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 / SP Ventures Fund 3, LLC

SP Ventures Fund 3, LLC

MatureUnknownFundADV: Private Equity FundStraightpath Management IncNew York
Amounts, each with its basis
Vintage
2019basis: 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
$100Mwhat may be sold, not what was raised; file 021-335435, sworn by the adviser or filed under this vehicle
Form D sold
$550,000as of the filing of Mar 21, 2019, 5 investors
First sale
Mar 4, 2019
Reported GAV
$7.6Mon the Form ADV filed Sep 7, 2021; the fund's assets, never its size or dry powder
Owners (ADV)
99
Reported on ADV
Mar 21, 2019 to Sep 7, 2021
Fundraising evidence
Unknown
latest Form D 2019-03-21, older than 15 months (fr-1)
evidence dated Mar 21, 2019. 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
Mature
vintage 4 to 7 years
age years: 7first sale: 2019-03-04vintage year: $2,019adv gav as of: 2021-09-07vintage basis: form_d_first_saleform d sold usd: $550,000form d offering usd: $100Mform d latest filed at: 2019-03-21
The fund's own reporting through time
19 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 21, 2019Venture Capital Fund$500,000
5$10,000100%yes
Mar 22, 2019Venture Capital Fund$500,000
5$10,000100%yes
May 8, 2019Venture Capital Fund$500,000
5$10,000100%yes
Aug 8, 2019Venture Capital Fund$500,000
5$10,000100%yes
Sep 12, 2019Venture Capital Fund$500,000
5$10,000100%yes
Oct 24, 2019Venture Capital Fund$500,000
5$10,000100%yes
Jan 9, 2020Private Equity Fund$500,000
5$10,000100%yes
Jan 9, 2020Private Equity Fund$500,000
5$10,000100%yes
Feb 13, 2020Private Equity Fund$500,000
5$10,000100%yes
May 1, 2020Private Equity Fund$500,000
5$10,000100%yes
May 6, 2020Private Equity Fund$500,000
5$10,000100%yes
Aug 4, 2020Private Equity Fund$500,000
5$10,000100%yes
Aug 18, 2020Private Equity Fund$500,000
5$10,000100%yes
Jan 13, 2021Private Equity Fund$500,000
5$10,000100%yes
Jan 28, 2021Private Equity Fund$7.6M
99$10,0000%yes
Feb 24, 2021Private Equity Fund$7.6M
99$10,0000%yes
Jun 21, 2021Private Equity Fund$7.6M
99$10,0000%yes
Jun 21, 2021Private Equity Fund$7.6M
99$10,0000%yes
Sep 7, 2021Private Equity Fund$7.6M
99$10,0000%yes
Principals and agents
1 principals on Form D, 4 placement agents
  • Brian 4 Martinsen Director
  • SW Financial placement agent
  • Craft Capital Management LLC placement agent
  • Worden Capital Management placement agent
  • Alere Financial Partners, A division of Cova Capital Partners LLC ("Alere")) placement agent
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
2 events
  1. Mar 21, 2019
    SP Ventures Fund 3, LLC filed Form D: $550,000 sold of $100,000,000, Private Equity Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  2. Mar 21, 2019
    SP Ventures Fund 3, LLC first reported on Form ADV by Straightpath Management Inc (Venture Capital Fund), GAV $500,000
    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)
Evidence
32 observations
Every observation on this vehicle