Third Rock Ventures III, L.P.
2 additional principals
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
- +24%reported GAV
Reported gross assets rose from $33.7M to $41.8M between the Form ADV filings of 26 Mar 2024 and 19 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Amounts, each with its basis
- Vintage
- 2013basis: 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
- $500Mwhat may be sold, not what was raised; file 021-193854, sworn by the adviser or filed under this vehicle
- Form D sold
- $500Mas of the filing of Mar 25, 2013, 58 investors
- First sale
- Mar 15, 2013
- Reported GAV
- $41.8Mon the Form ADV filed Mar 19, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 62
- Reported on ADV
- Mar 27, 2013 to Mar 19, 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.Lifecycle
Harvest
Lifecycle
The fund's own reporting through time
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 27, 2013 | Venture Capital Fund | $516M | 55 | $5.0M | 3% | yes | |
| Mar 25, 2014 | Venture Capital Fund | $505M | 60 | $5.0M | 3% | yes | |
| Mar 25, 2015 | Venture Capital Fund | $505M | 60 | $5.0M | 3% | yes | |
| Mar 23, 2016 | Venture Capital Fund | $773M | 60 | $5.0M | 3% | yes | |
| Mar 23, 2017 | Venture Capital Fund | $782M | 60 | $150,000 | 3% | yes | |
| Mar 20, 2018 | Venture Capital Fund | $863M | 60 | $150,000 | 3% | yes | |
| Mar 19, 2019 | Venture Capital Fund | $692M | 60 | $150,000 | 3% | yes | |
| Mar 27, 2020 | Venture Capital Fund | $657M | 60 | $150,000 | 3% | yes | |
| Mar 31, 2021 | Venture Capital Fund | $1.3B | 59 | $150,000 | 3% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $484M | 60 | $150,000 | 3% | yes | |
| Mar 29, 2023 | Venture Capital Fund | $171M | 60 | $150,000 | 3% | yes | |
| Mar 26, 2024 | Venture Capital Fund | $33.7M | 60 | $150,000 | 3% | yes | |
| Mar 19, 2026 | Venture Capital Fund | $41.8M | 62 | $107,600 | 3% |
Principals and agents
- TRV GP III, LLC Director
- Robert Tepper Executive Officer
- Third Rock Ventures GP III, L.P. Director
Service providers
- CustodianCITIZENS BANK, NATIONAL ASSOCIATION · PROVIDENCE, Rhode Island, United StatesForm ADV filed Mar 19, 2026 reports.adviserinfo.sec.gov
- CustodianBTIG · NEW YORK, New York, United StatesForm ADV filed Mar 19, 2026 reports.adviserinfo.sec.gov
- CustodianBank of America · BOSTON, Massachusetts, United StatesForm ADV filed Mar 19, 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).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.| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| The Grantham Foundation for the Protection of the Environment | FOUNDATION | $238,124 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
Timeline
- Mar 23, 2017Auditor changed: MAYER HOFFMAN MCCANN P.C. replaced EY, first reported on the Form ADV filed March 23, 2017 (previous filing March 23, 2016)Auditor changed Fact Form ADV
- Mar 27, 2013Third Rock Ventures III, L.P. first reported on Form ADV by Third Rock Ventures, LLC. (Venture Capital Fund), GAV $515,630,000Fund first reported on Form ADV Fact Form ADV
- Mar 25, 2013Third Rock Ventures III, L.P. filed Form D: $500,000,000 sold of $500,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
Every observation on this vehicle
- Entity type: Limited Partnership Mar 25, 2013 Fact Form D
- Form D fund type: Venture Capital Fund Mar 25, 2013 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 25, 2013 Fact Form D
- Amendment: false Mar 25, 2013 Fact Form D
- Revenue range (Form D): Decline to Disclose Mar 25, 2013 Fact Form D
- Incorporated: withinFiveYears Mar 25, 2013 Fact Form D
- Jurisdiction: Delaware Mar 25, 2013 Fact Form D
- Amount sold (Form D): $500M Mar 25, 2013 Fact Form D
- Offering amount (Form D): $500M Mar 25, 2013 Fact Form D
- Exemptions: 06, 3C, 3C.7 Mar 25, 2013 Fact Form D
- First sale: 2013-03-15 Mar 25, 2013 Fact Form D
- Investors (Form D): 58 Mar 25, 2013 Fact Form D
- Minimum investment (Form D): 150,000 Mar 25, 2013 Fact Form D
- Securities offered: pooled Mar 25, 2013 Fact Form D
- Office address: Mar 25, 2013 Fact Form D
- Year of incorporation: 2013 Mar 25, 2013 Fact Form D
Relationships across DFX
on 3 other DFX graphs
Third Rock Ventures III, L.P. is the same institution as 3 records in Allocators, RIA and Wealth and Family Offices.
DFX found 3 relationships across 3 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.
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Record history
- Fund first reported on ADV2013-03-27source on record
- Form D filed2013-03-25source 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.