DFX Intelligence
Vivo Capital Fund Ix, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
HarvestClosed to new capitalADV: Private Equity Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
3 additional principals, 18 additional placement agents, 4 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
- -30%reported GAV
Reported gross assets fell from $2.6B to $1.83B between the Form ADV filings of 19 Sep 2024 and 31 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2018basis: form d first sale
- 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
- $1.4Bwhat may be sold, not what was raised; file 021-319413, sworn by the adviser or filed under this vehicle
- Form D sold
- $1.4Bas of the filing of Oct 30, 2019, 44 investors
- First sale
- Aug 20, 2018
- Reported GAV
- $1.8Bon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 46
- Reported on ADV
- Mar 29, 2019 to Mar 31, 2026
Fundraising evidence
What counts as raisingA 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.Closed to new capital
Form D filed or amended 2019-10-30: the stated $1.4bn offering reported fully sold (fr-1)
evidence dated Oct 30, 2019.
Lifecycle
Harvest
Lifecycle
vintage over 7 years, still reported
age years: 8first sale: Aug 20, 2018vintage year: 2018adv gav as of: Mar 31, 2026vintage basis: Form d first saleform d sold: $1.4Bform d offering: $1.4Bform d latest filed at: Oct 30, 2019
The fund's own reporting through time
15 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2019 | Venture Capital Fund | $879M | 29 | $25.0M | 2% | yes | |
| Nov 22, 2019 | Private Equity Fund | $879M | 29 | $25.0M | 2% | yes | |
| Mar 27, 2020 | Private Equity Fund | $1.6B | 44 | $25.0M | 3% | yes | |
| Aug 31, 2020 | Private Equity Fund | $1.6B | 44 | $25.0M | 3% | yes | |
| Sep 9, 2020 | Private Equity Fund | $1.6B | 44 | $25.0M | 3% | yes | |
| Nov 4, 2020 | Private Equity Fund | $1.6B | 44 | $25.0M | 3% | yes | |
| Jan 29, 2021 | Private Equity Fund | $1.6B | 44 | $25.0M | 3% | yes | |
| Mar 31, 2021 | Private Equity Fund | $2.5B | 44 | $25.0M | 3% | yes | |
| Mar 31, 2022 | Private Equity Fund | $3.7B | 44 | $25.0M | 3% | yes | |
| Mar 31, 2023 | Private Equity Fund | $2.8B | 44 | $25.0M | 3% | yes | |
| Apr 3, 2023 | Private Equity Fund | $2.8B | 44 | $25.0M | 3% | yes | |
| Apr 28, 2023 | Private Equity Fund | $2.8B | 44 | $25.0M | 3% | yes | |
| Mar 28, 2024 | Private Equity Fund | $2.6B | 46 | $25.0M | 3% | yes | |
| Sep 19, 2024 | Private Equity Fund | $2.6B | 46 | $25.0M | 3% | yes | |
| Mar 31, 2026 | Private Equity Fund | $1.8B | 46 | $25.0M | 3% |
Principals and agents
6 principals on Form D, 5 placement agents
- Chen Yu Director
- Albert Cha Director
- Edgar Engleman Director
- Probitas Funds Group, LLC placement agent
- China Concept Consulting Ltd. placement agent
Show all 6principals, then placement agents
- Chen Yu Director
- Albert Cha Director
- Edgar Engleman Director
- Probitas Funds Group, LLC placement agent
- China Concept Consulting Ltd. placement agent
- Gold Eagle Enterprises Limited placement agent
Service providers
19 named on Form ADV Schedule D and Form D
- AuditorEY · SAN FRANCISCO, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianEAST WEST BANK · SANTA CLARA, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianPACIFIC STOCK TRANSFER COMPANY · LAS VEGAS, Nevada, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach 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).1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| California State Teachers' Retirement System calstrs.com | 2018 | $100M | $107M | $74.8M | $110M | 18.8% | 1.7x | Jun 30, 2025 |
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| California State Teachers' Retirement System | STATE RETIREMENT SYSTEM | $100M committed | reported as of Jun 30, 2025 | Fact 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
9 events
- Jun 30, 2025CalSTRS reports Vivo Capital Fund IX, L.P.: $100,000,000 committed, vintage 2018, net IRR 18.8%, 1.73xLP commitment disclosed Fact Pension disclosure
- Jun 30, 2025CalSTRS reports Vivo Capital Fund IX, L.P.: $100,000,000 committed, vintage 2018, net IRR 18.8%, 1.73xLP commitment disclosed Fact Pension disclosure
- Oct 30, 2019Vivo Capital Fund IX, L.P. filed Form D/A: $1,401,787,761 sold of $1,401,787,761, Private Equity FundForm D filed Fact Form D
- Aug 12, 2019Vivo Capital Fund IX, L.P. filed Form D/A: $1,304,978,261 sold (indefinite offering), Private Equity FundForm D filed Fact Form D
- Jun 3, 2019Vivo Capital Fund IX, L.P. filed Form D/A: $1,280,978,261 sold (indefinite offering), Private Equity FundForm D filed Fact Form D
Evidence
119 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact Form D
- Entity type: Limited Partnership Oct 30, 2019 Fact Form D
- Entity type: Limited Partnership Aug 12, 2019 Fact Form D
- Entity type: Limited Partnership Jun 3, 2019 Fact Form D
- Entity type: Limited Partnership Jan 23, 2019 Fact Form D
- Entity type: Limited Partnership Dec 6, 2018 Fact Form D
- Entity type: Limited Partnership Aug 16, 2018 Fact Form D
- Form D fund type: Private Equity Fund Fact Form D
- Form D fund type: Private Equity Fund Oct 30, 2019 Fact Form D
- Form D fund type: Private Equity Fund Aug 12, 2019 Fact Form D
- Form D fund type: Private Equity Fund Jun 3, 2019 Fact Form D
- Form D fund type: Private Equity Fund Jan 23, 2019 Fact Form D
- Form D fund type: Private Equity Fund Dec 6, 2018 Fact Form D
- Form D fund type: Private Equity Fund Aug 16, 2018 Fact Form D
- Form D industry group: Pooled Investment Fund Fact Form D
- Form D industry group: Pooled Investment Fund Oct 30, 2019 Fact Form D
- Form D industry group: Pooled Investment Fund Aug 12, 2019 Fact Form D
- Form D industry group: Pooled Investment Fund Jun 3, 2019 Fact Form D
- Form D industry group: Pooled Investment Fund Jan 23, 2019 Fact Form D
- Form D industry group: Pooled Investment Fund Dec 6, 2018 Fact Form D
- Form D industry group: Pooled Investment Fund Aug 16, 2018 Fact Form D
- Amendment: true Fact Form D
- Amendment: true Oct 30, 2019 Fact Form D
- Amendment: true Aug 12, 2019 Fact Form D
- Amendment: true Jun 3, 2019 Fact Form D
- Amendment: true Jan 23, 2019 Fact Form D
- Amendment: true Dec 6, 2018 Fact Form D
- Amendment: false Aug 16, 2018 Fact Form D
- Revenue range (Form D): Decline to Disclose Fact Form D
- Revenue range (Form D): Decline to Disclose Oct 30, 2019 Fact Form D
- Revenue range (Form D): Decline to Disclose Aug 12, 2019 Fact Form D
- Revenue range (Form D): Decline to Disclose Jun 3, 2019 Fact Form D
- Revenue range (Form D): Decline to Disclose Jan 23, 2019 Fact Form D
- Revenue range (Form D): Decline to Disclose Dec 6, 2018 Fact Form D
- Revenue range (Form D): Decline to Disclose Aug 16, 2018 Fact Form D
- Incorporated: withinFiveYears Fact Form D
- Incorporated: withinFiveYears Oct 30, 2019 Fact Form D
- Incorporated: withinFiveYears Aug 12, 2019 Fact Form D
- Incorporated: withinFiveYears Jun 3, 2019 Fact Form D
- Incorporated: withinFiveYears Jan 23, 2019 Fact Form D
- Incorporated: withinFiveYears Dec 6, 2018 Fact Form D
- Incorporated: withinFiveYears Aug 16, 2018 Fact Form D
- Jurisdiction: Delaware Fact Form D
- Jurisdiction: Delaware Oct 30, 2019 Fact Form D
- Jurisdiction: Delaware Aug 12, 2019 Fact Form D
- Jurisdiction: Delaware Jun 3, 2019 Fact Form D
- Jurisdiction: Delaware Jan 23, 2019 Fact Form D
- Jurisdiction: Delaware Dec 6, 2018 Fact Form D
- Jurisdiction: Delaware Aug 16, 2018 Fact Form D
- Amount sold (Form D): $1.4B Fact Form D
- Amount sold (Form D): $1.3B Fact Form D
- Amount sold (Form D): $1.3B Fact Form D
- Amount sold (Form D): $864M Fact Form D
- Amount sold (Form D): $1.4B Oct 30, 2019 Fact Form D
- Amount sold (Form D): $1.3B Aug 12, 2019 Fact Form D
- Amount sold (Form D): $1.3B Jun 3, 2019 Fact Form D
- Amount sold (Form D): $864M Jan 23, 2019 Fact Form D
- Amount sold (Form D): $864M Dec 6, 2018 Fact Form D
- Amount sold (Form D): $0 Aug 16, 2018 Fact Form D
- Offering amount (Form D): $1.4B Fact Form D
- Offering amount (Form D): $1.4B Oct 30, 2019 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Oct 30, 2019 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Aug 12, 2019 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jun 3, 2019 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jan 23, 2019 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Dec 6, 2018 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Aug 16, 2018 Fact Form D
- First sale: 2018-08-20 Fact Form D
- First sale: 2018-08-20 Oct 30, 2019 Fact Form D
- First sale: 2018-08-20 Aug 12, 2019 Fact Form D
- First sale: 2018-08-20 Jun 3, 2019 Fact Form D
- First sale: 2018-08-20 Jan 23, 2019 Fact Form D
- First sale: 2018-08-20 Dec 6, 2018 Fact Form D
- Indefinite offering: true Fact Form D
- Indefinite offering: true Aug 12, 2019 Fact Form D
- Indefinite offering: true Jun 3, 2019 Fact Form D
- Indefinite offering: true Jan 23, 2019 Fact Form D
- Indefinite offering: true Dec 6, 2018 Fact Form D
- Indefinite offering: true Aug 16, 2018 Fact Form D
- Investors (Form D): 44 Fact Form D
- Investors (Form D): 38 Fact Form D
- Investors (Form D): 36 Fact Form D
- Investors (Form D): 29 Fact Form D
- Investors (Form D): 44 Oct 30, 2019 Fact Form D
- Investors (Form D): 38 Aug 12, 2019 Fact Form D
- Investors (Form D): 36 Jun 3, 2019 Fact Form D
- Investors (Form D): 29 Jan 23, 2019 Fact Form D
- Investors (Form D): 29 Dec 6, 2018 Fact Form D
- Investors (Form D): 0 Aug 16, 2018 Fact Form D
- Minimum investment (Form D): 0 Fact Form D
- Minimum investment (Form D): 0 Oct 30, 2019 Fact Form D
- Minimum investment (Form D): 0 Aug 12, 2019 Fact Form D
- Minimum investment (Form D): 0 Jun 3, 2019 Fact Form D
- Minimum investment (Form D): 0 Jan 23, 2019 Fact Form D
- Minimum investment (Form D): 0 Dec 6, 2018 Fact Form D
- Minimum investment (Form D): 0 Aug 16, 2018 Fact Form D
- Securities offered: pooled Fact Form D
- Securities offered: pooled Oct 30, 2019 Fact Form D
- Securities offered: pooled Aug 12, 2019 Fact Form D
- Securities offered: pooled Jun 3, 2019 Fact Form D
- Securities offered: pooled Jan 23, 2019 Fact Form D
- Securities offered: pooled Dec 6, 2018 Fact Form D
- Securities offered: pooled Aug 16, 2018 Fact Form D
- Office address: Fact Form D
- Office address: Fact Form D
- Office address: Oct 30, 2019 Fact Form D
- Office address: Aug 12, 2019 Fact Form D
- Office address: Jun 3, 2019 Fact Form D
- Office address: Jan 23, 2019 Fact Form D
- Office address: Dec 6, 2018 Fact Form D
- Office address: Aug 16, 2018 Fact Form D
- Year of incorporation: 2018 Fact Form D
- Year of incorporation: 2018 Oct 30, 2019 Fact Form D
- Year of incorporation: 2018 Aug 12, 2019 Fact Form D
- Year of incorporation: 2018 Jun 3, 2019 Fact Form D
- Year of incorporation: 2018 Jan 23, 2019 Fact Form D
- Year of incorporation: 2018 Dec 6, 2018 Fact Form D
- Year of incorporation: 2018 Aug 16, 2018 Fact Form D
Relationships across DFX
on 3 other DFX graphs · 5 capital paths
Across the graphs
Vivo Capital Fund Ix, L.P. is the same institution as 3 records in Private Equity, RIA and Wealth and Allocators.
Private Equity1RIA and Wealth1Allocators1
DFX found 3 relationships across 3 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
Vivo Capital Fund Ix, L.P. sits on 5 traced paths of capital across the graphs.
Allocator to VC fund to manager to company
DFX traced 5 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
9 dated events on the change ledger, latest event first
- LP commitment disclosed2025-06-30source on record
- LP commitment disclosed2025-06-30source on record
- Form D filed2019-10-30source on record
+6 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.