DFX Intelligence
APA Excelsior IV, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Wound downFundraising status unknownADV: Venture Capital FundWound down
No longer reported on Form ADV; the fund appears wound down.
As of · the latest observation of this vehicle; each figure below carries its own filing date
What matters now
- 1 LP reportpublic disclosures
1 public LP report name this vehicle; the latest, Colorado Public Employees' Retirement Association as of 31 Dec 2025, shows $10M committed and net IRR 1.3% (the LP's own figures).
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 →
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- unknownno dated first sale or first report yet
- 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
- $4.4Mon the Form ADV filed Jun 30, 2014; the fund's assets, never its size or dry powder
- Owners (ADV)
- 26
- Reported on ADV
- Feb 14, 2012 to Jun 30, 2014no longer reported: wound down, transferred or renamed
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.Unknown
no Form D or close on record (fr-1)
Lifecycle
Wound down
Lifecycle
dropped from Form ADV while the adviser kept filing
last reported: n/a
The fund's own reporting through time
8 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Feb 14, 2012 | Venture Capital Fund | $4.4M | 26 | $5.0M | 1% | yes | |
| Feb 27, 2012 | Venture Capital Fund | $4.4M | 26 | $5.0M | 1% | yes | |
| Jul 3, 2012 | Venture Capital Fund | $4.5M | 26 | $5.0M | 1% | yes | |
| Nov 20, 2012 | Venture Capital Fund | $4.5M | 26 | $5.0M | 1% | yes | |
| Jun 27, 2013 | Venture Capital Fund | $6.9M | 26 | $5.0M | 1% | yes | |
| Dec 11, 2013 | Venture Capital Fund | $6.9M | 26 | $5.0M | 1% | yes | |
| Feb 10, 2014 | Venture Capital Fund | $6.9M | 26 | $5.0M | 1% | yes | |
| Jun 30, 2014 | Venture Capital Fund | $4.4M | 26 | $5.0M | 1% | yes |
Principals and agents
0 principals on Form D, 0 placement agents
No Form D related person on record.
Service providers
2 named on Form ADV Schedule D and Form D
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 |
|---|---|---|---|---|---|---|---|---|
| Colorado Public Employees' Retirement Association content.copera.org | 2010 | $10.0M | $173,246 | $184,092 | Not disclosed | 1.3% | unknown | Dec 31, 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 |
|---|---|---|---|---|
| Colorado Public Employees' Retirement Association | STATE RETIREMENT SYSTEM | $10.0M committed | reported as of Dec 31, 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
3 events
- Dec 31, 2025Colorado PERA reports APA Excelsior IV: $10,000,000 committed, vintage 2010LP commitment disclosed Fact Pension disclosure
- Jun 29, 2015APA Excelsior IV, L.P. no longer reported on Form ADV by Apax Partners L.P.Fund no longer reported Inference Form ADV
- Feb 14, 2012APA Excelsior IV, L.P. first reported on Form ADV by Apax Partners L.P. (Venture Capital Fund), GAV $4,437,620Fund first reported on Form ADV Fact Form ADV
Evidence
0 observations
Every observation on this vehicle
Relationships across DFX
on 2 other DFX graphs
Across the graphs
APA Excelsior IV, 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.
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Record history
3 dated events on the change ledger, latest event first
- LP commitment disclosed2025-12-31source on record
- Fund dropped from ADV2015-06-29source on record
- Fund first reported on ADV2012-02-14source 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.