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.

Funds / Swan & Legend Fund 3, LP

Swan & Legend Fund 3, LP

HarvestUnknownFundADV: Venture Capital FundSwan & LegendDelaware
Amounts, each with its basis
Vintage
2016basis: adv first reported
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
$150Mwhat may be sold, not what was raised; file 021-237674, sworn by the adviser or filed under this vehicle
Form D sold
$0as of the filing of Apr 10, 2015
First sale
unknown
Reported GAV
$51.1Mon the Form ADV filed Jul 16, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
78
Reported on ADV
Feb 18, 2016 to Jul 16, 2024
Fundraising evidence
Unknown
latest Form D 2015-04-10, older than 15 months (fr-1)
evidence dated Apr 10, 2015. A Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.
Lifecycle
Harvest
vintage over 7 years, still reported
age years: 10first sale: n/avintage year: $2,016adv gav as of: 2024-07-16vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $150Mform d latest filed at: 2015-04-10
The fund's own reporting through time
10 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Feb 18, 2016Venture Capital Fund$53.3M
91$250,00060%yes
Mar 9, 2017Venture Capital Fund$107M
91$250,00060%yes
Feb 26, 2018Venture Capital Fund$96.3M
91$250,00060%yes
Feb 21, 2019Venture Capital Fund$96.7M
91$250,00060%yes
Mar 6, 2020Venture Capital Fund$96.7M
91$250,00060%yes
Mar 24, 2021Venture Capital Fund$96.7M
91$250,00060%yes
Mar 15, 2022Venture Capital Fund$116M
91$250,00060%yes
Mar 15, 2023Venture Capital Fund$116M
91$250,00060%yes
Mar 29, 2024Venture Capital Fund$51.1M
78$250,00060%yes
Jul 16, 2024Venture Capital Fund$51.1M
78$250,00060%yes
Principals and agents
6 principals on Form D, 0 placement agents
Limited partners and their reported performance
0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
2 events
  1. Feb 18, 2016
    Swan & Legend Fund 3, LP first reported on Form ADV by Swan & Legend (Venture Capital Fund), GAV $53,289,437
  2. Apr 10, 2015
    SWaN & Legend Fund 3 LP filed Form D: no sales yet of $150,000,000, Venture Capital Fund
Evidence
15 observations
Every observation on this vehicle