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 / Builders Vc Fund II, L.P.

Builders Vc Fund II, L.P.

MatureUnknownFundADV: Venture Capital FundBuilders Vc, LLCDelaware
Amounts, each with its basis
Vintage
2020basis: 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
$250Mwhat may be sold, not what was raised; file 021-379018, sworn by the adviser or filed under this vehicle
Form D sold
$236Mas of the filing of Oct 28, 2021, 57 investors
First sale
Oct 30, 2020
Reported GAV
$217Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
56
Reported on ADV
Mar 29, 2021 to Mar 28, 2024
Fundraising evidence
Unknown
latest Form D 2021-10-28, older than 15 months (fr-1)
evidence dated Oct 28, 2021. 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
Mature
vintage 4 to 7 years
age years: 6first sale: 2020-10-30vintage year: $2,020adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $236Mform d offering usd: $250Mform d latest filed at: 2021-10-28
The fund's own reporting through time
4 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 29, 2021Venture Capital Fund$83.8M
241%yes
Mar 31, 2022Venture Capital Fund$210M
56$100,0003%yes
Mar 29, 2023Venture Capital Fund$222M
56$100,0003%yes
Mar 28, 2024Venture Capital Fund$217M
56$100,0003%yes
Principals and agents
7 principals on Form D, 0 placement agents
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.org2021$10.0M$8.5Mn/a$9.8M5.3%1.2xDec 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
4 events
  1. Dec 31, 2025
    LACERS reports Builders VC Fund II: $10,000,000 committed, vintage 2021, net IRR 5.3%, 1.16x
    LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  2. Oct 28, 2021
    Builders VC Fund II, L.P. filed Form D/A: $235,930,000 sold of $250,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Mar 29, 2021
    Builders Vc Fund II, L.P. first reported on Form ADV by Builders Vc, LLC (Venture Capital Fund), GAV $83,800,000
    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)
  4. Oct 28, 2020
    Builders VC Fund II, L.P. filed Form D: no sales yet of $250,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle