DFX Intelligence
Venture Capital Intelligence
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 / Vivo Capital Fund Viii, L.P.
Vivo Capital Fund Viii, L.P.
Amounts, each with its basis
- Vintage
- 2014basis: 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
- $601Mwhat may be sold, not what was raised; file 021-230367, sworn by the adviser or filed under this vehicle
- Form D sold
- $601Mas of the filing of Feb 5, 2015, 43 investors
- First sale
- Dec 17, 2014
- Reported GAV
- $609Mon the Form ADV filed Sep 19, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 59
- Reported on ADV
- Mar 26, 2015 to Sep 19, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2015-02-05: the stated $600.6M offering reported fully sold (fr-1)
evidence dated Feb 5, 2015. 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
Harvest
vintage over 7 years, still reported
age years: 12first sale: 2014-12-17vintage year: $2,014adv gav as of: 2024-09-19vintage basis: form_d_first_saleform d sold usd: $601Mform d offering usd: $601Mform d latest filed at: 2015-02-05
The fund's own reporting through time
20 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 26, 2015 | Venture Capital Fund | $406M | 34 | $250,000 | 0% | yes | |
| Mar 30, 2016 | Venture Capital Fund | $678M | 57 | $250,000 | 2% | yes | |
| Jun 30, 2016 | Venture Capital Fund | $682M | 57 | $250,000 | 2% | yes | |
| Jan 17, 2017 | Venture Capital Fund | $682M | 57 | $250,000 | 2% | yes | |
| Mar 29, 2017 | Venture Capital Fund | $678M | 59 | $250,000 | 2% | yes | |
| Mar 30, 2018 | Venture Capital Fund | $786M | 59 | $250,000 | 2% | yes | |
| Mar 29, 2019 | Venture Capital Fund | $764M | 59 | $250,000 | 2% | yes | |
| Nov 22, 2019 | Venture Capital Fund | $764M | 59 | $250,000 | 2% | yes | |
| Mar 27, 2020 | Venture Capital Fund | $937M | 59 | $250,000 | 2% | yes | |
| Aug 31, 2020 | Venture Capital Fund | $937M | 59 | $250,000 | 2% | yes | |
| Sep 9, 2020 | Venture Capital Fund | $937M | 59 | $250,000 | 2% | yes | |
| Nov 4, 2020 | Venture Capital Fund | $937M | 59 | $250,000 | 2% | yes | |
| Jan 29, 2021 | Venture Capital Fund | $937M | 59 | $250,000 | 2% | yes | |
| Mar 31, 2021 | Venture Capital Fund | $1.4B | 59 | $250,000 | 2% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $1.2B | 59 | $250,000 | 2% | yes | |
| Mar 31, 2023 | Private Equity Fund | $905M | 59 | $250,000 | 2% | yes | |
| Apr 3, 2023 | Private Equity Fund | $905M | 59 | $250,000 | 2% | yes | |
| Apr 28, 2023 | Private Equity Fund | $905M | 59 | $250,000 | 2% | yes | |
| Mar 28, 2024 | Private Equity Fund | $609M | 59 | $250,000 | 2% | yes | |
| Sep 19, 2024 | Private Equity Fund | $609M | 59 | $250,000 | 2% | yes |
Principals and agents
4 principals on Form D, 0 placement agents
- Albert Cha Director
- Vivo Capital VIII, LLC Promoter
- Edgar Engleman Director
- Frank Kung Director
Limited partners and their reported performance
1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| California State Teachers' Retirement System calstrs.com | 2015 | $40.0M | $40.0M | $60.4M | $18.2M | 14.9% | 2.0x | Jun 30, 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
6 events
- Jun 30, 2025CalSTRS reports Vivo Capital Fund VIII, L.P.: $40,000,000 committed, vintage 2015, net IRR 14.9%, 1.96xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Jun 30, 2025CalSTRS reports Vivo Capital Fund VIII, L.P.: $40,000,000 committed, vintage 2015, net IRR 14.9%, 1.96xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 26, 2015Vivo Capital Fund Viii, L.P. first reported on Form ADV by Vivo Ventures, LLC (Venture Capital Fund), GAV $405,765,306Fund 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)
- Mar 18, 2015Vivo Capital Fund VIII, L.P. filed Form D/A: $750,000,000 sold of $750,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Feb 5, 2015Vivo Capital Fund VIII, L.P. filed Form D/A: $600,650,000 sold of $600,650,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Dec 18, 2014Vivo Capital Fund VIII, L.P. filed Form D: $427,650,000 sold of $427,650,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
48 observations
Every observation on this vehicle
- Entity type: Limited Partnership Mar 18, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Feb 5, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Dec 18, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Mar 18, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Feb 5, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Dec 18, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Mar 18, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Feb 5, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Dec 18, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Mar 18, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Feb 5, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Dec 18, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Mar 18, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Feb 5, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Dec 18, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Mar 18, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Feb 5, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Dec 18, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Mar 18, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Feb 5, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Dec 18, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $750M Mar 18, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $601M Feb 5, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $428M Dec 18, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $750M Mar 18, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $601M Feb 5, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $428M Dec 18, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Mar 18, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Feb 5, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Dec 18, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2014-12-17 Mar 18, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2014-12-17 Feb 5, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2014-12-17 Dec 18, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 56 Mar 18, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 43 Feb 5, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 33 Dec 18, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Mar 18, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Feb 5, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Dec 18, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Mar 18, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Feb 5, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Dec 18, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 575 HIGH STREET, PALO ALTO, CA, 94301 Mar 18, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 575 High Street, Suite 201, PALO ALTO, CA, 94301 Feb 5, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 575 HIGH STREET, PALO ALTO, CA, 94301 Dec 18, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2014 Mar 18, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2014 Feb 5, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2014 Dec 18, 2014 Fact SEC EDGAR Form D data sets (quarterly)