DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Funds / Frazier Healthcare III, L.P.
Frazier Healthcare III, L.P.
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
- $2.6Mon the Form ADV filed May 17, 2017; the fund's assets, never its size or dry powder
- Owners (ADV)
- 56
- Reported on ADV
- Mar 30, 2012 to May 17, 2017no longer reported: wound down, transferred or renamed
Fundraising evidence
Unknown
no Form D or close on record (fr-1)
A 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
Wound down
dropped from Form ADV while the adviser kept filing
last reported: n/a
The fund's own reporting through time
12 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2012 | Venture Capital Fund | $29.0M | 53 | $3.0M | 1% | yes | |
| Oct 16, 2012 | Venture Capital Fund | $29.0M | 53 | $3.0M | 1% | yes | |
| Mar 21, 2013 | Venture Capital Fund | $22.0M | 56 | $3.0M | 1% | yes | |
| Mar 31, 2014 | Venture Capital Fund | $24.9M | 56 | $3.0M | 1% | yes | |
| May 1, 2014 | Venture Capital Fund | $24.9M | 56 | $3.0M | 1% | yes | |
| Mar 13, 2015 | Venture Capital Fund | $23.3M | 56 | $3.0M | 1% | yes | |
| Mar 29, 2016 | Venture Capital Fund | $2.1M | 56 | $3.0M | 1% | yes | |
| May 6, 2016 | Venture Capital Fund | $2.1M | 56 | $3.0M | 1% | yes | |
| Jun 29, 2016 | Venture Capital Fund | $2.1M | 56 | $3.0M | 1% | yes | |
| Jun 29, 2016 | Venture Capital Fund | $2.1M | 56 | $3.0M | 1% | yes | |
| Mar 31, 2017 | Venture Capital Fund | $2.1M | 56 | $3.0M | 1% | yes | |
| May 17, 2017 | Venture Capital Fund | $2.6M | 56 | $3.0M | 1% | yes |
Principals and agents
0 principals on Form D, 0 placement agents
No Form D related person on record.
Limited partners and their reported performance
1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Washington State Investment Board sib.wa.gov | 1998 | $40.0M | $42.6M | $20.1M | n/a | not meaningful yet | 0.5x | Dec 31, 2025 |
Each 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).
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
- Dec 31, 2025WSIB reports Frazier Healthcare III, L.P.: $40,000,000 committed, vintage 1998LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Dec 31, 2025WSIB reports Frazier Healthcare III, L.P.: $40,000,000 committed, vintage 1998LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 30, 2018Frazier Healthcare III, L.P. no longer reported on Form ADV by Frazier Healthcare PartnersFund no longer reported Inference SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012Frazier Healthcare III, L.P. first reported on Form ADV by Frazier Management, L.L.C. (Venture Capital Fund), GAV $29,002,550Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Evidence
0 observations