DFX Intelligence
Private Equity Intelligence
Firms, funds, people, portfolio companies and transactions from sworn filings and cited announcements, kept as a graph with a date and a source on every edge. Reported gross assets are never fund size, regulatory AUM is never dry powder, and a deal value prints only when someone disclosed it.
Funds / Performance Venture Capital III, L.P.
Performance Venture Capital III, L.P.
Amounts, each with its basis
- Vintage
- 2014basis: first reported on Form ADV
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- unknownwhat may be sold, not what was raised
- Form D sold
- unknownno Form D on record
- First sale
- unknown
- Reported gross assets
- $326MForm ADV, as of Oct 1, 2024; not fund size, not dry powder
- Peak reported gross assets
- $541Mhighest year on the reporting tape
- Owners (ADV)
- 7
- Reported on ADV
- Mar 28, 2014 to Oct 1, 2024
- Structure
- standalone
- Fund of funds (ADV)
- yes
- Strategy
- ADV 7.B.(1) fund of funds = Y
Lifecycle
Harvest
rule: gross assets at least 25% below peak and still fallingmodel: lc-pe-1gav path: 2017,146109000,2018,156912000,2019,189961000,2020,252307453,2021,271681277,2022,541158231,2023,404295692,2024,325862384peak gav: $541Mas of year: $2,024latest gav: $326Mreported years: 11last step change: -0.194age years at as of: 10drawdown from peak: 0.398first reported year: $2,014
Reported gross assets by year
11 annual rows
| Year | Filed | Type | Gross assets | Owners | Min. investment | Non-US owned | Source | |
|---|---|---|---|---|---|---|---|---|
| 2014 | Mar 28, 2014 | Private Equity Fund | $90.5M | 5 | $5.0M | 79% | adviserinfo.sec.gov | |
| 2015 | Nov 9, 2015 | Private Equity Fund | $145M | 5 | $5.0M | 79% | adviserinfo.sec.gov | |
| 2016 | Jul 29, 2016 | Private Equity Fund | $146M | 11 | $5.0M | 87% | adviserinfo.sec.gov | |
| 2017 | Apr 20, 2017 | Private Equity Fund | $146M | 12 | $5.0M | 85% | adviserinfo.sec.gov | |
| 2018 | Mar 29, 2018 | Private Equity Fund | $157M | 12 | $5.0M | 85% | adviserinfo.sec.gov | |
| 2019 | Jun 4, 2019 | Private Equity Fund | $190M | 12 | $5.0M | 85% | adviserinfo.sec.gov | |
| 2020 | Jul 14, 2020 | Private Equity Fund | $252M | 7 | $5.0M | 35% | adviserinfo.sec.gov | |
| 2021 | May 18, 2021 | Private Equity Fund | $272M | 7 | $5.0M | 35% | adviserinfo.sec.gov | |
| 2022 | Jun 3, 2022 | Private Equity Fund | $541M | 7 | $5.0M | 3% | adviserinfo.sec.gov | |
| 2023 | Aug 31, 2023 | Private Equity Fund | $404M | 7 | $5.0M | 3% | adviserinfo.sec.gov | |
| 2024 | Oct 1, 2024 | Private Equity Fund | $326M | 7 | $5.0M | 3% | adviserinfo.sec.gov |
Placement agents and principals
5 placement agents, 0 principals
- Columbus Advisory Group, Ltd. placement agent since Jan 1, 2016 Fact
- Equus Financial Consulting LLC placement agent since Jan 1, 2014 Fact
- Verity Capital Management Limited placement agent since Jan 1, 2014 Fact
- Bhargava Capital placement agent since Jan 1, 2014 Fact
- The Peak Inc., Ltd. placement agent since Jan 1, 2014 Fact
Limited partners
0 disclosed
No LP commitment to this fund collected yet. An LP appears only when a public disclosure names this fund.
Investments attributed to this fund
0
No investment attributed to this fund. A firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Events
1 most recent
- Mar 28, 2014Performance Venture Capital III, L.P. first reported on Form ADV by Performance Equity Management, LLC (Private Equity Fund), GAV $90,452,000Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)