Peak Venutures Fund III, L.P.

Fundmanaged by Album Ventures, LLC· Delaware
Vintage
2019
Form D sold
$75.1M
Reported gross assets
$121M
Form ADV, Mar 25, 2026
MatureClosed to new capitalADV: Venture Capital Fund
More
As of · the latest observation of this vehicle; each figure below carries its own filing date

1 additional principal

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. -14%
    reported GAV

    Reported gross assets fell from $140M to $121M between the Form ADV filings of 22 Mar 2024 and 25 Mar 2026.

    The fund's assets as the adviser swears them, never its size or dry powder.

    Derivedtwo Form ADV Schedule D filingsFor LPs, secondaries buyersReporting →
Drawing the relationship network…
Amounts, each with its basis
Vintage
2019basis: form d first sale
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
$75.1Mwhat may be sold, not what was raised; file 021-346260, sworn by the adviser or filed under this vehicle
Form D sold
$75.1Mas of the filing of Aug 9, 2019, 51 investors
First sale
Aug 1, 2019
Reported GAV
$121Mon the Form ADV filed Mar 25, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
68
Reported on ADV
Sep 25, 2019 to Mar 25, 2026
Fundraising evidence
Closed to new capital
Form D filed or amended 2019-08-09: the stated $75.1M offering reported fully sold (fr-1)
evidence dated Aug 9, 2019.
Lifecycle
Mature
vintage 4 to 7 years
age years: 7first sale: Aug 1, 2019vintage year: 2019adv gav as of: Mar 25, 2026vintage basis: Form d first saleform d sold: $75.1Mform d offering: $75.1Mform d latest filed at: Aug 9, 2019
The fund's own reporting through time
7 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Sep 25, 2019Venture Capital Fund$75.1M
52$25,0005%yes
Mar 30, 2020Venture Capital Fund$76.0M
52$25,0005%yes
Mar 24, 2021Venture Capital Fund$18.3M
52$25,0005%yes
Mar 30, 2022Venture Capital Fund$100M
52$25,0005%yes
Mar 29, 2023Venture Capital Fund$148M
52$25,0005%yes
Mar 22, 2024Venture Capital Fund$140M
68$25,0005%yes
Mar 25, 2026Venture Capital Fund$121M
68$25,0005%
Principals and agents
4 principals on Form D, 0 placement agents
Service providers
2 named on Form ADV Schedule D and Form D
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.
Known LPs and allocators
0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
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. Sep 25, 2019
    Peak Venutures Fund III, L.P. first reported on Form ADV by Frescobol, LLC (Venture Capital Fund), GAV $75,057,592
    Fund first reported on Form ADV Fact Form ADV
  2. Aug 9, 2019
    Peak Ventures Fund III, L.P. filed Form D: $75,057,592 sold of $75,057,592, Venture Capital Fund
    Form D filed Fact Form D
Evidence
32 observations
Every observation on this vehicle
  • Entity type: Limited Partnership Fact Form D
  • Entity type: Limited Partnership Aug 9, 2019 Fact Form D
  • Form D fund type: Venture Capital Fund Fact Form D
  • Form D fund type: Venture Capital Fund Aug 9, 2019 Fact Form D
  • Form D industry group: Pooled Investment Fund Fact Form D
  • Form D industry group: Pooled Investment Fund Aug 9, 2019 Fact Form D
  • Amendment: false Fact Form D
  • Amendment: false Aug 9, 2019 Fact Form D
  • Revenue range (Form D): Decline to Disclose Fact Form D
  • Revenue range (Form D): Decline to Disclose Aug 9, 2019 Fact Form D
  • Incorporated: withinFiveYears Fact Form D
  • Incorporated: withinFiveYears Aug 9, 2019 Fact Form D
  • Jurisdiction: Delaware Fact Form D
  • Jurisdiction: Delaware Aug 9, 2019 Fact Form D
  • Amount sold (Form D): $75.1M Fact Form D
  • Amount sold (Form D): $75.1M Aug 9, 2019 Fact Form D
  • Offering amount (Form D): $75.1M Fact Form D
  • Offering amount (Form D): $75.1M Aug 9, 2019 Fact Form D
  • Exemptions: 06b, 3C, 3C.1 Fact Form D
  • Exemptions: 06b, 3C, 3C.1 Aug 9, 2019 Fact Form D
  • First sale: 2019-08-01 Fact Form D
  • First sale: 2019-08-01 Aug 9, 2019 Fact Form D
  • Investors (Form D): 51 Fact Form D
  • Investors (Form D): 51 Aug 9, 2019 Fact Form D
  • Minimum investment (Form D): 0 Fact Form D
  • Minimum investment (Form D): 0 Aug 9, 2019 Fact Form D
  • Securities offered: pooled Fact Form D
  • Securities offered: pooled Aug 9, 2019 Fact Form D
  • Office address: Fact Form D
  • Office address: Aug 9, 2019 Fact Form D
  • Year of incorporation: 2019 Fact Form D
  • Year of incorporation: 2019 Aug 9, 2019 Fact Form D

Relationships across DFX

on 1 other DFX graph
Across the graphs

Peak Venutures Fund III, L.P. is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

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Record history

2 dated events on the change ledger, latest event first
  • Fund first reported on ADV
    2019-09-25source on record
  • Form D filed
    2019-08-09source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.