MaC Venture Capital
Also known as MaC VC
Los Angeles, United States Founded 2019 macventurecapital.com Los Angeles ecosystem (#3 of 32)
MaC Venture Capital’s latest fund is MaC Venture Capital Fund III: $150M, 2024, #211 of 427 firms by latest fund.
The numbers
| Year | Raised |
|---|---|
| 2021 | $110M |
| 2022 | $203M |
| 2024 | $150M |
Updates from MaC Venture Capital
Overview
Formed in 2019 from the merger of Cross Culture Ventures and M Ventures.
Funds
| Fund | Closed | Size | Source |
|---|---|---|---|
| MaC Venture Capital Fund III | 2024 | $150M | techcrunch.com |
| MaC Venture Capital Fund II | 2022 | $203M | socaltech.com |
| MaC Venture Capital Fund I | 2021 | $110M | gunder.com |
LPs on the record
8 private foundations list on their latest IRS Form 990-PF, and 1 other LP reports holding MaC Venture Capital’s funds.
- Marguerite Casey Foundation
- John D and Catherine T Macarthur Foundation
- Teachers' Retirement System of the State of Illinois (TRS)
6 more LPs are in the app. 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 MaC Venture Capital, relative to how many LPs each has. A peer set like this is what Find LPs ranks LPs from.
- Kapor Capital Management Company L.L.C.
- New Voices Advisors, LLC
- Heights LLC
- Collab Capital, LLC
- Longitude Capital Management Co., LLC
- Ulu Ventures Management Company, LLC
Find LPs for MaC Venture Capital and these firms: Hottub ranks the LPs that hold their funds, the ones still adding funds first.
Reported fund performance
As reported by public LPs that invested in these funds, net of fees. “Versus vintage” ranks each fund against every other fund of the same vintage in that LP’s report, mostly private equity and venture funds. Open a fund for its cash flows and full peer ranking.
| Fund | Vintage | Net IRR | Versus vintage (IRR) | TVPI | DPI | Reported by |
|---|---|---|---|---|---|---|
| MaC Venture Capital II | — | N/M | — | — | Teachers' Retirement System of the State of Illinois (TRS) | |
| MaC Venture Capital III | — | N/M | — | — | Teachers' Retirement System of the State of Illinois (TRS) |
Teachers' Retirement System of the State of Illinois (TRS): TRS Annual Comprehensive Financial Report, fiscal year 2025: Investment Assets Under Management, Private Equity, as of June 30, 2025. TRS lists each private equity partnership with one amount, its "Assets" at the fiscal year end, in the schedule "Investment Assets Under Management" of its Annual Comprehensive Financial Report (shown here as the market value, in whole dollars as printed). It reports no commitment amount, contributions, distributions, vintage year, multiple or IRR per fund, so committed, paid-in, distributed, total value, IRR, TVPI and DPI are blank; nothing is derived or estimated. All 263 entries under the schedule's "Private Equity" heading are included as TRS classifies them (buyout, growth, venture, co-investment and separately managed vehicles; 53 are "Annex" entries that TRS lists separately beside a fund of the same manager); the Public Equity, Real Assets, Income and Diversifying Strategies groups are not imported. The entries add up to $12,776,014,572, which equals the fair value of private equity partnerships in the notes to the report's financial statements ($12,776,014,570). The schedule's own note says it does not include managers terminated before June 30, 2025 with residual assets in the account. View source
About this data
Fund sizes come from firm announcements, SEC filings, and press reports, converted to US dollars near the closing date. Compiled as of October 9, 2026. Notable portfolio companies are examples from public sources, not a complete list.