<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0708</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001660730</cik>
        <entityName>Lion Capital Fund IV, L.P.</entityName>
        <issuerAddress>
            <street1>C/O LION CAPITAL LLP</street1>
            <street2>21 GROSVENOR PLACE</street2>
            <city>LONDON</city>
            <stateOrCountry>X0</stateOrCountry>
            <stateOrCountryDescription>UNITED KINGDOM</stateOrCountryDescription>
            <zipCode>SW1X 7HF</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>44-20-7201-2200</issuerPhoneNumber>
        <jurisdictionOfInc>UNITED KINGDOM</jurisdictionOfInc>
        <edgarPreviousNameList>
            <previousName>Lion Capital 2015 Fund, L.P.</previousName>
        </edgarPreviousNameList>
        <entityType>Limited Partnership</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2015</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Simon</firstName>
                <middleName>David</middleName>
                <lastName>Brown</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Lion Capital LLP</street1>
                <street2>21 Grosvenor Place</street2>
                <city>London</city>
                <stateOrCountry>X0</stateOrCountry>
                <stateOrCountryDescription>UNITED KINGDOM</stateOrCountryDescription>
                <zipCode>SW1X 7HF</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>of Lion Capital LLP, manager of the Issuer</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Patrick</firstName>
                <middleName>Kelly</middleName>
                <lastName>Mayer</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Lion Capital LLP</street1>
                <street2>21 Grosvenor Place</street2>
                <city>London</city>
                <stateOrCountry>X0</stateOrCountry>
                <stateOrCountryDescription>UNITED KINGDOM</stateOrCountryDescription>
                <zipCode>SW1X 7HF</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Member of Manager of the Issuer</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Lyndon</firstName>
                <lastName>Lea</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Lion Capital LLP</street1>
                <street2>21 Grosvenor Place</street2>
                <city>London</city>
                <stateOrCountry>X0</stateOrCountry>
                <stateOrCountryDescription>UNITED KINGDOM</stateOrCountryDescription>
                <zipCode>SW1X 7HF</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Member of Manager of the Issuer</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Robert</firstName>
                <lastName>Darwent</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Lion Capital LLP</street1>
                <street2>21 Grosvenor Place</street2>
                <city>London</city>
                <stateOrCountry>X0</stateOrCountry>
                <stateOrCountryDescription>UNITED KINGDOM</stateOrCountryDescription>
                <zipCode>SW1X 7HF</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Member of Manager of the Issuer</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Javier</firstName>
                <lastName>Ferran</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Lion Capital LLP</street1>
                <street2>21 Grosvenor Place</street2>
                <city>London</city>
                <stateOrCountry>X0</stateOrCountry>
                <stateOrCountryDescription>UNITED KINGDOM</stateOrCountryDescription>
                <zipCode>SW1X 7HF</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Member of Manager of the Issuer</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Private Equity Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06b</item>
            <item>3C</item>
            <item>3C.1</item>
            <item>3C.7</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>0001660730-16-000002</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2015-12-30</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>MERCURY CAPITAL ADVISORS, LLC</recipientName>
                <recipientCRDNumber>152338</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>2 WORLD FINANCIAL CENTER</street1>
                    <street2>36th FLOOR</street2>
                    <city>NEW YORK</city>
                    <stateOrCountry>NY</stateOrCountry>
                    <stateOrCountryDescription>NEW YORK</stateOrCountryDescription>
                    <zipCode>10281</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <value>All States</value>
                </statesOfSolicitationList>
                <foreignSolicitation>false</foreignSolicitation>
            </recipient>
            <recipient>
                <recipientName>ZHE ZHANG</recipientName>
                <recipientCRDNumber>None</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>RM 1601, #5, TOWER 5, ZHONG XIN CHENG II</street1>
                    <street2>JIA 2 CT., CAI SHI KOU ST., XICHENG DIST</street2>
                    <city>BEIJING</city>
                    <stateOrCountry>F4</stateOrCountry>
                    <stateOrCountryDescription>CHINA</stateOrCountryDescription>
                    <zipCode>100053</zipCode>
                </recipientAddress>
                <statesOfSolicitationList></statesOfSolicitationList>
                <foreignSolicitation>true</foreignSolicitation>
            </recipient>
            <recipient>
                <recipientName>SABERTIA CAPITAL PARTNERS, S.L.</recipientName>
                <recipientCRDNumber>None</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>AVENIDA VIA AUGUSTA NUMBER 15-25</street1>
                    <street2>SANT CUGAT DEL VALLES</street2>
                    <city>BARCELONA</city>
                    <stateOrCountry>U3</stateOrCountry>
                    <stateOrCountryDescription>SPAIN</stateOrCountryDescription>
                    <zipCode>08174</zipCode>
                </recipientAddress>
                <statesOfSolicitationList></statesOfSolicitationList>
                <foreignSolicitation>true</foreignSolicitation>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>2250000000</totalOfferingAmount>
            <totalAmountSold>1038423256</totalAmountSold>
            <totalRemaining>1211576744</totalRemaining>
            <clarificationOfResponse>The figures in Item 13 include amounts in respect of the Issuer's parallel entities.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>4</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>2631293</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse>A placement agent has been retained and will be apportioned a percentage of commitments raised. The figure in Item 15 includes amounts in respect of the Issuer's parallel entities.</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse>An annual management fee of (i) 1.75% will be paid on commitments up to and including $2 billion and (ii) 1.5% thereafter. Following the expiration of the investment period, a fee of 1.25% will be charged on funded commitments.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Lion Capital Fund IV, L.P.</issuerName>
                <signatureName>Simon David Brown</signatureName>
                <nameOfSigner>Simon David Brown</nameOfSigner>
                <signatureTitle>Member of Manager of the Issuer</signatureTitle>
                <signatureDate>2017-07-17</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
