DFX Intelligence
Versant Vantage III, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
6 additional principals, 4 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: 7 Apr 2023, Latest Form D filed on 7 Apr 2023: $299M sold of $299M offered, 82 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
- 2022basis: 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
- $299Mwhat may be sold, not what was raised; file 021-461398, sworn by the adviser or filed under this vehicle
- Form D sold
- $299Mas of the filing of Apr 7, 2023, 82 investors
- First sale
- Oct 12, 2022
- Reported GAV
- $296Mon the Form ADV filed Mar 30, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 93
- Reported on ADV
- Mar 29, 2023 to Mar 30, 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.Closed to new capital
Form D filed or amended 2023-04-07: the stated $298.7M offering reported fully sold (fr-1)
evidence dated Apr 7, 2023.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 4first sale: Oct 12, 2022vintage year: 2022adv gav as of: Mar 30, 2026vintage basis: Form d first saleform d sold: $299Mform d offering: $299Mform d latest filed at: Apr 7, 2023
The fund's own reporting through time
3 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2023 | Venture Capital Fund | $271M | 74 | 2% | yes | ||
| Mar 28, 2024 | Venture Capital Fund | $311M | 92 | 2% | yes | ||
| Mar 30, 2026 | Venture Capital Fund | $296M | 93 | 2% |
Principals and agents
9 principals on Form D, 1 placement agents
- Versant Vantage III GP, L.P. Executive Officer
- Versant Vantage III GP (Canada), LLC Executive Officer
- Jerel Davis Executive Officer
- J.P. Morgan Securities LLC placement agent
Service providers
7 named on Form ADV Schedule D and Form D
- AuditorKPMG · SAN FRANCISCO, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · MENLO PARK, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianJPMorgan · SAN FRANCISCO, California, United StatesForm ADV filed Mar 30, 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.2 relationships, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Carnegie Corporation of New York | FOUNDATION | $569,847 fair value on the foundation's return | reported as of Sep 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
| Richard King Mellon Foundation Dtd 01-01-47 | FOUNDATION | $409,330 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
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
- Apr 7, 2023Versant Vantage III, L.P. filed Form D/A: $298,654,822 sold of $298,654,822, Venture Capital FundForm D filed Fact Form D
- Mar 29, 2023Versant Vantage III, L.P. first reported on Form ADV by Versant Venture Management, LLC (Venture Capital Fund), GAV $270,736,041Fund first reported on Form ADV Fact Form ADV
- Oct 11, 2022Versant Vantage III, L.P. filed Form D: no sales yet of $250,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Apr 7, 2023 Fact Form D
- Entity type: Limited Partnership Oct 11, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Apr 7, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Oct 11, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Apr 7, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Oct 11, 2022 Fact Form D
- Amendment: true Apr 7, 2023 Fact Form D
- Amendment: false Oct 11, 2022 Fact Form D
- Revenue range (Form D): Not Applicable Apr 7, 2023 Fact Form D
- Revenue range (Form D): Not Applicable Oct 11, 2022 Fact Form D
- Incorporated: withinFiveYears Apr 7, 2023 Fact Form D
- Incorporated: withinFiveYears Oct 11, 2022 Fact Form D
- Jurisdiction: Delaware Apr 7, 2023 Fact Form D
- Jurisdiction: Delaware Oct 11, 2022 Fact Form D
- Amount sold (Form D): $299M Apr 7, 2023 Fact Form D
- Amount sold (Form D): $0 Oct 11, 2022 Fact Form D
- Offering amount (Form D): $299M Apr 7, 2023 Fact Form D
- Offering amount (Form D): $250M Oct 11, 2022 Fact Form D
- Exemptions: 06c, 3C, 3C.7 Apr 7, 2023 Fact Form D
- Exemptions: 06c, 3C, 3C.7 Oct 11, 2022 Fact Form D
- First sale: 2022-10-12 Apr 7, 2023 Fact Form D
- Investors (Form D): 82 Apr 7, 2023 Fact Form D
- Investors (Form D): 0 Oct 11, 2022 Fact Form D
- Minimum investment (Form D): 0 Apr 7, 2023 Fact Form D
- Minimum investment (Form D): 0 Oct 11, 2022 Fact Form D
- Securities offered: pooled Apr 7, 2023 Fact Form D
- Securities offered: pooled Oct 11, 2022 Fact Form D
- Office address: Apr 7, 2023 Fact Form D
- Office address: Oct 11, 2022 Fact Form D
- Year of incorporation: 2022 Apr 7, 2023 Fact Form D
- Year of incorporation: 2022 Oct 11, 2022 Fact Form D
Relationships across DFX
on 3 other DFX graphs
Across the graphs
Versant Vantage III, L.P. is the same institution as 3 records in Allocators, RIA and Wealth and Family Offices.
Allocators1RIA and Wealth1Family Offices1
DFX found 3 relationships across 3 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.
Checking your plan…
Record history
3 dated events on the change ledger, latest event first
- Form D filed2023-04-07source on record
- Fund first reported on ADV2023-03-29source on record
- Form D filed2022-10-11source 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.