Vivo Capital Fund Viii, L.P.

Fundmanaged by Vivo Capital, LLC· Delaware
Vintage
2014
Form D sold
$601M
Reported gross assets
$469M
Form ADV, Mar 31, 2026
HarvestClosed to new capitalADV: Private Equity Fund
More
As of · the latest observation of this vehicle; each figure below carries its own filing date

1 additional principal, 7 additional placement agents, 1 event

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. -23%
    reported GAV

    Reported gross assets fell from $609M to $469M between the Form ADV filings of 19 Sep 2024 and 31 Mar 2026.

    The fund's assets as the adviser swears them, never its size or dry powder.

    Derivedtwo Form ADV Schedule D filingsFor LPs, secondaries buyersReporting →
Drawing the relationship network…

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
$469Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
60
Reported on ADV
Mar 26, 2015 to Mar 31, 2026

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.

Lifecycle

Harvest
vintage over 7 years, still reported
age years: 12first sale: Dec 17, 2014vintage year: 2014adv gav as of: Mar 31, 2026vintage basis: Form d first saleform d sold: $601Mform d offering: $601Mform d latest filed at: Feb 5, 2015

The fund's own reporting through time

21 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 26, 2015Venture Capital Fund$406M
34$250,0000%yes
Mar 30, 2016Venture Capital Fund$678M
57$250,0002%yes
Jun 30, 2016Venture Capital Fund$682M
57$250,0002%yes
Jan 17, 2017Venture Capital Fund$682M
57$250,0002%yes
Mar 29, 2017Venture Capital Fund$678M
59$250,0002%yes
Mar 30, 2018Venture Capital Fund$786M
59$250,0002%yes
Mar 29, 2019Venture Capital Fund$764M
59$250,0002%yes
Nov 22, 2019Venture Capital Fund$764M
59$250,0002%yes
Mar 27, 2020Venture Capital Fund$937M
59$250,0002%yes
Aug 31, 2020Venture Capital Fund$937M
59$250,0002%yes
Sep 9, 2020Venture Capital Fund$937M
59$250,0002%yes
Nov 4, 2020Venture Capital Fund$937M
59$250,0002%yes
Jan 29, 2021Venture Capital Fund$937M
59$250,0002%yes
Mar 31, 2021Venture Capital Fund$1.4B
59$250,0002%yes
Mar 31, 2022Venture Capital Fund$1.2B
59$250,0002%yes
Mar 31, 2023Private Equity Fund$905M
59$250,0002%yes
Apr 3, 2023Private Equity Fund$905M
59$250,0002%yes
Apr 28, 2023Private Equity Fund$905M
59$250,0002%yes
Mar 28, 2024Private Equity Fund$609M
59$250,0002%yes
Sep 19, 2024Private Equity Fund$609M
59$250,0002%yes
Mar 31, 2026Private Equity Fund$469M
60$250,0002%

Principals and agents

4 principals on Form D, 0 placement agents

Service providers

10 named on Form ADV Schedule D and Form D

Limited partners and their reported performance

1 public LP report
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
California State Teachers' Retirement System calstrs.com2015$40.0M$40.0M$60.4M$18.2M14.9%2.0xJun 30, 2025

Known LPs and allocators

1 relationship, public pensions and the allocator graph, each counted once
AllocatorTypeAmountDateSource
California State Teachers' Retirement SystemSTATE RETIREMENT SYSTEM$40.0M
committed
reported as of Jun 30, 2025Fact Pension disclosure

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
  1. Jun 30, 2025
    CalSTRS reports Vivo Capital Fund VIII, L.P.: $40,000,000 committed, vintage 2015, net IRR 14.9%, 1.96x
    LP commitment disclosed Fact Pension disclosure
  2. Jun 30, 2025
    CalSTRS reports Vivo Capital Fund VIII, L.P.: $40,000,000 committed, vintage 2015, net IRR 14.9%, 1.96x
    LP commitment disclosed Fact Pension disclosure
  3. Mar 26, 2015
    Vivo Capital Fund Viii, L.P. first reported on Form ADV by Vivo Ventures, LLC (Venture Capital Fund), GAV $405,765,306
    Fund first reported on Form ADV Fact Form ADV
  4. Mar 18, 2015
    Vivo Capital Fund VIII, L.P. filed Form D/A: $750,000,000 sold of $750,000,000, Venture Capital Fund
    Form D filed Fact Form D
  5. Feb 5, 2015
    Vivo Capital Fund VIII, L.P. filed Form D/A: $600,650,000 sold of $600,650,000, Venture Capital Fund
    Form D filed Fact Form D

Evidence

48 observations
Every observation on this vehicle
  • Entity type: Limited Partnership Mar 18, 2015 Fact Form D
  • Entity type: Limited Partnership Feb 5, 2015 Fact Form D
  • Entity type: Limited Partnership Dec 18, 2014 Fact Form D
  • Form D fund type: Venture Capital Fund Mar 18, 2015 Fact Form D
  • Form D fund type: Venture Capital Fund Feb 5, 2015 Fact Form D
  • Form D fund type: Venture Capital Fund Dec 18, 2014 Fact Form D
  • Form D industry group: Pooled Investment Fund Mar 18, 2015 Fact Form D
  • Form D industry group: Pooled Investment Fund Feb 5, 2015 Fact Form D
  • Form D industry group: Pooled Investment Fund Dec 18, 2014 Fact Form D
  • Amendment: true Mar 18, 2015 Fact Form D
  • Amendment: true Feb 5, 2015 Fact Form D
  • Amendment: false Dec 18, 2014 Fact Form D
  • Revenue range (Form D): Decline to Disclose Mar 18, 2015 Fact Form D
  • Revenue range (Form D): Decline to Disclose Feb 5, 2015 Fact Form D
  • Revenue range (Form D): Decline to Disclose Dec 18, 2014 Fact Form D
  • Incorporated: withinFiveYears Mar 18, 2015 Fact Form D
  • Incorporated: withinFiveYears Feb 5, 2015 Fact Form D
  • Incorporated: withinFiveYears Dec 18, 2014 Fact Form D
  • Jurisdiction: Delaware Mar 18, 2015 Fact Form D
  • Jurisdiction: Delaware Feb 5, 2015 Fact Form D
  • Jurisdiction: Delaware Dec 18, 2014 Fact Form D
  • Amount sold (Form D): $750M Mar 18, 2015 Fact Form D
  • Amount sold (Form D): $601M Feb 5, 2015 Fact Form D
  • Amount sold (Form D): $428M Dec 18, 2014 Fact Form D
  • Offering amount (Form D): $750M Mar 18, 2015 Fact Form D
  • Offering amount (Form D): $601M Feb 5, 2015 Fact Form D
  • Offering amount (Form D): $428M Dec 18, 2014 Fact Form D
  • Exemptions: 06b, 3C, 3C.7 Mar 18, 2015 Fact Form D
  • Exemptions: 06b, 3C, 3C.7 Feb 5, 2015 Fact Form D
  • Exemptions: 06b, 3C, 3C.7 Dec 18, 2014 Fact Form D
  • First sale: 2014-12-17 Mar 18, 2015 Fact Form D
  • First sale: 2014-12-17 Feb 5, 2015 Fact Form D
  • First sale: 2014-12-17 Dec 18, 2014 Fact Form D
  • Investors (Form D): 56 Mar 18, 2015 Fact Form D
  • Investors (Form D): 43 Feb 5, 2015 Fact Form D
  • Investors (Form D): 33 Dec 18, 2014 Fact Form D
  • Minimum investment (Form D): 0 Mar 18, 2015 Fact Form D
  • Minimum investment (Form D): 0 Feb 5, 2015 Fact Form D
  • Minimum investment (Form D): 0 Dec 18, 2014 Fact Form D
  • Securities offered: pooled Mar 18, 2015 Fact Form D
  • Securities offered: pooled Feb 5, 2015 Fact Form D
  • Securities offered: pooled Dec 18, 2014 Fact Form D
  • Office address: Mar 18, 2015 Fact Form D
  • Office address: Feb 5, 2015 Fact Form D
  • Office address: Dec 18, 2014 Fact Form D
  • Year of incorporation: 2014 Mar 18, 2015 Fact Form D
  • Year of incorporation: 2014 Feb 5, 2015 Fact Form D
  • Year of incorporation: 2014 Dec 18, 2014 Fact Form D

Relationships across DFX

on 3 other DFX graphs · 5 capital paths
Across the graphs

Vivo Capital Fund Viii, L.P. is the same institution as 3 records in Allocators, RIA and Wealth and Private Equity.

Allocators1RIA and Wealth1Private Equity1

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.

Checking your plan…

Capital chain

Vivo Capital Fund Viii, L.P. sits on 5 traced paths of capital across the graphs.

Allocator to VC fund to manager to company

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

6 dated events on the change ledger, latest event first
  • LP commitment disclosed
    2025-06-30source on record
  • LP commitment disclosed
    2025-06-30source on record
  • Fund first reported on ADV
    2015-03-26source on record

+3 more changes on this record's ledger

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

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.