DFX Intelligence
Telstra Ventures Fund III, L.P.
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
1 additional principal, 10 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Nothing material in the last 365 days. Last change: 14 Jul 2022, Latest Form D filed on 14 Jul 2022: $346M sold of $360M offered, 38 investors. A Form D amount is what was sold at the filing, never a final close.
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
- $360Mwhat may be sold, not what was raised; file 021-395294, sworn by the adviser or filed under this vehicle
- Form D sold
- $346Mas of the filing of Jul 14, 2022, 38 investors
- First sale
- Apr 20, 2021
- Reported GAV
- $311Mon the Form ADV filed Aug 14, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 36
- Reported on ADV
- Sep 15, 2021 to Aug 14, 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 2022-07-14, older than 15 months (fr-1)
evidence dated Jul 14, 2022.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 5first sale: Apr 20, 2021vintage year: 2021adv gav as of: Aug 14, 2026vintage basis: Form d first saleform d sold: $346Mform d offering: $360Mform d latest filed at: Jul 14, 2022
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Sep 15, 2021 | Venture Capital Fund | $282M | 15 | 1% | yes | ||
| Sep 27, 2022 | Venture Capital Fund | $444M | 15 | 1% | yes | ||
| Sep 27, 2023 | Venture Capital Fund | $382M | 15 | 1% | yes | ||
| Sep 5, 2024 | Venture Capital Fund | $303M | 36 | 3% | yes | ||
| Aug 14, 2026 | Venture Capital Fund | $311M | 36 | 3% |
Principals and agents
4 principals on Form D, 6 placement agents
- Frederic Michel Hervouet Director
- T Ventures Fund III GP, Ltd. Director
- Thomas Richard Chamberlain Director
- Compass Securities Corporation placement agent
- INTE Securities LLC dba TritonLake Limited placement agent
Show all 6principals, then placement agents
- Frederic Michel Hervouet Director
- T Ventures Fund III GP, Ltd. Director
- Thomas Richard Chamberlain Director
- Compass Securities Corporation placement agent
- INTE Securities LLC dba TritonLake Limited placement agent
- Supervision Partners LLC placement agent
Service providers
10 named on Form ADV Schedule D and Form D
- AuditorEY · ST. PETER PORT, GuernseyForm ADV filed Aug 14, 2026 reports.adviserinfo.sec.gov
- AdministratorLANGHAM HALL (GUERNSEY) LIMITED · ST. PETER PORT, GuernseyForm ADV filed Aug 14, 2026 reports.adviserinfo.sec.gov
- CustodianJPMorgan · NEW YORK, New York, United StatesForm ADV filed Aug 14, 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
5 events
- Sep 29, 2022Placement Agent changed: AXM Venture Capital Limited, FRO Management Limited, Fulmar Partners, INTE SECURITIES LLC, SUPERVISION BROKERAGE LLC replaced Compass Securities Corporation, first named on the Form D filed September 29, 2022 (previously last named April 9, 2021)Placement agent changed Fact Form D
- Sep 29, 2022Telstra Ventures Fund III, L.P. filed Form D/A: $350,005,000 sold of $350,005,000, Venture Capital FundForm D filed Fact Form D
- Jul 14, 2022Telstra Ventures Fund III, L.P. filed Form D/A: $346,170,000 sold of $360,000,000, Venture Capital FundForm D filed Fact Form D
- Sep 15, 2021Telstra Ventures Fund III, L.P. first reported on Form ADV by T Ventures Management Co, Ltd. (Venture Capital Fund), GAV $281,542,886Fund first reported on Form ADV Fact Form ADV
- Apr 9, 2021Telstra Ventures Fund III, L.P. filed Form D: no sales yet of $400,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
47 observations
Every observation on this vehicle
- Entity type: Limited Partnership Sep 29, 2022 Fact Form D
- Entity type: Limited Partnership Jul 14, 2022 Fact Form D
- Entity type: Limited Partnership Apr 9, 2021 Fact Form D
- Form D fund type: Venture Capital Fund Sep 29, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Jul 14, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Apr 9, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Sep 29, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Jul 14, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Apr 9, 2021 Fact Form D
- Amendment: true Sep 29, 2022 Fact Form D
- Amendment: true Jul 14, 2022 Fact Form D
- Amendment: false Apr 9, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Sep 29, 2022 Fact Form D
- Revenue range (Form D): Decline to Disclose Jul 14, 2022 Fact Form D
- Revenue range (Form D): Decline to Disclose Apr 9, 2021 Fact Form D
- Incorporated: withinFiveYears Sep 29, 2022 Fact Form D
- Incorporated: withinFiveYears Jul 14, 2022 Fact Form D
- Incorporated: withinFiveYears Apr 9, 2021 Fact Form D
- Jurisdiction: Guernsey Sep 29, 2022 Fact Form D
- Jurisdiction: Guernsey Jul 14, 2022 Fact Form D
- Jurisdiction: Guernsey Apr 9, 2021 Fact Form D
- Amount sold (Form D): $350M Sep 29, 2022 Fact Form D
- Amount sold (Form D): $346M Jul 14, 2022 Fact Form D
- Amount sold (Form D): $0 Apr 9, 2021 Fact Form D
- Offering amount (Form D): $350M Sep 29, 2022 Fact Form D
- Offering amount (Form D): $360M Jul 14, 2022 Fact Form D
- Offering amount (Form D): $400M Apr 9, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Sep 29, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jul 14, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Apr 9, 2021 Fact Form D
- First sale: 2021-04-20 Sep 29, 2022 Fact Form D
- First sale: 2021-04-20 Jul 14, 2022 Fact Form D
- Investors (Form D): 39 Sep 29, 2022 Fact Form D
- Investors (Form D): 38 Jul 14, 2022 Fact Form D
- Investors (Form D): 0 Apr 9, 2021 Fact Form D
- Minimum investment (Form D): 0 Sep 29, 2022 Fact Form D
- Minimum investment (Form D): 0 Jul 14, 2022 Fact Form D
- Minimum investment (Form D): 0 Apr 9, 2021 Fact Form D
- Securities offered: pooled Sep 29, 2022 Fact Form D
- Securities offered: pooled Jul 14, 2022 Fact Form D
- Securities offered: pooled Apr 9, 2021 Fact Form D
- Office address: Sep 29, 2022 Fact Form D
- Office address: Jul 14, 2022 Fact Form D
- Office address: Apr 9, 2021 Fact Form D
- Year of incorporation: 2021 Sep 29, 2022 Fact Form D
- Year of incorporation: 2021 Jul 14, 2022 Fact Form D
- Year of incorporation: 2020 Apr 9, 2021 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Telstra Ventures 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
4 dated events on the change ledger, latest event first
- Form D filed2022-09-29source on record
- Form D filed2022-07-14source on record
- Fund first reported on ADV2021-09-15source on record
+1 more change 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.