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 / True Capital Partners III, LLC

True Capital Partners III, LLC

HarvestBuyout fundADV: Venture Capital FundTrue Capital ManagementCalifornia
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
$358,294Form ADV, as of Apr 30, 2023; not fund size, not dry powder
Peak reported gross assets
$650,000highest year on the reporting tape
Owners (ADV)
3
Reported on ADV
Mar 27, 2014 to Apr 30, 2023
Structure
standalone
Fund of funds (ADV)
no
Strategy
Capital Partners
Lifecycle
Harvest
rule: gross assets at least 25% below peak and still fallingmodel: lc-pe-1gav path: 2016,582345,2017,533921,2018,372151,2019,356452,2020,426977,2021,364565,2022,364428,2023,358294peak gav: $650,000as of year: $2,023latest gav: $358,294reported years: 10last step change: -0.017age years at as of: 9drawdown from peak: 0.449first reported year: $2,014
Reported gross assets by year
10 annual rows
YearFiledTypeGross assets OwnersMin. investmentNon-US ownedSource
2014Mar 27, 2014Real Estate Fund$650,000
9$50,0000%adviserinfo.sec.gov
2015Mar 30, 2015Real Estate Fund$650,000
9$50,0000%adviserinfo.sec.gov
2016Apr 1, 2016Real Estate Fund$582,345
9$50,0000%adviserinfo.sec.gov
2017Mar 31, 2017Private Equity Fund$533,921
9$50,00043%adviserinfo.sec.gov
2018Jul 6, 2018Private Equity Fund$372,151
9$50,00040%adviserinfo.sec.gov
2019Apr 3, 2019Private Equity Fund$356,452
3$50,00038%adviserinfo.sec.gov
2020Jul 24, 2020Private Equity Fund$426,977
3$50,00038%adviserinfo.sec.gov
2021Oct 22, 2021Private Equity Fund$364,565
3$50,00037%adviserinfo.sec.gov
2022Nov 10, 2022Venture Capital Fund$364,428
3$50,00037%adviserinfo.sec.gov
2023Apr 30, 2023Venture Capital Fund$358,294
3$50,00037%adviserinfo.sec.gov
Placement agents and principals
0 placement agents, 0 principals
No placement agent or principal collected for this fund yet. Both come from the related persons and sales compensation sections of Form D.
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
  1. Mar 27, 2014
    True Capital Partners III, LLC first reported on Form ADV by True Capital Management (Real Estate Fund), GAV $650,000