DFJ Frontier Fund II, L.P.
What matters now
- 1 LP reportpublic disclosures
1 public LP report name this vehicle; the latest, Los Angeles City Employees' Retirement System as of 31 Dec 2025, shows $5M committed and net IRR -2.8%, 0.75x (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 →
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 021-10359, sworn by the adviser or filed under this vehicle
- Form D sold
- unknown
- First sale
- unknown
- Reported GAV
- $34.9Mon the Form ADV filed Jan 9, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 45
- Reported on ADV
- Mar 28, 2012 to Jan 9, 2026
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.Lifecycle
Unknown
Lifecycle
The fund's own reporting through time
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 28, 2012 | Venture Capital Fund | $63.7M | 47 | $500,000 | 1% | yes | |
| Mar 27, 2013 | Venture Capital Fund | $68.5M | 47 | $500,000 | 1% | yes | |
| Mar 24, 2014 | Venture Capital Fund | $79.5M | 47 | $500,000 | 1% | yes | |
| Mar 24, 2015 | Venture Capital Fund | $77.5M | 47 | $500,000 | 1% | yes | |
| Mar 30, 2016 | Venture Capital Fund | $48.5M | 45 | $100,000 | 1% | yes | |
| Apr 3, 2017 | Venture Capital Fund | $48.5M | 45 | $100,000 | 1% | yes | |
| Mar 13, 2018 | Venture Capital Fund | $41.8M | 45 | $100,000 | 1% | yes | |
| May 30, 2019 | Venture Capital Fund | $39.5M | 45 | $100,000 | 1% | yes | |
| Jun 30, 2020 | Venture Capital Fund | $41.1M | 45 | $100,000 | 1% | yes | |
| Mar 31, 2021 | Venture Capital Fund | $40.9M | 45 | $100,000 | 1% | yes | |
| Mar 24, 2022 | Venture Capital Fund | $60.8M | 45 | $100,000 | 1% | yes | |
| Mar 30, 2023 | Venture Capital Fund | $46.8M | 45 | $100,000 | 1% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $34.9M | 45 | $100,000 | 1% | yes | |
| Jan 9, 2026 | Venture Capital Fund | $34.9M | 45 | $100,000 | 1% |
Principals and agents
Service providers
- AuditorMoss Adams · SAN FRANCISCO, California, United StatesForm ADV filed Jan 9, 2026 reports.adviserinfo.sec.gov
- AdministratorCORNERSTONE FUND SERVICES · LEHI, Utah, United StatesForm ADV filed Jan 9, 2026 reports.adviserinfo.sec.gov
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).| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Los Angeles City Employees' Retirement System lacers.org | 2007 | $5.0M | $5.0M | $2.5M | $1.2M | -2.8% | 0.8x | 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.| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Los Angeles City Employees' Retirement System | MUNICIPAL RETIREMENT SYSTEM | $5.0M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
Investments attributed to this vehicle
Timeline
- Dec 31, 2025LACERS reports DFJ Frontier Fund II: $5,000,000 committed, vintage 2007, net IRR -2.8%, 0.75xLP commitment disclosed Fact Pension disclosure
- Mar 30, 2016Auditor changed: Moss Adams replaced PwC, first reported on the Form ADV filed March 30, 2016 (previous filing March 24, 2015)Auditor changed Fact Form ADV
- Mar 28, 2012DFJ Frontier Fund II, L.P. first reported on Form ADV by DFJ Frontier (Venture Capital Fund), GAV $63,652,000Fund first reported on Form ADV Fact Form ADV
Evidence
Every observation on this vehicle
Relationships across DFX
on 2 other DFX graphs · 5 capital paths
DFJ Frontier Fund II, L.P. is the same institution as 2 records in Allocators and RIA and Wealth.
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.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
DFJ Frontier Fund II, L.P. sits on 5 traced paths of capital across the graphs.
DFX traced 5 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Record history
- LP commitment disclosed2025-12-31source on record
- Fund first reported on ADV2012-03-28source 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.