Matrix Partners
Matrix Partners last closed a fund in October 2023 — 37 months ago. By its own rhythm, that is already past its usual gap.
Matrix Partners has raised 7 times on its China funds about every 24 months. The last was Matrix Partners China VII-A, L.P. That pointed to Oct 2025. It is 13 months past its own gap and has not filed a new fund.
Historically about 1 in 4 firms in this position filed within a year. The month is approximate — how often this is right.
Late-cycle This firm is deep enough into its last fund that a new one would not be a surprise.
- Funds on file
- 24
- Capital raised
- $8.84B
- Latest close
- October 2023
- Based in
- FL, MA, non-US
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Matrix Partners China VII-A, L.P. | October 2023 | $92M | 0001940997 ↗ |
| Matrix Partners India IV-A, L.P. | May 2023 | $15M | 0001941107 ↗ |
| Weston & Co. XII LLC | September 2022 | $62M | 0001941078 ↗ |
| Matrix Partners India IV, L.P. | June 2022 | $518M | 0001934260 ↗ |
| Matrix Partners China VII, L.P. | June 2022 | $1.60B | 0001933289 ↗ |
| Matrix Partners XII, L.P. | June 2022 | $800M | 0001933208 ↗ |
| Matrix Partners China VI-A, L.P. | April 2021 | $130M | 0001811635 ↗ |
| Matrix Partners China VI, L.P. | May 2020 | $1.20B | 0001811631 ↗ |
| Matrix Partners China V-A, L.P. | December 2018 | $78M | 0001759919 ↗ |
| Weston & Co. XI LLC | November 2018 | $29M | 0001759804 ↗ |
| Matrix Partners India III, LLC | August 2018 | $300M | 0001740971 ↗ |
| Matrix Partners XI, L.P. | June 2018 | $450M | 0001740872 ↗ |
| MATRIX PARTNERS CHINA V, L.P. | June 2018 | $750M | 0001740838 ↗ |
| Matrix Partners China IV-A, L.P. | September 2016 | $50M | 0001683803 ↗ |
| Matrix Partners China IV, L.P. | January 2016 | $500M | 0001665947 ↗ |
| Matrix Partners China III-A, L.P. | June 2014 | $39M | 0001604802 ↗ |
| Matrix Partners China III, L.P. | April 2014 | $350M | 0001604770 ↗ |
| Matrix Partners X, L.P. | April 2013 | $450M | 0001575217 ↗ |
| Matrix Partners China II-A, L.P. | April 2011 | $38M | 0001517727 ↗ |
| Matrix Partners China II, L.P. | March 2011 | $350M | 0001517725 ↗ |
| Matrix Partners IX Special Opportunities Fund, L.P. | — | $150M | 0001468394 ↗ |
| Matrix Partners IX, L.P. | — | $450M | 0001468392 ↗ |
| Matrix Partners India II, LLC | — | $331M | 0001518138 ↗ |
| Matrix Partners India II Extension, LLC | — | $110M | 0001675829 ↗ |
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
Named on filings
Timothy Barrows, David Su, David Zhang, Yibo Shao, Antonio Rodriguez, Dana Stalder, Andrew Verhalen, Ilya Sukhar
What Matrix Partners invests in
- Typical fund
- $331M median, multistage
- Website
- mpci.com.hk
Service providers
- Fund administrator
- Linnovate (6 funds); no administrator reported for 6 funds
- Auditor
- PwC (12 funds)
From Form ADV filed by MPC MANAGEMENT LTD. CRD 163224 ↗, latest filing March 2026, covering 12 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.