Managers/Private equity/Alpaca

Alpaca

Alpaca is a private equity and venture manager in Tokyo. It is registered with the SEC as an investment adviser with $149.9M in regulatory assets and 11 staff. It has 3 funds on file, the latest reported in May 2026.

Funds on file
3
Raised, all funds
$109.4M
Regulatory assets
$149.9M
Staff
11
Pension investors
None found
See the adviser's own filing →

Latest fund filing

Funds

DateFundTypeRaisedTarget
May 2026 Alpaca VC Fund IV LP Venture $0 Not given
May 2023 Alpaca VC Fund III LP Venture $78.1M $100M
Sep 2022 Alpaca Built World Fund I LP Venture $31.3M $100M

Adviser record

RegistrationRegistered with the SEC as an investment adviser.
Regulatory assets$149.9M
Employees11
Clients14 private funds.
Control personsRyan Freedman, David, R Goldberg, Raymond, Andrew Updyke.
Private funds12 private funds holding $183.7M in gross assets.

Private funds it reports

FundTypeGross assets
Alpaca VC Fund Iii Venture $75.3M
Corigin Ventures Fund II Venture $50.4M
Alpaca Built World Fund I Venture $44.5M
Alpaca Kraken I, A Series of Alpaca VC Master Direct Invest Private equity $4.6M
Alpaca VC SPV #3 Venture $3.7M
Alpaca Pair SPV Venture $1.7M
Alpaca VC SPV #4 Private equity $1.3M
Alpaca VC SPV #5 Venture $1M
Alpaca VC SPV #2 Venture $509.1K
Imperfect SPV, A Series of Alpaca VC Master Direct Invest Venture $451.1K
Alpaca VC SPV #1 Venture $260K
Corigin Minibar SPV II Venture $32.5K