Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.

Funds / Sovereign's Capital III, LP

Sovereign's Capital III, LP

HarvestUnknownFundADV: Venture Capital FundSovereign's Capital Management, LLCDelaware
Amounts, each with its basis
Vintage
2018basis: 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
$50.0Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by the general partner the adviser swears for this fund, not sworn by the adviser (confidence 0.85); file 021-325910
Form D sold
$28.7Mas of the filing of Jan 24, 2020, 52 investors
First sale
Nov 1, 2018
Reported GAV
$87.6Mon the Form ADV filed Nov 27, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
85
Reported on ADV
Apr 5, 2019 to Nov 27, 2024
Fundraising evidence
Unknown
latest Form D 2020-01-24, older than 15 months (fr-1)
evidence dated Jan 24, 2020. A 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
vintage over 7 years, still reported
age years: 8first sale: 2018-11-01vintage year: $2,018adv gav as of: 2024-11-27vintage basis: form_d_first_saleform d sold usd: $28.7Mform d offering usd: $50.0Mform d latest filed at: 2020-01-24
The fund's own reporting through time
18 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Apr 5, 2019Venture Capital Fund$20.3M
26$500,0003%yes
Apr 5, 2019Venture Capital Fund$20.3M
26$500,0003%yes
Mar 17, 2020Venture Capital Fund$29.9M
26$500,0001%yes
Mar 19, 2021Venture Capital Fund$59.5M
26$500,0001%yes
Mar 31, 2022Venture Capital Fund$72.6M
83$500,0002%yes
May 20, 2022Venture Capital Fund$72.6M
83$500,0002%yes
Jun 30, 2022Venture Capital Fund$70.3M
84$500,0002%yes
Sep 15, 2022Venture Capital Fund$70.3M
84$500,0002%yes
Jan 3, 2023Venture Capital Fund$70.3M
84$500,0002%yes
Jan 17, 2023Venture Capital Fund$70.3M
84$500,0002%yes
Mar 30, 2023Venture Capital Fund$73.0M
85$500,0002%yes
Apr 28, 2023Venture Capital Fund$73.0M
85$500,0002%yes
Jul 18, 2023Venture Capital Fund$73.0M
85$500,0002%yes
Sep 29, 2023Venture Capital Fund$73.0M
85$500,0002%yes
Mar 28, 2024Venture Capital Fund$87.6M
85$500,0003%yes
May 16, 2024Venture Capital Fund$87.6M
85$500,0003%yes
Jul 12, 2024Venture Capital Fund$87.6M
85$500,0003%yes
Nov 27, 2024Venture Capital Fund$87.6M
85$500,0003%yes
Principals and agents
2 principals on Form D, 0 placement agents
Limited partners and their reported performance
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.
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
  1. Mar 31, 2020
    Sovereign's Capital III, LP filed Form D/A: $39,872,000 sold of $50,000,000, Private Equity Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  2. Jan 24, 2020
    Sovereign's Capital III, LP filed Form D/A: $28,685,000 sold of $50,000,000, Private Equity Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Apr 5, 2019
    Sovereign's Capital III, LP first reported on Form ADV by Sovereign's Capital Management, LLC (Venture Capital Fund), GAV $20,334,000
    Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  4. Nov 15, 2018
    Sovereign's Capital III, LP filed Form D: $20,210,000 sold of $50,000,000, Private Equity Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
48 observations
Every observation on this vehicle