DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Houston Ventures III Management, LLC
Houston Ventures III Management, LLC
One of 8 advisers that share houven.com; the firm is Signet Healthcare Partners. Signet Healthcare Management LLC, Houston Ventures IV Management, LLC, Signet Healthcare Partners, LLC, SMH Life Sciences Management, LLC, SMH Peg Management , LLC, SMH Peg Management II, LLC, SMM Corporate Management, LLC. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
venture manager, reported GAV $27.1M across 2 vehicles
Importance
8
low
Active deployment
0
low
Emerging
0
low
Completeness
50
elevated
Freshness
97
high
Research priority
2
low
Identity and regulatory footprint
- Headquarters
- Houston, TXadviserinfo.sec.gov
- Office address
- 600 TRAVIS, SUITE 3550, Houston, TX, 77002adviserinfo.sec.gov
- Business phone
- 832-529-2832adviserinfo.sec.gov
- Website
- HTTP://WWW.HOUVEN.COM
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Feb 8, 2024
- Private funds reported
- 2 (2 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $27.1Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 832-529-2832adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
2 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| SMH Private Equity Group III (institutional), L.P. | Fund | 2011 form d first sale | Harvest | $15.5M Feb 8, 2024 | 31 | $13.1M | Nov 19, 2012 |
| SMH Private Equity Group III, L.P. | Fund | 2011 form d first sale | Harvest | $11.6M Feb 8, 2024 | 70 | $11.1M | Nov 19, 2012 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
2 current, 0 departed
Charles Louis Davis
PartnerMember And Manager · since Jul 1, 2011
James Roy Newell
PartnerMember And Manager · since Jul 1, 2011
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
3 dated events
- Mar 29, 2012SMH Private Equity Group GP III, L.P. first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012SMH Private Equity Group III, L.P. first reported on Form ADV by SMH Private Equity Group GP III, L.P. (Venture Capital Fund), GAV $10,167,766Fund first reported on Form ADVFundsFactSMH Private Equity Group III, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012SMH Private Equity Group III (institutional), L.P. first reported on Form ADV by SMH Private Equity Group GP III, L.P. (Venture Capital Fund), GAV $12,969,543Fund first reported on Form ADVFundsFactSMH Private Equity Group III (institutional), L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Micro VC (confirmed, 95%, cls-1)venture manager, reported GAV $27.1M across 2 vehicles
Evidence
30 observations from 1 source