DFX Intelligence
Jsov III Bt LLC
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
What matters now
- +16%reported GAV
Reported gross assets rose from $10.5M to $12.2M between the Form ADV filings of 11 Mar 2024 and 16 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2021basis: 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
- $10.0Mwhat may be sold, not what was raised; file 021-387251, sworn by the adviser or filed under this vehicle
- Form D sold
- $7.0Mas of the filing of Jan 25, 2021, 38 investors
- First sale
- Jan 13, 2021
- Reported GAV
- $12.2Mon the Form ADV filed Mar 16, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 63
- Reported on ADV
- Dec 6, 2022 to Mar 16, 2026
Fundraising evidence
What counts as raisingA 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.Unknown
latest Form D 2021-01-25, older than 15 months (fr-1)
evidence dated Jan 25, 2021.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 5first sale: Jan 13, 2021vintage year: 2021adv gav as of: Mar 16, 2026vintage basis: Form d first saleform d sold: $7.0Mform d offering: $10.0Mform d latest filed at: Jan 25, 2021
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Dec 6, 2022 | Venture Capital Fund | $9.2M | 63 | $50,000 | 19% | yes | |
| Jan 27, 2023 | Venture Capital Fund | $9.2M | 63 | $50,000 | 19% | yes | |
| Nov 7, 2023 | Venture Capital Fund | $10.6M | 63 | $50,000 | 19% | yes | |
| Mar 11, 2024 | Venture Capital Fund | $10.5M | 63 | $50,000 | 17% | yes | |
| Mar 16, 2026 | Venture Capital Fund | $12.2M | 63 | $50,000 | 11% |
Principals and agents
2 principals on Form D, 0 placement agents
- -- JAM Special Opportunity Ventures LLC Executive Officer
- - Jacobs Asset Management, L.L.C. Executive Officer
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorCohnReznick · NEW YORK, New York, United StatesForm ADV filed Mar 16, 2026 reports.adviserinfo.sec.gov
- AdministratorHANOVER TECHNOLOGIES, INC. · NEW YORK, New York, United StatesForm ADV filed Mar 16, 2026 reports.adviserinfo.sec.gov
- CustodianJPMorgan · NEW YORK, New York, United StatesForm ADV filed Mar 16, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).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
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.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
3 events
- Mar 16, 2026Administrator changed: HANOVER TECHNOLOGIES, INC. replaced HEDGESERV (CAYMAN) LTD., first reported on the Form ADV filed March 16, 2026 (previous filing March 12, 2025)Administrator changed Fact Form ADV
- Dec 6, 2022Jsov III Bt LLC first reported on Form ADV by JAM Special Opportunity Ventures (Venture Capital Fund), GAV $9,180,076Fund first reported on Form ADV Fact Form ADV
- Jan 25, 2021Jsov III Bt LLC filed Form D: $7,050,000 sold of $10,000,000, Private Equity FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Jan 25, 2021 Fact Form D
- Form D fund type: Private Equity Fund Jan 25, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Jan 25, 2021 Fact Form D
- Amendment: false Jan 25, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Jan 25, 2021 Fact Form D
- Incorporated: withinFiveYears Jan 25, 2021 Fact Form D
- Jurisdiction: Delaware Jan 25, 2021 Fact Form D
- Amount sold (Form D): $7.0M Jan 25, 2021 Fact Form D
- Offering amount (Form D): $10.0M Jan 25, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Jan 25, 2021 Fact Form D
- First sale: 2021-01-13 Jan 25, 2021 Fact Form D
- Investors (Form D): 38 Jan 25, 2021 Fact Form D
- Minimum investment (Form D): 50,000 Jan 25, 2021 Fact Form D
- Securities offered: pooled Jan 25, 2021 Fact Form D
- Office address: Jan 25, 2021 Fact Form D
- Year of incorporation: 2021 Jan 25, 2021 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Jsov III Bt LLC 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.
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Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2022-12-06source on record
- Form D filed2021-01-25source 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.