Joy Capital

Joy Capital Management, Ltd.

Grand Cayman, Cayman Islands Exempt reporting adviser

Joy Capital reports 5 venture funds on Form ADV among 5 private funds, with $1.7B in gross private fund assets.

Find LPs that back firms like this Claim this page

Venture funds5of 5 private funds

Private fund assets$1.7BGross, Form ADV, September 2026

Funds on Form D5$740M reported raised

LPs on the record2Foundations and public plans

Reported raised, by the year each fund began raising

The numbers

Began raising	Raised
2015	$200M
2019	$385M
2022	$155M

Funds on Form D

Venture funds whose Form D filings carry this adviser’s name, matched by name. Amounts are what each fund last reported to the SEC.

Fund	Began raising	Target	Raised	Investors	Latest filing
Joy Capital IV, L.P.	2022	$300M	$155M	7	June 27, 2023
Joy Capital III, L.P.	2019	$385M	$385M	38	July 23, 2019
Joy Capital Opportunity, L.P.	2018	$300M	—	—	November 2, 2018
Joy Capital II, L.P.	2017	$300M	—	—	August 25, 2017
Joy Capital I, L.P.	2015	$200M	$200M	25	July 1, 2016

Track record

A score of 39 out of 100 from the 4 funds public LPs report, 1 of them in the top half of their vintage. Its ranked funds’ median TVPI is 1.30x and median DPI 0.02x. Pooled where reports give cash flows: 1.35x TVPI, 0.14x DPI. That ranks it 95th of 123 managers with a score.

Each fund once, as the latest of one LP’s reports ranks it by TVPI against funds of the same vintage in those reports; 50 is the median fund, and a short record is pulled toward 50. The full record in LP Intelligence, with each fund’s rank and what usually follows a fund like its latest, or every manager’s.

LPs on the record

2 LPs report holding Joy Capital’s funds.

LACERA Public pension plan · 5 funds
Genworth Life Insurance Company Insurer · 1 fund

Find LPs that back firms like this one in Hottub’s LP Intelligence: ranked by overlap, with what each holds and how to reach it.

Firms whose LPs overlap

The firms sharing the most LPs on record with Joy Capital, relative to how many LPs each has. A peer set like this is what Find LPs ranks LPs from.

Insight Partners 2 LPs in common

Find LPs for Joy Capital and these firms: Hottub ranks the LPs that hold their funds, the ones still adding funds first.

Registration

Legal name: Joy Capital Management, Ltd.
Status: Exempt reporting adviser since August 14, 2015
CRD number: 277061

Full Form ADV on the SEC’s Investment Adviser Public Disclosure site

About this data

Registered and exempt reporting advisers that report managing at least one venture capital fund on Form ADV, with the number of private funds and their gross assets as each adviser reports them. Advisers whose business name reads as an individual's are left out. From the roster published for September 2026. Source. Benchmarks for funds like these are in Raise benchmarks.