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 / Longitude Venture Partners IV, L.P.

Longitude Venture Partners IV, L.P.

MatureUnknownFundADV: Venture Capital FundLongitude Capital Management Co., LLCDelaware
Amounts, each with its basis
Vintage
2020basis: 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
$550Mwhat may be sold, not what was raised; file 021-349320, sworn by the adviser or filed under this vehicle
Form D sold
$0as of the filing of Sep 20, 2019
First sale
unknown
Reported GAV
$639Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
80
Reported on ADV
Mar 13, 2020 to Mar 29, 2024
Fundraising evidence
Unknown
latest Form D 2019-09-20, older than 15 months (fr-1)
evidence dated Sep 20, 2019. 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: 6first sale: n/avintage year: $2,020adv gav as of: 2024-03-29vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $550Mform d latest filed at: 2019-09-20
The fund's own reporting through time
7 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 13, 2020Venture Capital Fund$575M
80$10.0M2%yes
Mar 24, 2021Venture Capital Fund$709M
80$10.0M2%yes
Sep 22, 2021Venture Capital Fund$709M
80$10.0M2%yes
Nov 2, 2021Venture Capital Fund$709M
80$10.0M2%yes
Mar 30, 2022Venture Capital Fund$826M
80$10.0M2%yes
Mar 30, 2023Venture Capital Fund$673M
80$10.0M2%yes
Mar 29, 2024Venture Capital Fund$639M
80$10.0M2%yes
Principals and agents
3 principals on Form D, 0 placement agents
Limited partners and their reported performance
1 public LP report
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
Colorado Public Employees' Retirement Association content.copera.org2020$50.0M$51.8M$19.8Mn/a22.0%unknownDec 31, 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
3 events
  1. Dec 31, 2025
    Colorado PERA reports Longitude Venture Partners IV: $50,000,000 committed, vintage 2020
  2. Mar 13, 2020
    Longitude Venture Partners IV, L.P. first reported on Form ADV by Longitude Capital Management Co., LLC (Venture Capital Fund), GAV $574,592,000
  3. Sep 20, 2019
    Longitude Venture Partners IV, L.P. filed Form D: no sales yet of $550,000,000, Venture Capital Fund
Evidence
30 observations
Every observation on this vehicle