DFX Intelligence
Wavemaker Partners III LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
HarvestFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional principal
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
- -17%reported GAV
Reported gross assets fell from $67.3M to $55.9M between the Form ADV filings of 28 Mar 2024 and 16 Sep 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
- 2014basis: 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
- $45.0Mwhat may be sold, not what was raised; file 021-225464, sworn by the adviser or filed under this vehicle
- Form D sold
- $22.1Mas of the filing of Sep 29, 2014, 24 investors
- First sale
- Sep 15, 2014
- Reported GAV
- $55.9Mon the Form ADV filed Sep 16, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 59
- Reported on ADV
- Jul 25, 2023 to Sep 16, 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 2014-09-29, older than 15 months (fr-1)
evidence dated Sep 29, 2014.
Lifecycle
Harvest
Lifecycle
vintage over 7 years, still reported
age years: 12first sale: Sep 15, 2014vintage year: 2014adv gav as of: Sep 16, 2026vintage basis: Form d first saleform d sold: $22.1Mform d offering: $45.0Mform d latest filed at: Sep 29, 2014
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jan 23, 2020 | Venture Capital Fund | $64.1M | 54 | $250,000 | 30% | yes | |
| Jul 25, 2023 | Venture Capital Fund | $19.4M | 55 | $250,000 | 6% | yes | |
| Aug 9, 2023 | Venture Capital Fund | $73.6M | 55 | $250,000 | 6% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $67.3M | 56 | $250,000 | 6% | yes | |
| Sep 16, 2026 | Venture Capital Fund | $55.9M | 59 | $250,000 | 6% |
Principals and agents
4 principals on Form D, 0 placement agents
- Eric Manlunas Executive Officer
- Wavemaker Partners, LLC Director
- Paul Santos Executive Officer
Service providers
2 named on Form ADV Schedule D and Form D
- AuditorBURR PILGER MAYER · WALNUT CREEK, California, United StatesForm ADV filed Sep 16, 2026 reports.adviserinfo.sec.gov
- AdministratorEMILY AH-SING · LOS ANGELES, California, United StatesForm ADV filed Sep 16, 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
2 events
- Jan 23, 2020Wavemaker Partners III LP first reported on Form ADV by Wavemaker Management, LLC (Venture Capital Fund), GAV $64,119,669Fund first reported on Form ADV Fact Form ADV
- Sep 29, 2014Wavemaker Partners III, L.P. filed Form D: $22,100,000 sold of $45,000,000, Pooled Investment FundForm D filed Fact Form D
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Sep 29, 2014 Fact Form D
- Form D industry group: Investing Sep 29, 2014 Fact Form D
- Amendment: false Sep 29, 2014 Fact Form D
- Revenue range (Form D): Decline to Disclose Sep 29, 2014 Fact Form D
- Incorporated: withinFiveYears Sep 29, 2014 Fact Form D
- Jurisdiction: Delaware Sep 29, 2014 Fact Form D
- Amount sold (Form D): $22.1M Sep 29, 2014 Fact Form D
- Offering amount (Form D): $45.0M Sep 29, 2014 Fact Form D
- Exemptions: 06b Sep 29, 2014 Fact Form D
- First sale: 2014-09-15 Sep 29, 2014 Fact Form D
- Investors (Form D): 24 Sep 29, 2014 Fact Form D
- Minimum investment (Form D): 0 Sep 29, 2014 Fact Form D
- Securities offered: pooled Sep 29, 2014 Fact Form D
- Office address: Sep 29, 2014 Fact Form D
- Year of incorporation: 2014 Sep 29, 2014 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Wavemaker Partners III LP 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 identity changes, 2 dated events on the change ledger, latest event first
- Event retracted2026-10-01
- Event retracted2026-10-01
- Fund first reported on ADV2020-01-23source on record
+1 more change on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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.