-03-31source on record

    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.