DFX Intelligence
Craft Ventures II, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
2 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 1 LP reportpublic disclosures
1 public LP report name this vehicle; the latest, San Diego City Employees' Retirement System as of 31 Mar 2026, shows $10M committed and net IRR 17.8%, 2.50x (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 →
Drawing the relationship network…
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 evidenceWhat 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.
Unknown
latest Form D 2018-11-19, older than 15 months (fr-1)
evidence dated Nov 19, 2018.
LifecycleMature
vintage 4 to 7 years
age years: 7first sale: n/avintage year: 2019adv gav as of: Sep 14, 2026vintage basis: ADV first reportedform d sold: $0form d offering: n/aform d latest filed at: Nov 19, 2018
The fund's own reporting through time
12 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2019 | Venture Capital Fund | $458M | 51 | 3% | yes | ||
| Mar 27, 2020 | Venture Capital Fund | $490M | 68 | 2% | yes | ||
| Mar 28, 2021 | Venture Capital Fund | $703M | 68 | 2% | yes | ||
| Mar 31, 2022 | Venture Capital Fund | $2.0B | 68 | 2% | yes | ||
| May 6, 2022 | Venture Capital Fund | $2.0B | 68 | 2% | yes | ||
| May 24, 2022 | Venture Capital Fund | $2.0B | 68 | 2% | yes | ||
| Mar 31, 2023 | Venture Capital Fund | $1.8B | 71 | 2% | yes | ||
| Jun 7, 2023 | Venture Capital Fund | $1.8B | 71 | 2% | yes | ||
| Mar 27, 2024 | Venture Capital Fund | $1.5B | 71 | 2% | yes | ||
| May 17, 2024 | Venture Capital Fund | $1.5B | 71 | 2% | yes | ||
| Mar 31, 2026 | Venture Capital Fund | $1.6B | 71 | 2% | |||
| Sep 14, 2026 | $1.6B | 71 | 2% |
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)
Service providers
5 named on Form ADV Schedule D and Form D
- AuditorBDO · SAN FRANCISCO, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorADURO ADVISORS, LLC · DENVER, Colorado, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianFirst Citizens Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performanceWhose 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).
1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| San Diego City Employees' Retirement System content.sdcers.gov | 2019 | $10.0M | $10.0M | $67,298 | $25.0M | 17.8% | 2.5x | Mar 31, 2026 |
Known LPs and allocatorsWhat 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.
3 relationships, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| San Diego City Employees' Retirement System | MUNICIPAL RETIREMENT SYSTEM | $10.0M committed | reported as of Mar 31, 2026 | Fact Pension disclosure |
| Pritzker Traubert Foundation | FOUNDATION | $2.2M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
| Pritzker Foundation | FOUNDATION | $2.9M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
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
- Mar 31, 2026SDCERS reports Craft Ventures II, L.P.: $10,000,000 committed, vintage 2019, net IRR 17.8%, 2.5xLP commitment disclosed Fact Pension disclosure
- Mar 29, 2019Craft Ventures II, L.P. first reported on Form ADV by Sacks Capital (Venture Capital Fund), GAV $457,960,000Fund first reported on Form ADV Fact Form ADV
- Nov 19, 2018Craft Ventures II, L.P. filed Form D: no sales yet (indefinite offering), Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Adv pdf fund: CRAFT VENTURES II, L.P. Sep 14, 2026 Fact Form ADV
- Entity type: Limited Partnership Nov 19, 2018 Fact Form D
- Form D fund type: Venture Capital Fund Nov 19, 2018 Fact Form D
- Form D industry group: Pooled Investment Fund Nov 19, 2018 Fact Form D
- Amendment: false Nov 19, 2018 Fact Form D
- Revenue range (Form D): Decline to Disclose Nov 19, 2018 Fact Form D
- Incorporated: withinFiveYears Nov 19, 2018 Fact Form D
- Jurisdiction: Delaware Nov 19, 2018 Fact Form D
- Amount sold (Form D): $0 Nov 19, 2018 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Nov 19, 2018 Fact Form D
- Indefinite offering: true Nov 19, 2018 Fact Form D
- Investors (Form D): 0 Nov 19, 2018 Fact Form D
- Minimum investment (Form D): 0 Nov 19, 2018 Fact Form D
- Securities offered: pooled Nov 19, 2018 Fact Form D
- Office address: Nov 19, 2018 Fact Form D
- Year of incorporation: 2018 Nov 19, 2018 Fact Form D
Relationships across DFX
on 3 other DFX graphs · 15 capital paths
Across the graphs
Craft Ventures II, L.P. is the same institution as 3 records in Allocators, RIA and Wealth and Family Offices.
Allocators1RIA and Wealth1Family Offices1
DFX found 3 relationships across 3 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.
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Capital chain
Craft Ventures II, L.P. sits on 15 traced paths of capital across the graphs.
Allocator to VC fund to manager to company
DFX traced 15 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
3 dated events on the change ledger, latest event first
- LP commitment disclosed2026-03-31source on record
- Fund first reported on ADV2019-03-29source on record
- Form D filed2018-11-19source 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.