DFX Intelligence
Rethink Impact III, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
Early deploymentClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
2 additional principals, 1 additional LP report or investment
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: 12 Feb 2025, Latest Form D filed on 12 Feb 2025: $260M sold of $260M offered, 234 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
- 2024basis: 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
- $260Mwhat may be sold, not what was raised; file 021-512335, sworn by the adviser or filed under this vehicle
- Form D sold
- $260Mas of the filing of Feb 12, 2025, 234 investors
- First sale
- Jun 4, 2024
- Reported GAV
- $252Mon the Form ADV filed Jul 6, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 234
- Reported on ADV
- unknown
Fundraising evidenceWhat 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 2025-02-12: the stated $259.8M offering reported fully sold (fr-1)
evidence dated Feb 12, 2025.
LifecycleEarly deployment
vintage within 2 years
age years: 2first sale: Jun 4, 2024vintage year: 2024adv gav as of: Jul 6, 2026vintage basis: Form d first saleform d sold: $260Mform d offering: $260Mform d latest filed at: Feb 12, 2025
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jul 6, 2026 | Venture Capital Fund | $252M | 234 | $48,350 | 1% |
Principals and agents
5 principals on Form D, 1 placement agents
- Heidi Patel Executive Officer
- Rethink Impact III, GP LP Executive Officer
- Jenny Abramson Executive Officer
- UBS Financial Services Inc. placement agent
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorCohnReznick · NEW YORK, New York, United StatesForm ADV filed Jul 6, 2026 reports.adviserinfo.sec.gov
- AdministratorRELIANT FUND SERVICES, LLC · CARNFORD, New Jersey, United StatesForm ADV filed Jul 6, 2026 reports.adviserinfo.sec.gov
- CustodianBANC OF CALIFORNIA · NEW YORK, New York, United StatesForm ADV filed Jul 6, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performanceWhose 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 allocatorsWhat 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.
4 relationships, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Weingart Foundation | FOUNDATION | $380,292 fair value on the foundation's return | reported as of Jun 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
| Surdna Foundation Inc | FOUNDATION | $95,071 fair value on the foundation's return | reported as of Jun 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
| Eugene & Agnes E Meyer Foundation | FOUNDATION | $156 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
- Jul 6, 2026Rethink Impact III LP first reported on Form ADV by Rethink Capital Partners, LLC (Venture Capital Fund), GAV $252,225,000Fund first reported on Form ADV Inference Form ADV
- Mar 31, 2026Administrator changed: RELIANT FUND SERVICES, LLC replaced Apex Group, first reported on the Form ADV filed March 31, 2026 (previous filing March 31, 2025)Administrator changed Fact Form ADV
- Feb 12, 2025Rethink Impact III, LP filed Form D/A: $259,766,000 sold of $259,766,000, Venture Capital FundForm D filed Fact Form D
- May 3, 2024Rethink Impact III, LP filed Form D: no sales yet (indefinite offering), Venture Capital FundForm D filed Fact Form D
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Feb 12, 2025 Fact Form D
- Entity type: Limited Partnership May 3, 2024 Fact Form D
- Form D fund type: Venture Capital Fund Feb 12, 2025 Fact Form D
- Form D fund type: Venture Capital Fund May 3, 2024 Fact Form D
- Form D industry group: Pooled Investment Fund Feb 12, 2025 Fact Form D
- Form D industry group: Pooled Investment Fund May 3, 2024 Fact Form D
- Amendment: true Feb 12, 2025 Fact Form D
- Amendment: false May 3, 2024 Fact Form D
- Revenue range (Form D): Decline to Disclose Feb 12, 2025 Fact Form D
- Revenue range (Form D): Decline to Disclose May 3, 2024 Fact Form D
- Incorporated: withinFiveYears Feb 12, 2025 Fact Form D
- Incorporated: withinFiveYears May 3, 2024 Fact Form D
- Jurisdiction: Delaware Feb 12, 2025 Fact Form D
- Jurisdiction: Delaware May 3, 2024 Fact Form D
- Amount sold (Form D): $260M Feb 12, 2025 Fact Form D
- Amount sold (Form D): $0 May 3, 2024 Fact Form D
- Offering amount (Form D): $260M Feb 12, 2025 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Feb 12, 2025 Fact Form D
- Exemptions: 06b, 3C, 3C.7 May 3, 2024 Fact Form D
- First sale: 2024-06-04 Feb 12, 2025 Fact Form D
- Indefinite offering: true May 3, 2024 Fact Form D
- Investors (Form D): 234 Feb 12, 2025 Fact Form D
- Investors (Form D): 0 May 3, 2024 Fact Form D
- Minimum investment (Form D): 50,000 Feb 12, 2025 Fact Form D
- Minimum investment (Form D): 250,000 May 3, 2024 Fact Form D
- Securities offered: pooled Feb 12, 2025 Fact Form D
- Securities offered: pooled May 3, 2024 Fact Form D
- Office address: Feb 12, 2025 Fact Form D
- Office address: May 3, 2024 Fact Form D
- Year of incorporation: 2023 Feb 12, 2025 Fact Form D
- Year of incorporation: 2023 May 3, 2024 Fact Form D
Relationships across DFX
on 3 other DFX graphs
Across the graphs
Rethink Impact III, LP is the same institution as 3 records in RIA and Wealth, Allocators and Family Offices.
RIA and Wealth1Allocators1Family Offices1
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
3 dated events on the change ledger, latest event first
- Fund first reported on ADV2026-07-06source on record
- Form D filed2025-02-12source on record
- Form D filed2024-05-03source 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.