DFX Intelligence
Liveoak Venture Partners 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
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- +26%reported GAV
Reported gross assets rose from $193M to $245M between the Form ADV filings of 28 Mar 2024 and 30 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
- $150Mwhat may be sold, not what was raised; file 021-417546, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Oct 19, 2021
- First sale
- unknown
- Reported GAV
- $245Mon the Form ADV filed Mar 30, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 97
- Reported on ADV
- Mar 28, 2022 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.Unknown
latest Form D 2021-10-19, older than 15 months (fr-1)
evidence dated Oct 19, 2021.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 5first sale: n/avintage year: 2021adv gav as of: Mar 30, 2026vintage basis: Form d first saleform d sold: $0form d offering: $150Mform d latest filed at: Oct 19, 2021
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 28, 2022 | Venture Capital Fund | $210M | 97 | 2% | yes | ||
| Mar 31, 2023 | Venture Capital Fund | $213M | 97 | 2% | yes | ||
| Mar 28, 2024 | Venture Capital Fund | $193M | 97 | 2% | yes | ||
| Mar 30, 2026 | Venture Capital Fund | $245M | 97 | 0% |
Principals and agents
4 principals on Form D, 0 placement agents
- LOVP Upper Tier GP III, LLC Director
- Krishna Srinivasan Director
- Venugopal Shamapant Director
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorBDO · CHICAGO, Illinois, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- AdministratorCarta · SAN FRANCISCO, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · SANTA CLARA, 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.1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| H E Butt Foundation | FOUNDATION | $1.3M 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
4 events
- Mar 31, 2025Auditor changed: BDO replaced KPMG, first reported on the Form ADV filed March 31, 2025 (previous filing March 28, 2024)Auditor changed Fact Form ADV
- Mar 28, 2022Liveoak Venture Partners III, L.P. first reported on Form ADV by Liveoak Management Services, LLC (Venture Capital Fund), GAV $210,250,000Fund first reported on Form ADV Fact Form ADV
- Nov 18, 2021LiveOak Venture Partners III, L.P. filed Form D/A: $210,250,000 sold of $210,250,000, Venture Capital FundForm D filed Fact Form D
- Oct 19, 2021LiveOak Venture Partners III, L.P. filed Form D: no sales yet of $150,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Nov 18, 2021 Fact Form D
- Entity type: Limited Partnership Oct 19, 2021 Fact Form D
- Form D fund type: Venture Capital Fund Nov 18, 2021 Fact Form D
- Form D fund type: Venture Capital Fund Oct 19, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Nov 18, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Oct 19, 2021 Fact Form D
- Amendment: true Nov 18, 2021 Fact Form D
- Amendment: false Oct 19, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Nov 18, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Oct 19, 2021 Fact Form D
- Incorporated: withinFiveYears Nov 18, 2021 Fact Form D
- Incorporated: withinFiveYears Oct 19, 2021 Fact Form D
- Jurisdiction: Delaware Nov 18, 2021 Fact Form D
- Jurisdiction: Delaware Oct 19, 2021 Fact Form D
- Amount sold (Form D): $210M Nov 18, 2021 Fact Form D
- Amount sold (Form D): $0 Oct 19, 2021 Fact Form D
- Offering amount (Form D): $210M Nov 18, 2021 Fact Form D
- Offering amount (Form D): $150M Oct 19, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Nov 18, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Oct 19, 2021 Fact Form D
- First sale: 2021-10-20 Nov 18, 2021 Fact Form D
- Investors (Form D): 82 Nov 18, 2021 Fact Form D
- Investors (Form D): 0 Oct 19, 2021 Fact Form D
- Minimum investment (Form D): 0 Nov 18, 2021 Fact Form D
- Minimum investment (Form D): 0 Oct 19, 2021 Fact Form D
- Securities offered: pooled Nov 18, 2021 Fact Form D
- Securities offered: pooled Oct 19, 2021 Fact Form D
- Office address: Nov 18, 2021 Fact Form D
- Office address: Oct 19, 2021 Fact Form D
- Year of incorporation: 2021 Nov 18, 2021 Fact Form D
- Year of incorporation: 2021 Oct 19, 2021 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Liveoak Venture Partners III, L.P. is the same institution as 2 records in Allocators and RIA and Wealth.
Allocators1RIA 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.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Record history
1 identity change, 3 dated events on the change ledger, latest event first
- Event retracted2026-10-01
- Fund first reported on ADV2022-03-28source on record
- Form D filed2021-11-18source 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.