Saturn Partners Limited Partnership III
What matters now
- -41%reported GAV
Reported gross assets fell from $50.8M to $30.2M between the Form ADV filings of 3 Apr 2024 and 10 Jun 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Amounts, each with its basis
- Vintage
- unknownno dated first sale or first report yet
- 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
- unknownwhat may be sold, not what was raised
- Form D sold
- unknown
- First sale
- unknown
- Reported GAV
- $30.2Mon the Form ADV filed Jun 10, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 97
- Reported on ADV
- Mar 30, 2012 to Jun 10, 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.Lifecycle
Unknown
Lifecycle
The fund's own reporting through time
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2012 | Venture Capital Fund | $36.5M | 45 | $200,000 | 12% | yes | |
| Aug 7, 2012 | Venture Capital Fund | $36.5M | 45 | $200,000 | 12% | yes | |
| Apr 1, 2013 | Venture Capital Fund | $67.0M | 47 | $100,000 | 12% | yes | |
| Apr 24, 2013 | Venture Capital Fund | $67.0M | 47 | $100,000 | 12% | yes | |
| Jan 30, 2014 | Venture Capital Fund | $67.0M | 47 | $100,000 | 12% | yes | |
| Mar 18, 2015 | Venture Capital Fund | $67.0M | 47 | $100,000 | 12% | yes | |
| May 5, 2016 | Venture Capital Fund | $51.8M | 97 | $100,000 | 7% | yes | |
| Feb 1, 2017 | Venture Capital Fund | $51.8M | 97 | $100,000 | 7% | yes | |
| Apr 11, 2018 | Venture Capital Fund | $46.1M | 97 | $100,000 | 7% | yes | |
| Jul 1, 2019 | Venture Capital Fund | $50.7M | 97 | $100,000 | 7% | yes | |
| May 30, 2020 | Venture Capital Fund | $54.4M | 97 | $100,000 | 7% | yes | |
| May 5, 2021 | Venture Capital Fund | $60.6M | 97 | $100,000 | 7% | yes | |
| Feb 3, 2022 | Venture Capital Fund | $83.9M | 97 | $100,000 | 7% | yes | |
| May 5, 2023 | Venture Capital Fund | $49.7M | 97 | $100,000 | 7% | yes | |
| Apr 3, 2024 | Venture Capital Fund | $50.8M | 97 | $100,000 | 7% | yes | |
| Jun 10, 2026 | Venture Capital Fund | $30.2M | 97 | $100,000 | 6% |
Principals and agents
Service providers
- AuditorMAYER HOFFMAN MCCANN P.C. · BOSTON, Massachusetts, United StatesForm ADV filed Jun 10, 2026 reports.adviserinfo.sec.gov
- CustodianRBC CAPITAL MARKETS, LLC · MIAMI, Florida, United StatesForm ADV filed Jun 10, 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).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.Investments attributed to this vehicle
Timeline
- May 30, 2020Custodian changed: RBC CAPITAL MARKETS, LLC replaced Morgan Stanley, first reported on the Form ADV filed May 30, 2020 (previous filing July 1, 2019)Custodian changed Fact Form ADV
- Jul 1, 2019Auditor changed: MAYER HOFFMAN MCCANN P.C. replaced RSM, first reported on the Form ADV filed July 1, 2019 (previous filing April 11, 2018)Auditor changed Fact Form ADV
- Mar 30, 2012Saturn Partners Limited Partnership III first reported on Form ADV by Saturn Management LLC (Venture Capital Fund), GAV $36,496,686Fund first reported on Form ADV Fact Form ADV
Evidence
Every observation on this vehicle
Relationships across DFX
on 1 other DFX graph
Saturn Partners Limited Partnership III is the same institution as 1 record in RIA and Wealth.
The joined record opens with the product, beside every other relationship on this page.
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Record history
- Fund first reported on ADV2012-03-30source 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.