DFX Intelligence
Transformation Capital Executive Fund III, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
2 additional principals, 1 additional placement agent
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- +45%reported GAV
Reported gross assets rose from $9.22M to $13.4M between the Form ADV filings of 26 Feb 2024 and 20 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
- 2023basis: adv first reported
- 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
- indefinitewhat may be sold, not what was raised; file 021-439746, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Mar 31, 2022
- First sale
- unknown
- Reported GAV
- $13.4Mon the Form ADV filed Mar 20, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 54
- Reported on ADV
- Mar 2, 2023 to Mar 20, 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.Unknown
latest Form D 2022-03-31, older than 15 months (fr-1)
evidence dated Mar 31, 2022.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 3first sale: n/avintage year: 2023adv gav as of: Mar 20, 2026vintage basis: ADV first reportedform d sold: $0form d offering: n/aform d latest filed at: Mar 31, 2022
The fund's own reporting through time
3 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 2, 2023 | Venture Capital Fund | $10.0M | 54 | $25,000 | 0% | no | |
| Feb 26, 2024 | Venture Capital Fund | $9.2M | 54 | $25,000 | 0% | no | |
| Mar 20, 2026 | Venture Capital Fund | $13.4M | 54 | $25,000 | 0% |
Principals and agents
5 principals on Form D, 0 placement agents
- Todd Cozzens Executive Officer
- Transformation Capital Fund III GP, LLC Executive Officer
- Michael Dixon Executive Officer
Service providers
4 named on Form ADV Schedule D and Form D
- AdministratorULTIMUS LEVERPOINT MANAGEMENT, LLC · NEW YORK, New York, United StatesForm ADV filed Mar 20, 2026 reports.adviserinfo.sec.gov
- CustodianFirst Citizens Bank · SAN FRANCISCO, California, United StatesForm ADV filed Mar 20, 2026 reports.adviserinfo.sec.gov
- CustodianJPMorgan · NEW YORK, New York, United StatesForm ADV filed Mar 20, 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
3 events
- Feb 26, 2024Custodian changed: STIFEL BANK replaced Silicon Valley Bank, first reported on the Form ADV filed February 26, 2024 (previous filing March 2, 2023)Custodian changed Fact Form ADV
- Mar 2, 2023Transformation Capital Executive Fund III, L.P. first reported on Form ADV by Transformation Capital (Venture Capital Fund), GAV $9,980,000Fund first reported on Form ADV Fact Form ADV
- Mar 31, 2022Transformation Capital Executive Fund III, L.P. filed Form D: no sales yet (indefinite offering), Venture Capital FundForm D filed Fact Form D
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Mar 31, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Mar 31, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 31, 2022 Fact Form D
- Amendment: false Mar 31, 2022 Fact Form D
- Revenue range (Form D): Decline to Disclose Mar 31, 2022 Fact Form D
- Incorporated: withinFiveYears Mar 31, 2022 Fact Form D
- Jurisdiction: Delaware Mar 31, 2022 Fact Form D
- Amount sold (Form D): $0 Mar 31, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Mar 31, 2022 Fact Form D
- Indefinite offering: true Mar 31, 2022 Fact Form D
- Investors (Form D): 0 Mar 31, 2022 Fact Form D
- Minimum investment (Form D): 0 Mar 31, 2022 Fact Form D
- Securities offered: pooled Mar 31, 2022 Fact Form D
- Office address: Mar 31, 2022 Fact Form D
- Year of incorporation: 2022 Mar 31, 2022 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Transformation Capital Executive Fund III, L.P. 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 ADV2023-03-02source on record
- Form D filed2022-03-31source 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.