DFX Intelligence
BY Capital 3 Gmbh & Co. Kg
As of · the latest observation of this vehicle; each figure below carries its own filing date
Early deploymentFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional principal, 2 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
- -65%reported GAV
Reported gross assets fell from $172M to $59.3M between the Form ADV filings of 26 Jun 2024 and 11 May 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
- 2024basis: 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
- $188Mwhat may be sold, not what was raised; file 021-437906, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Mar 18, 2022
- First sale
- unknown
- Reported GAV
- $59.3Mon the Form ADV filed May 11, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 26
- Reported on ADV
- Jun 26, 2024 to May 11, 2026
- Structure
- master
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 2022-03-18, older than 15 months (fr-1)
evidence dated Mar 18, 2022.
Lifecycle
Early deployment
Lifecycle
vintage within 2 years
age years: 2first sale: n/avintage year: 2024adv gav as of: May 11, 2026vintage basis: ADV first reportedform d sold: $0form d offering: $188Mform d latest filed at: Mar 18, 2022
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2024 | Other Private Fund | $173M | 26 | $221,000 | 1% | yes | |
| May 14, 2024 | Other Private Fund | $173M | 26 | $221,000 | 1% | yes | |
| Jun 26, 2024 | Venture Capital Fund | $172M | 26 | $216,220 | 1% | yes | |
| May 11, 2026 | Venture Capital Fund | $59.3M | 26 | $235,000 | 1% |
Principals and agents
4 principals on Form D, 0 placement agents
- Jason Whitmire Director
- Ciaran O'Leary Director
- BY Capital 3 GP GmbH Executive Officer
Service providers
5 named on Form ADV Schedule D and Form D
- AuditorKPMG · MUNICH, GermanyForm ADV filed May 11, 2026 reports.adviserinfo.sec.gov
- AdministratorApex Group · HAMBURG, GermanyForm ADV filed May 11, 2026 reports.adviserinfo.sec.gov
- CustodianUNICREDIT BANK AG · MUNICH, GermanyForm ADV filed May 11, 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
- Mar 19, 2025Administrator changed: Apex Group replaced MOLA-ADMINISTRATION GMBH, first reported on the Form ADV filed March 19, 2025 (previous filing June 26, 2024)Administrator changed Fact Form ADV
- Mar 29, 2024BY Capital 3 Gmbh & Co. Kg first reported on Form ADV by Blue Yard Capital (Other Private Fund), GAV $173,240,234Fund first reported on Form ADV Fact Form ADV
- Mar 18, 2022BY Capital 3 GmbH & Co. KG filed Form D: no sales yet of $188,096,500, Venture Capital FundForm D filed Fact Form D
Evidence
14 observations
Every observation on this vehicle
- Entity type: Other Mar 18, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Mar 18, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 18, 2022 Fact Form D
- Amendment: false Mar 18, 2022 Fact Form D
- Revenue range (Form D): Decline to Disclose Mar 18, 2022 Fact Form D
- Incorporated: yetToBeFormed Mar 18, 2022 Fact Form D
- Jurisdiction: Germany Mar 18, 2022 Fact Form D
- Amount sold (Form D): $0 Mar 18, 2022 Fact Form D
- Offering amount (Form D): $188M Mar 18, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Mar 18, 2022 Fact Form D
- Investors (Form D): 0 Mar 18, 2022 Fact Form D
- Minimum investment (Form D): 0 Mar 18, 2022 Fact Form D
- Securities offered: pooled Mar 18, 2022 Fact Form D
- Office address: Mar 18, 2022 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
BY Capital 3 Gmbh & Co. Kg 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 ADV2024-03-29source on record
- Form D filed2022-03-18source 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.