DFX Intelligence
Venture Capital Intelligence
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 Discovery Iv-Asia, L.P.
GGV Discovery Iv-Asia, L.P.
Amounts, each with its basis
- Vintage
- 2023basis: 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
- $350Mwhat may be sold, not what was raised; file 021-510552, sworn by the adviser or filed under this vehicle
- Form D sold
- $147Mas of the filing of Apr 12, 2024, 22 investors
- First sale
- Feb 10, 2023
- Reported GAV
- $153Mon the Form ADV filed Aug 6, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 24
- Reported on ADV
- Aug 6, 2024 to Aug 6, 2024
Fundraising evidence
Unknown
latest Form D 2024-04-12, older than 15 months (fr-1)
evidence dated Apr 12, 2024. 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
Active deployment
vintage 2 to 4 years
age years: 3first sale: 2023-02-10vintage year: $2,023adv gav as of: 2024-08-06vintage basis: form_d_first_saleform d sold usd: $147Mform d offering usd: $350Mform d latest filed at: 2024-04-12
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Aug 6, 2024 | Venture Capital Fund | $153M | 24 | $600,000 | 0% | yes |
Principals and agents
1 principals on Form D, 1 placement agents
- GGV Discovery IV-ASIA, L.L.C. Director
- J.P. Morgan Securities LLC placement agent
Limited partners and their reported performance
1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Oregon Public Employees Retirement Fund oregon.gov | 2024 | $18.8M | $5.1M | $0 | $5.2M | not meaningful yet | 1.0x | Mar 31, 2026 |
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
4 events
- Mar 31, 2026OPERF reports GGV Discovery IV Asia: $18,800,000 committed, vintage 2024LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 31, 2026OPERF reports GGV Discovery IV Asia: $18,800,000 committed, vintage 2024LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Aug 6, 2024GGV Discovery Iv-Asia, L.P. first reported on Form ADV by GGV Capital Pte. Ltd. (Venture Capital Fund), GAV $152,840,740Fund 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)
- Apr 12, 2024GGV Discovery IV-ASIA, L.P. filed Form D: $146,840,740 sold of $350,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Other Apr 12, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Apr 12, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Apr 12, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Apr 12, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Apr 12, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Apr 12, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Apr 12, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $147M Apr 12, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $350M Apr 12, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Apr 12, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2023-02-10 Apr 12, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 22 Apr 12, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Apr 12, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Apr 12, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: C/O MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, PO BOX 309, GRAND CAYMAN, E9, KY1-1104 Apr 12, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Apr 12, 2024 Fact SEC EDGAR Form D data sets (quarterly)