The K Fund III, LP

Fundmanaged by K Fund Capital Management, LLC· California
Vintage
2023
Form D sold
$49.9M
Reported gross assets
$36.9M
Form ADV, May 11, 2026
Active deploymentClosed to new capitalADV: Private Equity Fund
More
As of · the latest observation of this vehicle; each figure below carries its own filing date

What matters now

  1. +347%
    reported GAV

    Reported gross assets rose from $8.27M to $36.9M between the Form ADV filings of 28 Mar 2024 and 11 May 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
2023basis: 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
$49.9Mwhat may be sold, not what was raised; file 021-444118, sworn by the adviser or filed under this vehicle
Form D sold
$49.9Mas of the filing of Jan 29, 2025, 67 investors
First sale
May 4, 2023
Reported GAV
$36.9Mon the Form ADV filed May 11, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
69
Reported on ADV
Mar 27, 2023 to May 11, 2026

Fundraising evidence

Closed to new capital
Form D filed or amended 2025-01-29: the stated $49.9M offering reported fully sold (fr-1)
evidence dated Jan 29, 2025.

Lifecycle

Active deployment
vintage 2 to 4 years
age years: 3first sale: May 4, 2023vintage year: 2023adv gav as of: May 11, 2026vintage basis: Form d first saleform d sold: $49.9Mform d offering: $49.9Mform d latest filed at: Jan 29, 2025

The fund's own reporting through time

5 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 27, 2023Private Equity Fund$42.0M
10$100,0002%yes
Sep 7, 2023Private Equity Fund$42.0M
10$100,0002%yes
Sep 19, 2023Private Equity Fund$42.0M
10$100,0002%yes
Mar 28, 2024Private Equity Fund$8.3M
3$100,0001%yes
May 11, 2026Private Equity Fund$36.9M
69$100,0001%

Principals and agents

2 principals on Form D, 0 placement agents
  • The K Fund GP III, LLC Executive Officer
  • Gary Post Executive Officer

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

5 events
  1. Mar 3, 2026
    Auditor changed: Moss Adams replaced Frank, Rimerman + Co., first reported on the Form ADV filed March 3, 2026 (previous filing March 31, 2025)
    Auditor changed Fact Form ADV
  2. Jan 29, 2025
    K Fund III, LP filed Form D/A: $49,890,000 sold of $49,890,000, Venture Capital Fund
    Form D filed Fact Form D
  3. Jul 10, 2023
    K Fund III, LP filed Form D/A: $42,550,000 sold of $100,000,000, Venture Capital Fund
    Form D filed Fact Form D
  4. Mar 27, 2023
    The K Fund III, LP first reported on Form ADV by K Fund Capital Management LLC (Private Equity Fund), GAV $42,000,000
    Fund first reported on Form ADV Fact Form ADV
  5. May 2, 2022
    K Fund III, LP filed Form D: no sales yet of $100,000,000, Venture Capital Fund
    Form D filed Fact Form D

Evidence

47 observations
Every observation on this vehicle
  • Entity type: Limited Partnership Jan 29, 2025 Fact Form D
  • Entity type: Limited Partnership Jul 10, 2023 Fact Form D
  • Entity type: Limited Partnership May 2, 2022 Fact Form D
  • Form D fund type: Venture Capital Fund Jan 29, 2025 Fact Form D
  • Form D fund type: Venture Capital Fund Jul 10, 2023 Fact Form D
  • Form D fund type: Venture Capital Fund May 2, 2022 Fact Form D
  • Form D industry group: Pooled Investment Fund Jan 29, 2025 Fact Form D
  • Form D industry group: Pooled Investment Fund Jul 10, 2023 Fact Form D
  • Form D industry group: Pooled Investment Fund May 2, 2022 Fact Form D
  • Amendment: true Jan 29, 2025 Fact Form D
  • Amendment: true Jul 10, 2023 Fact Form D
  • Amendment: false May 2, 2022 Fact Form D
  • Revenue range (Form D): Decline to Disclose Jan 29, 2025 Fact Form D
  • Revenue range (Form D): Decline to Disclose Jul 10, 2023 Fact Form D
  • Revenue range (Form D): Decline to Disclose May 2, 2022 Fact Form D
  • Incorporated: withinFiveYears Jan 29, 2025 Fact Form D
  • Incorporated: withinFiveYears Jul 10, 2023 Fact Form D
  • Incorporated: withinFiveYears May 2, 2022 Fact Form D
  • Jurisdiction: Delaware Jan 29, 2025 Fact Form D
  • Jurisdiction: Delaware Jul 10, 2023 Fact Form D
  • Jurisdiction: Delaware May 2, 2022 Fact Form D
  • Amount sold (Form D): $49.9M Jan 29, 2025 Fact Form D
  • Amount sold (Form D): $42.5M Jul 10, 2023 Fact Form D
  • Amount sold (Form D): $0 May 2, 2022 Fact Form D
  • Offering amount (Form D): $49.9M Jan 29, 2025 Fact Form D
  • Offering amount (Form D): $100M Jul 10, 2023 Fact Form D
  • Offering amount (Form D): $100M May 2, 2022 Fact Form D
  • Exemptions: 06b, 3C, 3C.1 Jan 29, 2025 Fact Form D
  • Exemptions: 06b, 3C, 3C.1, 3C.7 Jul 10, 2023 Fact Form D
  • Exemptions: 06b, 3C, 3C.1, 3C.7 May 2, 2022 Fact Form D
  • First sale: 2023-05-04 Jan 29, 2025 Fact Form D
  • First sale: 2023-05-04 Jul 10, 2023 Fact Form D
  • Investors (Form D): 67 Jan 29, 2025 Fact Form D
  • Investors (Form D): 37 Jul 10, 2023 Fact Form D
  • Investors (Form D): 0 May 2, 2022 Fact Form D
  • Minimum investment (Form D): 0 Jan 29, 2025 Fact Form D
  • Minimum investment (Form D): 0 Jul 10, 2023 Fact Form D
  • Minimum investment (Form D): 0 May 2, 2022 Fact Form D
  • Securities offered: pooled Jan 29, 2025 Fact Form D
  • Securities offered: pooled Jul 10, 2023 Fact Form D
  • Securities offered: pooled May 2, 2022 Fact Form D
  • Office address: Jan 29, 2025 Fact Form D
  • Office address: Jul 10, 2023 Fact Form D
  • Office address: May 2, 2022 Fact Form D
  • Year of incorporation: 2022 Jan 29, 2025 Fact Form D
  • Year of incorporation: 2022 Jul 10, 2023 Fact Form D
  • Year of incorporation: 2022 May 2, 2022 Fact Form D

Relationships across DFX

on 2 other DFX graphs
Across the graphs

The K Fund III, LP is the same institution as 2 records in Private Equity and RIA and Wealth.

Private Equity1RIA and Wealth1

DFX found 2 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

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

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Record history

1 identity change, 4 dated events on the change ledger, latest event first
  • Event retracted
    2026-10-01
  • Form D filed
    2025-01-29source on record
  • Form D filed
    2023-07-10source on record

+2 more changes on this record's ledger

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

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.