GC Creation Fund III, L.P.

Fundmanaged by General Catalyst· Delaware
Reported gross assets
$720M
Form ADV, Jul 21, 2026
FundraisingEvergreen or indefinite offeringADV: Venture Capital Fund
More
As of · the latest observation of this vehicle; each figure below carries its own filing date

3 additional principals, 3 additional placement agents

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

  1. Form D
    filed

    Latest Form D filed on 11 Dec 2025: no amount sold reported. A Form D amount is what was sold at the filing, never a final close.

    A new or amended Form D means the vehicle is taking money now.

    FactSEC Form DFor LPs, placement agentsFundraising evidence →
  2. 1 LP report
    public disclosures

    1 public LP report name this vehicle; the latest, New York State Common Retirement Fund as of 30 Jun 2026, shows $80M committed.

    A named LP and its own performance figures are the strongest outside read on a fund.

    FactPublic pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)For LPs, fund-of-fundsLimited partners →
  3. 2 agents
    placement

    2 placement agents named on the vehicle's Form D filings.

    A placement agent means the vehicle is marketed to outside LPs.

    FactSEC Form D, sales compensation recipientsFor LPs, service providersPrincipals and agents →
Drawing the relationship network…

Amounts, each with its basis

Vintage
unknownno dated first sale or first report yet
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 021-566563, sworn by the adviser or filed under this vehicle
Form D sold
$0as of the filing of Dec 11, 2025
First sale
unknown
Reported GAV
$720Mon the Form ADV filed Jul 21, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
42
Reported on ADV
unknown

Fundraising evidence

Evergreen or indefinite offering
Form D filed or amended 2025-12-11: offering indefinite, sold $0 (fr-1)
evidence dated Dec 11, 2025.

Lifecycle

Fundraising
Form D within 18 months and the offering is not sold out
first sale: n/avintage year: n/aadv gav as of: Jul 21, 2026vintage basis: n/aform d sold: $0form d offering: n/aform d latest filed at: Dec 11, 2025

The fund's own reporting through time

1 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Jul 21, 2026Venture Capital Fund$720M
42$5.0M2%

Principals and agents

6 principals on Form D, 2 placement agents
  • Hemant Taneja Executive Officer
  • David P. Fialkow Executive Officer
  • GC Partners Creation III, L.P. Executive Officer
  • Goldman Sachs & Co. LLC placement agent
  • Campbell Lutyens & Co. Inc. placement agent

Service providers

6 named on Form ADV Schedule D and Form D

Limited partners and their reported performance

1 public LP report
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
New York State Common Retirement Fund osc.ny.gov2026$80.0MNot disclosedNot disclosedNot disclosednot meaningful yetunknownJun 30, 2026

Known LPs and allocators

2 relationships, public pensions and the allocator graph, each counted once
AllocatorTypeAmountDateSource
New York State Common Retirement FundPUBLIC INSTITUTIONAL POOL$80.0M
committed
committed Jun 30, 2026Fact Pension disclosure
Los Angeles City Employees' Retirement SystemMUNICIPAL RETIREMENT SYSTEM$15.0M
committed
reported as of Sep 8, 2026Fact Board minutes

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
  1. Jul 21, 2026
    GC Creation Fund III, L.P. first reported on Form ADV by General Catalyst (Venture Capital Fund), GAV $720,298,324
    Fund first reported on Form ADV Inference Form ADV
  2. Jun 30, 2026
    NYSCRF commits $80,000,000 to GC Creation Fund III, L.P. (General Catalyst), closed 2026-06-30, existing relationship
    LP commitment closed Fact Pension disclosure
  3. Dec 11, 2025
    GC Creation Fund III, L.P. filed Form D: no sales yet (indefinite offering), Venture Capital Fund
    Form D filed Fact Form D

Evidence

15 observations
Every observation on this vehicle
  • Entity type: Limited Partnership Dec 11, 2025 Fact Form D
  • Form D fund type: Venture Capital Fund Dec 11, 2025 Fact Form D
  • Form D industry group: Pooled Investment Fund Dec 11, 2025 Fact Form D
  • Amendment: false Dec 11, 2025 Fact Form D
  • Revenue range (Form D): Decline to Disclose Dec 11, 2025 Fact Form D
  • Incorporated: withinFiveYears Dec 11, 2025 Fact Form D
  • Jurisdiction: Delaware Dec 11, 2025 Fact Form D
  • Amount sold (Form D): $0 Dec 11, 2025 Fact Form D
  • Exemptions: 06b, 3C, 3C.7 Dec 11, 2025 Fact Form D
  • Indefinite offering: true Dec 11, 2025 Fact Form D
  • Investors (Form D): 0 Dec 11, 2025 Fact Form D
  • Minimum investment (Form D): 0 Dec 11, 2025 Fact Form D
  • Securities offered: pooled Dec 11, 2025 Fact Form D
  • Office address: Dec 11, 2025 Fact Form D
  • Year of incorporation: 2025 Dec 11, 2025 Fact Form D

Relationships across DFX

on 2 other DFX graphs · 10 capital paths
Across the graphs

GC Creation Fund III, L.P. is the same institution as 2 records in RIA and Wealth and Allocators.

RIA and Wealth1Allocators1

DFX found 2 relationships across 2 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.

Checking your plan…

Capital chain

GC Creation Fund III, L.P. sits on 10 traced paths of capital across the graphs.

Allocator to VC fund to manager to company

DFX traced 10 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Record history

3 dated events on the change ledger, latest event first
  • Fund first reported on ADV
    2026-07-21source on record
  • LP commitment made
    2026-06-30source on record
  • Form D filed
    2025-12-11source 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.