Vehicle file · Non-traded BDC

BIP Ventures Evergreen BDC

What its SEC filings show.

SEC CIK 1950572·Inc. DE·Fiscal year end 12/31·Data as filed · pulled Oct 12, 2026

What this file is.Not a review. Every figure below is the issuer's own number as tagged in its filings to the SEC, unadjusted, with a link to the filing it came from. When a new filing lands, the table updates; when a filing changes something for the people who hold this vehicle, we write it up and link it under Our reads.

BIP Ventures Evergreen BDC is a non-traded BDC registered with the SEC under CIK 1950572 (incorporated in DE). Its most recent filing is a 40-17G dated Oct 1, 2026. As of Jun 30, 2026 it reported total assets of $180.5M (up 40.3% from $128.6M a year earlier). It raised $18.9M from new shares in the six months to Jun 30, 2026. Reported NAV per share: $34.61 as of Jun 30, 2026.

What the figures say together

Our arithmetic on the issuer's own figures, only pairing numbers from the same period or date, and ranked against the 70 other vehicles of this type we track.

Liabilities were 2% of total assets at Jun 30, 2026. It ranks 6th of the 69 vehicles of this type that report the same figures (1st = least leveraged).
NAV per share moved up 4.4% in a year, from $33.16 to $34.61 (before distributions). It ranks 1st of the 58 vehicles of this type that report the same figures (1st = best NAV change).

Key figures, as filed.

Balance sheet

Figure	Latest	Period	A year earlier	Change	Source
Total assets	$180.5M	as of Jun 30, 2026	$128.6M	+40.3%	10-Q · Aug 7, 2026
Investments at fair value	$157.6M	as of Jun 30, 2026	$119.5M	+31.9%	10-Q · Aug 7, 2026
Cash and equivalents	$8.4M	as of Jun 30, 2026	$250K	+3261.7%	10-Q · Aug 7, 2026
Total liabilities	$3.7M	as of Jun 30, 2026	$3.8M	−3.7%	10-Q · Aug 7, 2026
NAV per share	$34.61	as of Jun 30, 2026	$33.16	+4.4%	10-Q · Aug 7, 2026
Shares outstanding	4.9M shares	as of Jun 30, 2026	3.7M shares	+34.3%	10-Q · Aug 7, 2026
Shares outstanding (cover page)	5.1M shares	as of Aug 6, 2026	4.0M shares	+27.9%	10-Q · Aug 7, 2026

Results and cash flow

Figure	Latest	Period	A year earlier	Change	Source
Cash from operations	−$23.1M	six months to Jun 30, 2026	−$20.7M	−11.6%	10-Q · Aug 7, 2026
Management fees	$1.4M	six months to Jun 30, 2026	$946K	+47.4%	10-Q · Aug 7, 2026

Capital raised, distributions and repurchases

Figure	Latest	Period	A year earlier	Change	Source
Capital raised (common stock issued)	$18.9M	six months to Jun 30, 2026	$15.2M	+24.2%	10-Q · Aug 7, 2026

Flows (revenues, income, cash, distributions, repurchases) are shown for the period the issuer reported them in, which may be a quarter, a year-to-date span or a full year; “a year earlier” compares only periods of the same length. A vehicle that does not tag a figure in XBRL will not show it here even if the PDF discloses it.

If you have real money in this, do not decide it alone.

We can tell you what the filings say. What we cannot tell you is what it means for your particular position, your tax situation and the rest of your portfolio, and anyone who does that from a web page without knowing your circumstances is guessing. With money in a non-traded BDC whose repurchases are capped each quarter, that is the part that actually matters.

Get matched with a screened adviser

Answer a few questions

A short questionnaire about your assets and goals, then introductions to advisers that WiserAdvisor says it screens for experience and SEC/FINRA registration record. Ask each one, in writing, whether they act as a fiduciary on everything they recommend. Free to you. No money moves and nothing is bought.

What we don't like: you are handing over your contact details and advisers will get in touch, so expect calls. We have not vetted any individual adviser and we are not endorsing one. Treat the introduction as a starting point, not a recommendation.

We are paid a referral fee if you complete the questionnaire, at no cost to you. A few lenders we review, such as Kiavi, also pay us for referrals; those links are marked. The advisers in this box have no connection to any fund reviewed on this site.

Filing timeline.

The last 25 documents this issuer filed with the SEC. Marked rows are the ones that tend to matter to holders.

Oct 1, 202640-17G · FilingEDGAR ↗
Sep 30, 20268-K · Current reportItems 8.01EDGAR ↗
Aug 20, 2026SC TO-I/A · Issuer tender offer (amendment)EDGAR ↗
Aug 10, 20268-K · Current reportItems 5.02EDGAR ↗
Aug 7, 202610-Q · Quarterly reportEDGAR ↗
Jul 20, 2026SC TO-I · Issuer tender offerEDGAR ↗
Jul 16, 20264 · Insider transactionEDGAR ↗
Jul 16, 20268-K · Current reportItems 3.02EDGAR ↗
Jun 30, 20268-K · Current reportItems 8.01EDGAR ↗
May 8, 202610-Q · Quarterly reportEDGAR ↗
Apr 20, 20264 · Insider transactionEDGAR ↗
Apr 20, 20268-K · Current reportItems 3.02EDGAR ↗
Mar 31, 20268-K · Current reportItems 8.01EDGAR ↗
Mar 19, 202610-K · Annual reportEDGAR ↗
Jan 15, 20264 · Insider transactionEDGAR ↗
Jan 15, 20268-K · Current reportItems 3.02EDGAR ↗
Jan 6, 20268-K · Current reportItems 8.01EDGAR ↗
Dec 30, 20258-K · Current reportItems 8.01EDGAR ↗
Nov 7, 202510-Q · Quarterly reportEDGAR ↗
Oct 17, 20254 · Insider transactionEDGAR ↗
Oct 17, 20258-K · Current reportItems 3.02EDGAR ↗
Oct 14, 2025D/A · FilingItems 06cEDGAR ↗
Oct 1, 202540-17G · FilingEDGAR ↗
Sep 26, 20258-K · Current reportItems 8.01EDGAR ↗
Aug 27, 202540-17G/A · FORM 40-17G/AEDGAR ↗

Our reads on BIP Ventures Evergreen BDC.

No forensic read of this vehicle yet. When a filing changes something for holders — a tender offer, a repurchase cap, a NAV reset, a distribution cut — the read goes here.

Source: SEC EDGAR, XBRL company facts and filing index for CIK 1950572, retrieved Oct 12, 2026. Figures are reproduced as tagged by the issuer; errors in the source carry through, which is why every row links to the filing. Nothing here is investment advice.

More files.

All vehicle files →

The weekly read

BIP Ventures Evergreen BDC

What the figures say together

Key figures, as filed.

Filing timeline.

Our reads on BIP Ventures Evergreen BDC.

More files.

Andalusian Credit Company, LLC

Apollo Asset Backed Credit Co LLC

Apollo Debt Solutions BDC

ARES STRATEGIC INCOME FUND

Audax Credit BDC Inc.

Audax Private Credit Fund, LLC

One platform, dissected, every Tuesday.