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Hcm IV, L.P.

Venture Capital FundFund ID 805-9513534039Delaware, United States
Gross assets
$401.5M
Min. investment
Beneficial owners
139
Size rank
Top 20%
Audited
Yes
Structure
Standalone

About this fund

Hcm IV, L.P. is a venture capital fund managed by Human Capital Investment Management LLC. The fund reports $401.5 million in gross assets, placing it among the top 20% of private funds by size. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-9513534039
Fund typeVenture Capital Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued12%

Other funds from this manager

FundTypeGross assets
Hcm V, L.P.Venture Capital$1.14B
Hcm S9a LPVenture Capital$500.6M
Hcm VI, L.P.Venture Capital$460.1M
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Frequently asked questions

How large is Hcm IV, L.P.?

Hcm IV, L.P. reports $401.5 million in gross assets, among the top 20% of private funds by size.

Who manages Hcm IV, L.P.?

Hcm IV, L.P. is managed by Human Capital Investment Management LLC.

Does Hcm IV, L.P. disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Service providers

Prime broker
None reported
Auditor

Reported gross assets

$401.5M▲ 25%
Mar '25 — $322.1MApr '25 — $322.1MMay '25 — $322.1MJun '25 — $322.1MJul '25 — $322.1MAug '25 — $322.1MSep '25 — $322.1MOct '25 — $322.1MNov '25 — $322.1MDec '25 — $322.1MJan '26 — $322.1MFeb '26 — $322.1MMar '26 — $401.5MApr '26 — $401.5MMay '26 — $401.5MJun '26 — $401.5M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 20%
Larger than 80% of 67,041 private funds
Gross assets vs Venture Capital FundsTop 8%
Larger than 92% of 5,217 venture capital funds

Investor base

Adviser & related persons1%
Funds of funds3%
Non-U.S. persons65%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.