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 / Sterling Venture Partners II, L.P.

Sterling Venture Partners II, L.P.

Wound downUnknownFundADV: Private Equity FundSterling Fund Management, LLCDelaware
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; file 021-81219, sworn by the adviser or filed under this vehicle
Form D sold
unknown
First sale
unknown
Reported GAV
$72on the Form ADV filed Dec 19, 2022; the fund's assets, never its size or dry powder
Owners (ADV)
56
Reported on ADV
Feb 14, 2012 to Dec 19, 2022no longer reported: wound down, transferred or renamed
Fundraising evidence
Unknown
no Form D or close on record (fr-1)
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
Wound down
dropped from Form ADV while the adviser kept filing
last reported: n/a
The fund's own reporting through time
22 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Feb 14, 2012Private Equity Fund$266M
55$20,00011%yes
Nov 21, 2012Private Equity Fund$266M
55$20,00011%yes
Apr 1, 2013Private Equity Fund$208M
55$20,00011%yes
Apr 2, 2013Private Equity Fund$208M
55$20,00011%yes
Jan 22, 2014Private Equity Fund$208M
55$20,00011%yes
Mar 31, 2014Private Equity Fund$151M
58$20,00011%yes
Jun 3, 2014Private Equity Fund$148M
58$20,00011%yes
Mar 31, 2015Private Equity Fund$128M
58$20,00011%yes
Apr 30, 2015Private Equity Fund$128M
58$20,00011%yes
Jul 22, 2015Private Equity Fund$128M
58$20,00011%yes
Mar 30, 2016Private Equity Fund$119M
58$20,00011%yes
Mar 31, 2017Private Equity Fund$85.6M
58$20,00011%yes
Sep 29, 2017Private Equity Fund$85.6M
58$20,00011%yes
Mar 30, 2018Private Equity Fund$89.0M
56$20,00011%yes
Mar 31, 2019Private Equity Fund$76.3M
55$20,00011%yes
Mar 30, 2020Private Equity Fund$57.3M
56$20,00011%yes
Mar 31, 2021Private Equity Fund$44.3M
56$20,00011%yes
Nov 1, 2021Private Equity Fund$44.3M
56$20,00011%yes
Mar 31, 2022Private Equity Fund$72
56$20,00011%yes
Aug 29, 2022Private Equity Fund$72
56$20,00011%yes
Sep 19, 2022Private Equity Fund$72
56$20,00011%yes
Dec 19, 2022Private Equity Fund$72
56$20,00011%yes
Principals and agents
0 principals on Form D, 0 placement agents
No Form D related person on record.
Limited partners and their reported performance
1 public LP report
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
Los Angeles City Employees' Retirement System lacers.org2005$8.0M$8.0M$10.0Mn/a3.2%1.3xDec 31, 2025

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
3 events
  1. Dec 31, 2025
    LACERS reports Sterling Venture Partners II: $8,000,000 committed, vintage 2005, net IRR 3.2%, 1.25x
  2. Mar 29, 2024
    Sterling Venture Partners II, L.P. no longer reported on Form ADV by Sterling Fund Management, LLC
  3. Feb 14, 2012
    Sterling Venture Partners II, L.P. first reported on Form ADV by Sterling Fund Management, LLC (Private Equity Fund), GAV $266,395,352
Evidence
0 observations
Every observation on this vehicle