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 / Craft Ventures II, L.P.

Craft Ventures II, L.P.

MatureUnknownFundADV: Venture Capital FundCraft Ventures Management LPDelaware
Amounts, each with its basis
Vintage
2019basis: adv first reported
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
indefinitewhat may be sold, not what was raised; file 021-326096, sworn by the adviser or filed under this vehicle
Form D sold
$0as of the filing of Nov 19, 2018
First sale
unknown
Reported GAV
$1.6Bon the Form ADV filed Sep 14, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
71
Reported on ADV
Mar 29, 2019 to Sep 14, 2026
Structure
master
Fundraising evidence
Unknown
latest Form D 2018-11-19, older than 15 months (fr-1)
evidence dated Nov 19, 2018. 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: 7first sale: n/avintage year: $2,019adv gav as of: 2026-09-14vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: n/aform d latest filed at: 2018-11-19
The fund's own reporting through time
11 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 29, 2019Venture Capital Fund$458M
513%yes
Mar 27, 2020Venture Capital Fund$490M
682%yes
Mar 28, 2021Venture Capital Fund$703M
682%yes
Mar 31, 2022Venture Capital Fund$2.0B
682%yes
May 6, 2022Venture Capital Fund$2.0B
682%yes
May 24, 2022Venture Capital Fund$2.0B
682%yes
Mar 31, 2023Venture Capital Fund$1.8B
712%yes
Jun 7, 2023Venture Capital Fund$1.8B
712%yes
Mar 27, 2024Venture Capital Fund$1.5B
712%yes
May 17, 2024Venture Capital Fund$1.5B
712%yes
Sep 14, 2026$1.6B
712%
Principals and agents
2 principals on Form D, 0 placement agents
  • General Partner Craft Ventures GP II, LLC Promoter
  • Craft Ventures GP II, LP general partner (ADV 7.B.(1).A.3)
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.gov2019$10.0M$10.0M$67,298$25.0M17.8%2.5xMar 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
3 events
  1. Mar 31, 2026
    SDCERS reports Craft Ventures II, L.P.: $10,000,000 committed, vintage 2019, net IRR 17.8%, 2.5x
    LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  2. Mar 29, 2019
    Craft Ventures II, L.P. first reported on Form ADV by Sacks Capital (Venture Capital Fund), GAV $457,960,000
    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)
  3. Nov 19, 2018
    Craft Ventures II, L.P. filed Form D: no sales yet (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle