DFX Intelligence
Flare Capital Partners III, LP
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
1 additional placement agent
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: 25 Apr 2022, Latest Form D filed on 25 Apr 2022: $350M sold of $350M offered, 91 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
- $350Mwhat may be sold, not what was raised; file 021-432965, sworn by the adviser or filed under this vehicle
- Form D sold
- $350Mas of the filing of Apr 25, 2022, 91 investors
- First sale
- Feb 10, 2022
- Reported GAV
- $325Mon the Form ADV filed May 14, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 92
- Reported on ADV
- Mar 18, 2022 to May 14, 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 2022-04-25: the stated $350.0M offering reported fully sold (fr-1)
evidence dated Apr 25, 2022.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 4first sale: Feb 10, 2022vintage year: 2022adv gav as of: May 14, 2026vintage basis: Form d first saleform d sold: $350Mform d offering: $350Mform d latest filed at: Apr 25, 2022
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 18, 2022 | Venture Capital Fund | $272M | 61 | 2% | no | ||
| Mar 21, 2023 | Venture Capital Fund | $348M | 91 | $1.0M | 2% | yes | |
| Mar 15, 2024 | Venture Capital Fund | $341M | 92 | $1.0M | 2% | yes | |
| May 14, 2026 | Venture Capital Fund | $325M | 92 | $1.0M | 2% |
Principals and agents
3 principals on Form D, 0 placement agents
- Flare Capital Managers III, LLC Executive Officer
- Michael a. Greeley Executive Officer
- William J. Geary Executive Officer
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorEY · BOSTON, Massachusetts, United StatesForm ADV filed May 14, 2026 reports.adviserinfo.sec.gov
- AdministratorApex Group · PARAMUS, New Jersey, United StatesForm ADV filed May 14, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · BOSTON, Massachusetts, United StatesForm ADV filed May 14, 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 |
|---|---|---|---|---|
| Klarman Family Foundation | FOUNDATION | $457,697 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 25, 2022Flare Capital Partners III, L.P. filed Form D/A: $350,000,000 sold of $350,000,000, Venture Capital FundForm D filed Fact Form D
- Mar 18, 2022Flare Capital Partners III, LP first reported on Form ADV by Flare Capital Management Company, LLC (Venture Capital Fund), GAV $272,391,000Fund first reported on Form ADV Fact Form ADV
- Feb 9, 2022Flare Capital Partners 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 25, 2022 Fact Form D
- Entity type: Limited Partnership Feb 9, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Apr 25, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Feb 9, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Apr 25, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Feb 9, 2022 Fact Form D
- Amendment: true Apr 25, 2022 Fact Form D
- Amendment: false Feb 9, 2022 Fact Form D
- Revenue range (Form D): Not Applicable Apr 25, 2022 Fact Form D
- Revenue range (Form D): Not Applicable Feb 9, 2022 Fact Form D
- Incorporated: withinFiveYears Apr 25, 2022 Fact Form D
- Incorporated: withinFiveYears Feb 9, 2022 Fact Form D
- Jurisdiction: Delaware Apr 25, 2022 Fact Form D
- Jurisdiction: Delaware Feb 9, 2022 Fact Form D
- Amount sold (Form D): $350M Apr 25, 2022 Fact Form D
- Amount sold (Form D): $0 Feb 9, 2022 Fact Form D
- Offering amount (Form D): $350M Apr 25, 2022 Fact Form D
- Offering amount (Form D): $250M Feb 9, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Apr 25, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Feb 9, 2022 Fact Form D
- First sale: 2022-02-10 Apr 25, 2022 Fact Form D
- Investors (Form D): 91 Apr 25, 2022 Fact Form D
- Investors (Form D): 0 Feb 9, 2022 Fact Form D
- Minimum investment (Form D): 0 Apr 25, 2022 Fact Form D
- Minimum investment (Form D): 0 Feb 9, 2022 Fact Form D
- Securities offered: pooled Apr 25, 2022 Fact Form D
- Securities offered: pooled Feb 9, 2022 Fact Form D
- Office address: Apr 25, 2022 Fact Form D
- Office address: Feb 9, 2022 Fact Form D
- Year of incorporation: 2022 Apr 25, 2022 Fact Form D
- Year of incorporation: 2022 Feb 9, 2022 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Flare Capital Partners III, LP 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
3 dated events on the change ledger, latest event first
- Form D filed2022-04-25source on record
- Fund first reported on ADV2022-03-18source on record
- Form D filed2022-02-09source 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.