Yu Star
Yu Star last closed a fund in January 2024 — 34 months ago. By its own rhythm, that is already past its usual gap.
Yu Star has raised 3 times about every 21 months. The last was Yu Star Fund III, LP. 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.
Mid-cycle This firm is far enough into its last fund to be investing, and too early to be raising again.
- Funds on file
- 4
- Capital raised
- $10M+
- Latest close
- January 2024
- Based in
- CA
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Yu Star Fund III, LP | January 2024 | not stated | 0002007408 ↗ |
| Yu Star Select I, LP | June 2023 | not stated | 0001967652 ↗ |
| Yu Star Fund II, LP | April 2022 | not stated | 0001921708 ↗ |
| Yu Star Fund I, LP | August 2020 | $10M | 0001828339 ↗ |
3 of these filed no amount (an “Indefinite” offering), so the total above is a floor.
Dated from filing date; no date of first sale was reported.
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
Pingrong Yu
What Yu Star invests in
- Typical fund
- $10M median, pre-seed / seed scale
- Website
- yugalaxy.com
Service providers
- Fund administrator
- Northmountain Fund Services (3 funds)
- Auditor
- Frank Rimerman (2 funds)
From Form ADV filed by YU GALAXY LLC CRD 323204 ↗, latest filing March 2026, covering 3 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.