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 / DFJ Mercury II, L.P.

DFJ Mercury II, L.P.

HarvestUnknownFundADV: Venture Capital FundMercury FundDelaware
Amounts, each with its basis
Vintage
2008basis: 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
$75.0Mwhat may be sold, not what was raised; file 021-115591, sworn by the adviser or filed under this vehicle
Form D sold
$50.0Mas of the filing of Apr 28, 2010, 60 investors
First sale
Feb 14, 2008
Reported GAV
$27.4Mon the Form ADV filed Mar 11, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
71
Reported on ADV
Jul 12, 2012 to Mar 11, 2024
Fundraising evidence
Unknown
latest Form D 2010-04-28, older than 15 months (fr-1)
evidence dated Apr 28, 2010. 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
Harvest
vintage over 7 years, still reported
age years: 18first sale: 2008-02-14vintage year: $2,008adv gav as of: 2024-03-11vintage basis: form_d_first_saleform d sold usd: $50.0Mform d offering usd: $75.0Mform d latest filed at: 2010-04-28
The fund's own reporting through time
14 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Jul 12, 2012Venture Capital Fund$46.5M
65$25,0001%yes
Mar 28, 2013Venture Capital Fund$54.1M
65$25,0001%yes
Mar 28, 2014Venture Capital Fund$60.0M
65$25,0001%yes
Mar 28, 2014Venture Capital Fund$60.0M
65$25,0001%yes
Mar 31, 2015Venture Capital Fund$64.7M
65$25,0001%yes
Mar 11, 2016Venture Capital Fund$66.7M
65$25,0001%yes
Mar 23, 2017Venture Capital Fund$100M
65$25,0001%yes
Mar 13, 2018Venture Capital Fund$75.7M
65$25,0001%yes
Mar 21, 2019Venture Capital Fund$59.2M
65$25,0001%yes
Mar 10, 2020Venture Capital Fund$61.0M
67$25,0001%yes
Mar 23, 2021Venture Capital Fund$82.6M
71$25,0001%yes
Mar 25, 2022Venture Capital Fund$48.5M
71$25,0001%yes
Mar 23, 2023Venture Capital Fund$40.2M
70$25,0001%yes
Mar 11, 2024Venture Capital Fund$27.4M
71$25,0001%yes
Principals and agents
3 principals on Form D, 1 placement agents
Limited partners and their reported performance
1 public LP report
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
San Diego City Employees' Retirement System content.sdcers.gov2008$10.0M$10.2M$9.0M$2.0M1.0%1.1xMar 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
  1. Mar 31, 2026
    SDCERS reports DFJ Mercury Fund II, L.P.: $10,000,000 committed, vintage 2008, net IRR 1.0%, 1.08x
    LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  2. Jul 12, 2012
    DFJ Mercury II, L.P. first reported on Form ADV by DFJ Mercury (Venture Capital Fund), GAV $46,487,078
    Fund 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)
  3. Jun 10, 2010
    DFJ Mercury II LP filed Form D/A: $62,275,000 sold of $75,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  4. Apr 28, 2010
    DFJ Mercury II LP filed Form D/A: $50,000,000 sold of $75,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle