Zhen Advisors, Ltd.
Grand Cayman, Cayman Islands Exempt reporting adviser
Zhen Advisors, Ltd. reports 21 venture funds on Form ADV among 21 private funds, with $2.5B in gross private fund assets.
The numbers
| Began raising | Raised |
|---|---|
| 2014 | $100M |
| 2019 | $18M |
| 2019 | $3.5M |
| 2020 | $4.7M |
Updates from Zhen Advisors, Ltd.
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 |
|---|---|---|---|---|---|
| Zhen Partners Fund VIII-A, L.P. | 2026 | $299M | — | — | April 16, 2026 |
| Zhen Partners Fund VII, L.P. | 2022 | $400M | — | — | February 10, 2022 |
| Zhen Partners Special IV, L.P. | 2022 | Not stated | — | — | June 21, 2022 |
| Zhen Fund COXVI LLC | 2021 | $2M | — | — | November 23, 2021 |
| Zhen Fund COIX LLC | 2020 | $4.7M | $4.7M | 2 | March 23, 2020 |
| Zhen Partners Fund VI, L.P. | 2020 | $250M | — | — | March 18, 2020 |
| Zhen Fund COII LLC | 2019 | $10M | — | — | January 17, 2019 |
| Zhen Fund COIV LLC | 2019 | $15M | — | — | August 9, 2019 |
| Zhen Fund COV LLC | 2019 | $18M | $18M | — | February 12, 2020 |
| Zhen Fund COVI LLC | 2019 | $2M | — | — | September 3, 2019 |
| Zhen Fund COVII LLC | 2019 | $3.5M | $3.5M | 3 | October 8, 2019 |
| Zhen Fund COVIII LLC | 2019 | $4M | — | — | November 7, 2019 |
| Zhen Fund SP LLC | 2019 | $5.5M | — | — | August 9, 2019 |
| Zhen Partners Fund V, L.P. | 2018 | $190M | — | — | March 28, 2018 |
| Zhen Partners Fund IV, L.P. | 2015 | $150M | — | — | December 29, 2015 |
| Zhen Partners Fund III, L.P. | 2014 | $100M | $100M | 8 | January 7, 2015 |
| Zhen Partners Fund I, L.P. | 2011 | Not stated | — | — | January 10, 2012 |
LPs on the record
2 private foundations list on their latest IRS Form 990-PF Zhen Advisors, Ltd.’s funds.
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.
Registration
- Legal name
- Zhen Advisors, Ltd.
- Status
- Exempt reporting adviser since May 12, 2016
- CRD number
- 283311
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.