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Union Grove Partners Venture Access Fund Ii-B, LP

Venture Capital FundFund ID 805-1436479252Delaware, United States
Gross assets
$160.8M
Min. investment
$100M
Beneficial owners
2
Size rank
Top 35%
Audited
Yes
Structure
Standalone

About this fund

Union Grove Partners Venture Access Fund Ii-B, LP is a venture capital fund managed by Ugvp Management, LLC. The fund reports $160.8 million in gross assets, placing it among the top 35% of private funds by size. The stated minimum investment is $100 million. 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 ID805-1436479252
Fund typeVenture Capital Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsYes
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued0%

Other funds from this manager

FundTypeGross assets
Union Grove Partners Venture Access Fund, LPVenture Capital$139.9M
Union Grove Partners Venture Access Fund II, LPVenture Capital$107.1M
Union Grove Partners 2021, LPVenture Capital$47.6M
Union Grove Partners Direct Venture Fund, LPVenture Capital$10.5M
Union Grove Holdings II, LLCVenture Capital$3.8M
Union Grove Pm Holdings LLCVenture Capital$1.2M

Frequently asked questions

How large is Union Grove Partners Venture Access Fund Ii-B, LP?

Union Grove Partners Venture Access Fund Ii-B, LP reports $160.8 million in gross assets, among the top 35% of private funds by size.

What is the minimum investment for Union Grove Partners Venture Access Fund Ii-B, LP?

The stated minimum investment is $100 million.

Who manages Union Grove Partners Venture Access Fund Ii-B, LP?

Union Grove Partners Venture Access Fund Ii-B, LP is managed by Ugvp Management, LLC.

Does Union Grove Partners Venture Access Fund Ii-B, LP disclose returns?

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

Manager

Service providers

Prime broker
None reported
Administrator
Auditor

Reported gross assets

$160.8M▲ 5%
Apr '25 — $152.8MMay '25 — $152.8MJun '25 — $152.8MJul '25 — $152.8MAug '25 — $152.8MSep '25 — $152.8MOct '25 — $152.8MNov '25 — $152.8MDec '25 — $152.8MJan '26 — $152.8MFeb '26 — $152.8MMar '26 — $160.8MApr '26 — $160.8MMay '26 — $160.8MJun '26 — $160.8MJul '26 — $160.8M
Apr '25Form ADV, monthlyJul '26

How this fund compares

Gross assetsTop 35%
Larger than 65% of 67,246 private funds
Gross assets vs Venture Capital FundsTop 16%
Larger than 84% of 5,246 venture capital funds
Minimum investmentTop 2%
Higher than 98% of funds reporting a minimum

Investor base

Adviser & related persons1%
Funds of funds99%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.