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 / GGV Capital IV L.P.
GGV Capital IV L.P.
Amounts, each with its basis
- Vintage
- 2011basis: 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
- $509Mwhat may be sold, not what was raised; file 021-182731, sworn by the adviser or filed under this vehicle
- Form D sold
- $509Mas of the filing of Aug 15, 2012, 54 investors
- First sale
- May 27, 2011
- Reported GAV
- $72.5Mon the Form ADV filed Sep 4, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 73
- Reported on ADV
- Mar 29, 2012 to Sep 4, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2012-08-15: the stated $508.9M offering reported fully sold (fr-1)
evidence dated Aug 15, 2012. 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: 15first sale: 2011-05-27vintage year: $2,011adv gav as of: 2024-09-04vintage basis: form_d_first_saleform d sold usd: $509Mform d offering usd: $509Mform d latest filed at: 2012-08-15
The fund's own reporting through time
21 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2012 | Venture Capital Fund | $212M | 32 | $100,000 | 3% | yes | |
| Oct 17, 2012 | Venture Capital Fund | $212M | 32 | $100,000 | 3% | yes | |
| Mar 28, 2013 | Venture Capital Fund | $160M | 54 | $100,000 | 5% | yes | |
| Mar 31, 2014 | Venture Capital Fund | $359M | 55 | $700,000 | 5% | yes | |
| Mar 31, 2015 | Venture Capital Fund | $866M | 56 | $700,000 | 5% | yes | |
| Mar 30, 2016 | Venture Capital Fund | $1.0B | 56 | $700,000 | 5% | yes | |
| Mar 30, 2016 | Venture Capital Fund | $1.0B | 56 | $700,000 | 5% | yes | |
| Mar 30, 2017 | Venture Capital Fund | $930M | 59 | $250,000 | 5% | yes | |
| Mar 28, 2018 | Venture Capital Fund | $1.2B | 62 | $57,343 | 5% | yes | |
| Mar 28, 2019 | Venture Capital Fund | $1.1B | 70 | $28,530 | 5% | yes | |
| Mar 27, 2020 | Venture Capital Fund | $1.2B | 70 | $28,530 | 5% | yes | |
| Mar 29, 2021 | Venture Capital Fund | $1.4B | 70 | $28,530 | 5% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $557M | 70 | $28,530 | 5% | yes | |
| Mar 30, 2023 | Venture Capital Fund | $178M | 70 | $28,530 | 5% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $72.5M | 73 | $10,271 | 5% | yes | |
| Apr 23, 2024 | Venture Capital Fund | $72.5M | 73 | $10,271 | 5% | yes | |
| Sep 4, 2024 | Venture Capital Fund | $72.5M | 73 | $10,271 | 5% | yes | |
| Sep 12, 2026 | $5.1M | 39 | 100% | ||||
| Sep 14, 2026 | $3.4B | 143 | $250,000 | 10% | |||
| Sep 14, 2026 | $9.7M | 33 | 1% | ||||
| Sep 14, 2026 | $211M | 44 | 1% |
Principals and agents
20 principals on Form D, 0 placement agents
- Thomas K. Ng Director/Promoter
- Jeff B. Richards Director/Promoter
- GGV Capital IV L.L.C. Promoter
- Zhuo Hongwei Fumin Director/Promoter
- Jenny Hongwei Lee Director/Promoter
- Glenn B. Soloman Director/Promoter
- Jixun Hongwei Foo Director/Promoter
- Hany M. Nada Director/Promoter
- Balderton Capital Partners IV, L.P. general partner (ADV 7.B.(1).A.3)
- Spark Management Partners, LLC general partner (ADV 7.B.(1).A.3)
- Spark Management Partners III, LLC general partner (ADV 7.B.(1).A.3)
- Spark Management Partners II, LLC general partner (ADV 7.B.(1).A.3)
- The Founders Fund VII Management, LLC general partner (ADV 7.B.(1).A.3)
- FF Erebor Management, LLC general partner (ADV 7.B.(1).A.3)
- The Founders Fund Growth Management, LLC general partner (ADV 7.B.(1).A.3)
- FF Miruvor Management, LLC general partner (ADV 7.B.(1).A.3)
- The Founders Fund VI Management, LLC general partner (ADV 7.B.(1).A.3)
- Dark Pool Capital LLC general partner (ADV 7.B.(1).A.3)
- Sorenson Ventures Advisors, L.P. general partner (ADV 7.B.(1).A.3)
- - PUMA VC Fund I GP LP general partner (ADV 7.B.(1).A.3)
Limited partners and their reported performance
2 public LP reports
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Oregon Public Employees Retirement Fund oregon.gov | 2011 | $50.0M | $50.3M | $84.4M | $1.5M | 8.3% | 1.7x | Mar 31, 2026 |
| California State Teachers' Retirement System calstrs.com | 2011 | $60.0M | $62.8M | $103M | $2.8M | 8.3% | 1.7x | 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
7 events
- Mar 31, 2026OPERF reports GGV Capital IV: $50,000,000 committed, vintage 2011, net IRR 8.3%, 1.71xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 31, 2026OPERF reports GGV Capital IV: $50,000,000 committed, vintage 2011, net IRR 8.3%, 1.71xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Jun 30, 2025CalSTRS reports GGV Capital IV, L.P.: $60,000,000 committed, vintage 2011, net IRR 8.3%, 1.69xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Jun 30, 2025CalSTRS reports GGV Capital IV, L.P.: $60,000,000 committed, vintage 2011, net IRR 8.3%, 1.69xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Aug 22, 2024GGV Capital IV L.P. no longer reported on Form ADV by GGV Management L.L.C.Fund no longer reported Inference SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Aug 15, 2012GGV Capital IV L.P. filed Form D: $508,876,307 sold of $508,876,307, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 29, 2012GGV Capital IV L.P. first reported on Form ADV by GGV Management L.L.C. (Venture Capital Fund), GAV $211,769,453Fund 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)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Aug 15, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Aug 15, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Aug 15, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Aug 15, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Aug 15, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Aug 15, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Aug 15, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $509M Aug 15, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $509M Aug 15, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06, 3C, 3C.1 Aug 15, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2011-05-27 Aug 15, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 54 Aug 15, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Aug 15, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity,pooled Aug 15, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: C/O GGV CAPITAL IV L.L.C., 2494 SAND HILL ROAD, SUITE 100, MENLO PARK, CA, 94025 Aug 15, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2011 Aug 15, 2012 Fact SEC EDGAR Form D data sets (quarterly)