# EDGAR Filing Document

**Accession Number:** 0001826222
**File Stem:** 0001752724-23-049969
**Filing Date:** 2023-3
**Character Count:** 16261
**Document Hash:** eb6257675b8bd112623ae00af3de29dc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-049969.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001752724-23-049969

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CPG Vintage Access Fund IV, LLC
- **CENTRAL INDEX KEY:** 0001826222
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23610
- **FILM NUMBER:** 23692077

**BUSINESS ADDRESS:**
- **STREET 1:** C/O CENTRAL PARK ADVISERS, LLC
- **STREET 2:** 500 FIFTH AVENUE, 31ST FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10110
- **BUSINESS PHONE:** 212-317-9200

**MAIL ADDRESS:**
- **STREET 1:** C/O CENTRAL PARK ADVISERS, LLC
- **STREET 2:** 500 FIFTH AVENUE, 31ST FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10110

## Nport-Ex

**CPG Vintage Access Fund IV, LLC**

**SCHEDULE OF INVESTMENTS**

**December 31, 2022 (UNAUDITED)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment Funds (104.46%)** | **Geographic<br> Region** | **Acquisition<br> Date** | **Cost** | **Fair Value** | **Percentage of<br> Net Assets** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apollo Hybrid Value Fund II, L.P.<sup>(a)(b)(c)</sup> | Global | 1/18/2022 | $11960863 | $11002035 | 7.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ares Private Credit Solutions II, L.P.<sup>(a)(b)(c)</sup> | North America | 9/21/2021 | 20565545 | 20134021 | 14.54% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone Tactical Opportunities Fund IV L.P.<sup>(a)(b)(c)</sup> | North America | 12/31/2021 | 0 | (301984) | (0.22%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cowen Healthcare Investments IV, L.P.<sup>(a)(b)(c)</sup> | North America | 5/6/2021 | 12747319 | 13011489 | 9.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Atlantic Investment Partners 2021, L.P.<sup>(a)(b)(c)</sup> | North America | 10/8/2021 | 11426435 | 10427386 | 7.53% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HarbourVest Partners Co-Investment Fund VI, L.P.<sup>(a)(b)(c)</sup> | North America | 3/3/2021 | 7500000 | 6870853 | 4.96% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Invesco Venture Alpha Fund II, L.P.<sup>(a)(b)(c)</sup> | North America | 11/4/2021 | 14810813 | 18432791 | 13.31% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NB Select Opportunities Fund IV, L.P.<sup>(a)(b)(c)</sup> | North America | 9/14/2021 | 16600000 | 17174379 | 12.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;North Haven Expansion Equity IX, L.P.<sup>(a)(b)(c)</sup> | North America | 8/11/2021 | 10741615 | 10287651 | 7.43% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Partners Group Direct Equity 2019 (USD) A, L.P.<sup>(a)(b)(c)</sup> | North America | 4/30/2021 | 17834664 | 19256654 | 13.91% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistria Fund IV, L.P.<sup>(a)(b)(c)</sup> | North America | 5/1/2021 | 18346804 | 18325222 | 13.24% |
| **Total Investment Funds** |  |  | $**142534058** | $**144620497** |  |
| **Total Investments (104.46%)** |  |  | $**142534058** | $**144620497** |  |
| **Liabilities in Excess of Other Assets (-4.46%)** |  |  |  | **(6171872)** |  |
| **Net Assets (100.00%)** |  |  |  | $**138448625** |  |

---

*<sup>(a)</sup>* *Investments have no redemption provisions, are issued in private placement transactions and are restricted as to resale. For investments that were acquired through multiple transactions, the acquisition date represents the initial acquisition date of the Fund's investment in the position. Total fair value of restricted securities amounts to $144,620,497, which represents 104.46% of net assets as of December 31, 2022.*

*<sup>(b)</sup>* *The Fund held unfunded commitments in the investment as of December 31, 2022.*

*<sup>(c)</sup>* *Non-income producing security.*

*See accompanying Notes to Schedule of Investments.*

**CPG VINTAGE ACCESS FUND IV, LLC**

**NOTES TO SCHEDULE OF INVESTMENTS**

***December 31, 2022 (UNAUDITED)***

The following is a summary of significant accounting policies followed by CPG Vintage Access Fund IV, LLC (the "Fund") in the preparation of its Schedule of Investments. These policies are in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The Fund meets the definition of an investment company and follows the accounting and reporting guidance as issued through the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") 946, *Financial Services – Investment Companies*.

The Fund values its investments in investment funds at fair value in accordance with FASB ASC 820, Fair Value Measurement ("ASC 820").

ASC 820 defines fair value as the value that the Fund would receive to sell an investment or pay to transfer a liability in a timely transaction with an independent buyer in the principal market, or in the absence of a principal market, the most advantageous market for the investment or liability. ASC 820 establishes a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability. Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Fund. Unobservable inputs reflect the Fund's own assumptions about the assumptions that market participants would use in valuing the asset or liability developed based on the best information available in the circumstances. Each investment is assigned a level based upon the observation of the inputs which are significant to the overall valuation.

The three-tier hierarchy of inputs is summarized below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Level 1 — unadjusted quoted prices in active markets for identical financial instruments that the
reporting entity has the ability to access at the measurement date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Level 2 — inputs other than quoted prices included within Level 1 that are observable for the financial
instrument, either directly or indirectly. Level 2 inputs also include quoted prices for similar assets and liabilities in active markets,
and quoted prices for identical or similar assets and liabilities in markets that are not active.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Level 3 — significant unobservable inputs for the financial instrument (including management's
own assumptions in determining the fair value of investments).

Investments in Investment Funds are recorded at fair value, using the Investment Funds' net asset value as a practical expedient in accordance with ASC 820.

The Investment Funds are generally restricted securities that are subject to substantial holding periods and are not traded in public markets, so that the Fund may not be able to resell some of its investments for extended periods, which may be several years.

The net asset value ("NAV") of the Fund is determined by, or at the direction of, Central Park Advisers, LLC (the "Adviser") as of the close of business at the end of any fiscal period in accordance with the valuation principles set forth below or as may be determined, from time to time, pursuant to policies established by the Fund's Board of Directors (the "Board"). The Fund's investments are subject to the terms and conditions of the respective operating agreements and offering memorandums, as appropriate. The Fund's Valuation Committee (the "Committee") oversees the valuation process of the Fund's investments. The Committee meets on a quarterly basis and reports to the Board on a quarterly basis. ASC 820 provides for the use of net asset value (or its equivalent) as a practical expedient to estimate fair value of investments in Investment Funds, provided certain conditions are met. As such, the Fund's investments in Investment Funds are carried at fair value which generally represents the Fund's pro-rata interest in the net assets of each Investment Fund as reported by the administrators and/or investment managers of the underlying Investment Funds. All valuations utilize financial information supplied by each Investment Fund and are net of management and incentive fees or allocations payable to the Investment Funds' managers or pursuant to the Investment Funds' agreements. The Investment Funds value their underlying investments in accordance with policies established by each Investment Fund, as described in each of their financial statements or offering memoranda. The Fund's valuation procedures require the Adviser to consider all relevant information available at the time the Fund values its portfolio. The Adviser has assessed factors including, but not limited to, the individual Investment Funds' compliance with fair value measurements, price transparency and valuation procedures in place. The Adviser has assessed factors including, but not limited to, the individual Investment Funds' compliance with fair value measurements, price transparency and valuation procedures in place. The Adviser and/or the Board will consider such information and consider whether it is appropriate, in light of all relevant circumstances, to value such a position at its NAV as reported or whether to adjust such value. The underlying investments of each Investment Fund are accounted for at fair value as described in each Investment Fund's financial statements.

The Adviser employs ongoing due diligence policies and processes with respect to Investment Funds and their investment managers. The Adviser assesses the quality of information provided and determines whether such information continues to be reliable or whether additional inquiry is necessary. Such inquiries may require the Adviser to forego its normal reliance on the value provided and to independently determine the fair value of the Fund's interest in such Investment Fund.

The fair value relating to certain underlying investments of these Investment Funds, for which there is no ready market, has been estimated by the respective Investment Fund's management and is based upon available information in the absence of readily ascertainable fair values and does not necessarily represent amounts that might ultimately be realized. Due to the inherent uncertainty of valuation, those estimated fair values may differ significantly from the values that would have been used had a ready market for the investments existed. These differences could be material.

The Fund held Investment Funds with a fair value of $144,620,497 that in accordance with ASU 2015-07, are excluded from the fair value hierarchy as of December 31, 2022.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** CPG Vintage Access Fund IV LLC

- **b. Investment Company Act file number:** 811-23610

- **c. CIK number of Registrant:** 0001826222

- **d. LEI of Registrant:** 549300M52CD0Z7M6U536

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 125 W 55TH ST

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10019

  - **Telephone number:** 2123179200

**Item A.2. Information about the Series.**

- **a. Name of Series:** CPG Vintage Access Fund IV LLC

- **c. LEI of Series:** 549300M52CD0Z7M6U536

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $169792319.73

**Total Liabilities:** $31343694.24

**Net Assets:** $138448625.49

**Delayed Delivery Securities:** $173634621.91

**Cash Not Reported:** $25142029.87

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.00%                | 0.00%                | -1.57%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-0.01                                     |
| Month 2  | $0.00                    | $0.00                                      |
| Month 3  | $0.01                    | $139080.11                                 |

### Schedule of Portfolio Investments

| Name   | Title                                           | Identifiers            | Payoff Profile   | Asset Category   | Issuer Category   | Country   | Balance   | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| N/A    | Vistria Fund IV, LP                             | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |  | OU      | $18325222.00  | 13.24%            |  |  |  | No            | N/A                | On Loan: No      |
| N/A    | NB Select Opportunities Fund IV, L.P.           | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |  | OU      | $17174379.00  | 12.40%            |  |  |  | No            | N/A                | On Loan: No      |
| N/A    | Partners Group Direct Equity 2019 (USD) A, L.P. | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |  | OU      | $19256654.00  | 13.91%            |  |  |  | No            | N/A                | On Loan: No      |
| N/A    | North Haven Expansion Equity IX LP              | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |  | OU      | $10287650.91  | 7.43%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A    | Invesco Venture Alpha Fund II, L.P.             | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |  | OU      | $18432791.00  | 13.31%            |  |  |  | No            | N/A                | On Loan: No      |
| N/A    | Apollo Hybrid Value Fund II, L.P.               | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |  | OU      | $11002034.82  | 7.95%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A    | Cowen Healthcare Investments IV LP              | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |  | OU      | $13011488.75  | 9.40%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A    | Blackstone Tactical Opportunities Fund IV L.P.  | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |  | OU      | $-301984.00   | -0.22%            |  |  |  | No            | N/A                | On Loan: No      |
| N/A    | General Atlantic Investment Partners 2021, L.P. | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |  | OU      | $10427386.00  | 7.53%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A    | HarbourVest Partners Co-Investment Fund VI L.P. | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |  | OU      | $6870853.00   | 4.96%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A    | Ares Private Credit Solutions II, L.P.          | CUSIP: N/A<br>LEI: N/A | Long             |  | PF                | US        |  | OU      | $20134021.35  | 14.54%            |  |  |  | No            | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** CPG Vintage Access Fund IV LLC

**Signature:** Michael Mascis

**Name of Signer:** Michael Mascis

**Title:** Principal Financial Officer