DFX Intelligence
South Park Commons Fund 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
2 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: 8 May 2025, Latest Form D filed on 8 May 2025: $62.1M sold of $62.1M offered, 9 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
- 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
- $62.1Mwhat may be sold, not what was raised; file 021-518505, 021-483465, sworn by the adviser or filed under this vehicle
- Form D sold
- $62.1Mas of the filing of May 8, 2025, 9 investors
- First sale
- Jul 22, 2024
- Reported GAV
- $280Mon the Form ADV filed Mar 30, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 55
- Reported on ADV
- unknown
Fundraising evidenceWhat 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 2025-05-08: the stated $62.1M offering reported fully sold (fr-1)
evidence dated May 8, 2025.
LifecycleActive deployment
vintage 2 to 4 years
age years: 3first sale: Jul 22, 2024vintage year: 2023adv gav as of: Mar 30, 2026vintage basis: Form d first saleform d sold: $62.1Mform d offering: $62.1Mform d latest filed at: May 8, 2025
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2026 | Venture Capital Fund | $280M | 55 | 2% |
Principals and agents
3 principals on Form D, 0 placement agents
- Aditya Agarwal Director
- SPC GP III, LLC Promoter
- Ruchi Sanghvi Director
Service providers
5 named on Form ADV Schedule D and Form D
- AuditorKPMG · GRAND CAYMAN, Cayman IslandsForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- AdministratorHANOVER TECHNOLOGIES, INC. · NEW YORK, New York, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- AdministratorStandish Management · LEHI, Utah, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performanceWhose 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 allocatorsWhat 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
4 events
- Mar 30, 2026South Park Commons Fund III, L.P. first reported on Form ADV by South Park Commons Management (Venture Capital Fund), GAV $279,527,544Fund first reported on Form ADV Inference Form ADV
- May 8, 2025South Park Commons Fund III, L.P. filed Form D/A: $62,100,000 sold of $62,100,000, Venture Capital FundForm D filed Fact Form D
- Jul 12, 2024South Park Commons Fund III, L.P. filed Form D: no sales yet of $18,000,000, Venture Capital FundForm D filed Fact Form D
- Jul 11, 2024South Park Commons Fund III, L.P. filed Form D/A: $169,675,000 sold of $169,675,000, Venture Capital FundForm D filed Fact Form D
Evidence
47 observations
Every observation on this vehicle
- Entity type: Limited Partnership May 8, 2025 Fact Form D
- Entity type: Limited Partnership Jul 12, 2024 Fact Form D
- Entity type: Limited Partnership Jul 11, 2024 Fact Form D
- Form D fund type: Venture Capital Fund May 8, 2025 Fact Form D
- Form D fund type: Venture Capital Fund Jul 12, 2024 Fact Form D
- Form D fund type: Venture Capital Fund Jul 11, 2024 Fact Form D
- Form D industry group: Pooled Investment Fund May 8, 2025 Fact Form D
- Form D industry group: Pooled Investment Fund Jul 12, 2024 Fact Form D
- Form D industry group: Pooled Investment Fund Jul 11, 2024 Fact Form D
- Amendment: true May 8, 2025 Fact Form D
- Amendment: false Jul 12, 2024 Fact Form D
- Amendment: true Jul 11, 2024 Fact Form D
- Revenue range (Form D): Decline to Disclose May 8, 2025 Fact Form D
- Revenue range (Form D): Decline to Disclose Jul 12, 2024 Fact Form D
- Revenue range (Form D): Decline to Disclose Jul 11, 2024 Fact Form D
- Incorporated: withinFiveYears May 8, 2025 Fact Form D
- Incorporated: withinFiveYears Jul 12, 2024 Fact Form D
- Incorporated: withinFiveYears Jul 11, 2024 Fact Form D
- Jurisdiction: Delaware May 8, 2025 Fact Form D
- Jurisdiction: Delaware Jul 12, 2024 Fact Form D
- Jurisdiction: Delaware Jul 11, 2024 Fact Form D
- Amount sold (Form D): $62.1M May 8, 2025 Fact Form D
- Amount sold (Form D): $0 Jul 12, 2024 Fact Form D
- Amount sold (Form D): $170M Jul 11, 2024 Fact Form D
- Offering amount (Form D): $62.1M May 8, 2025 Fact Form D
- Offering amount (Form D): $18.0M Jul 12, 2024 Fact Form D
- Offering amount (Form D): $170M Jul 11, 2024 Fact Form D
- Exemptions: 06c, 3C, 3C.7 May 8, 2025 Fact Form D
- Exemptions: 06c, 3C, 3C.7 Jul 12, 2024 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jul 11, 2024 Fact Form D
- First sale: 2024-07-22 May 8, 2025 Fact Form D
- First sale: 2023-06-07 Jul 11, 2024 Fact Form D
- Investors (Form D): 9 May 8, 2025 Fact Form D
- Investors (Form D): 0 Jul 12, 2024 Fact Form D
- Investors (Form D): 45 Jul 11, 2024 Fact Form D
- Minimum investment (Form D): 0 May 8, 2025 Fact Form D
- Minimum investment (Form D): 0 Jul 12, 2024 Fact Form D
- Minimum investment (Form D): 0 Jul 11, 2024 Fact Form D
- Securities offered: pooled May 8, 2025 Fact Form D
- Securities offered: pooled Jul 12, 2024 Fact Form D
- Securities offered: pooled Jul 11, 2024 Fact Form D
- Office address: May 8, 2025 Fact Form D
- Office address: Jul 12, 2024 Fact Form D
- Office address: Jul 11, 2024 Fact Form D
- Year of incorporation: 2023 May 8, 2025 Fact Form D
- Year of incorporation: 2023 Jul 12, 2024 Fact Form D
- Year of incorporation: 2023 Jul 11, 2024 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
South Park Commons 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.
Checking your plan…
Record history
4 dated events on the change ledger, latest event first
- Fund first reported on ADV2026-03-30source on record
- Form D filed2025-05-08source on record
- Form D filed2024-07-12source 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.