DFX Intelligence
Union Grove Holdings III, LLC
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 principal, 1 additional placement agent
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- -100%reported GAV
Reported gross assets fell from $931K to $0 between the Form ADV filings of 26 Mar 2024 and 31 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
- 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
- $4.1Mwhat may be sold, not what was raised; file 021-445605, sworn by the adviser or filed under this vehicle
- Form D sold
- $4.1Mas of the filing of May 13, 2022, 3 investors
- First sale
- May 2, 2022
- Reported GAV
- $0on the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 4
- Reported on ADV
- Mar 31, 2023 to Mar 31, 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 2022-05-13: the stated $4.1M offering reported fully sold (fr-1)
evidence dated May 13, 2022.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 4first sale: May 2, 2022vintage year: 2022adv gav as of: Mar 31, 2026vintage basis: Form d first saleform d sold: $4.1Mform d offering: $4.1Mform d latest filed at: May 13, 2022
The fund's own reporting through time
3 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2023 | Venture Capital Fund | $2.6M | 4 | $50,000 | 0% | yes | |
| Mar 26, 2024 | Venture Capital Fund | $930,699 | 4 | $50,000 | 0% | yes | |
| Mar 31, 2026 | Venture Capital Fund | $0 | 4 | $50,000 | 0% |
Principals and agents
4 principals on Form D, 0 placement agents
- Patrick Cairns Director
- Gregory Bohlen Director
- John Spilman, V Director
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorKPMG · GRAND CAYMAN, Cayman IslandsForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorTMF GROUP · CARY, North Carolina, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianSTIFEL FINANCIAL CORP. · ST. LOUIS, Missouri, United StatesForm ADV filed Mar 31, 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.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
2 events
- Mar 31, 2023Union Grove Holdings III, LLC first reported on Form ADV by Union Grove Venture Partners (Venture Capital Fund), GAV $2,600,675Fund first reported on Form ADV Fact Form ADV
- May 13, 2022Union Grove Holdings III, LLC filed Form D: $4,091,000 sold of $4,091,000, Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Other May 13, 2022 Fact Form D
- Form D fund type: Venture Capital Fund May 13, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund May 13, 2022 Fact Form D
- Amendment: false May 13, 2022 Fact Form D
- Revenue range (Form D): Decline to Disclose May 13, 2022 Fact Form D
- Incorporated: withinFiveYears May 13, 2022 Fact Form D
- Jurisdiction: Delaware May 13, 2022 Fact Form D
- Amount sold (Form D): $4.1M May 13, 2022 Fact Form D
- Offering amount (Form D): $4.1M May 13, 2022 Fact Form D
- Exemptions: 3C, 06b, 3C.7 May 13, 2022 Fact Form D
- First sale: 2022-05-02 May 13, 2022 Fact Form D
- Investors (Form D): 3 May 13, 2022 Fact Form D
- Minimum investment (Form D): 0 May 13, 2022 Fact Form D
- Securities offered: pooled May 13, 2022 Fact Form D
- Office address: May 13, 2022 Fact Form D
- Year of incorporation: 2022 May 13, 2022 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Union Grove Holdings III, LLC 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
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2023-03-31source on record
- Form D filed2022-05-13source 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.