DFX Intelligence
Wavecrest Growth Partners III, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
FundraisingActive offering evidenceADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
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.
Nothing material in the last 365 days. Last change: 29 Jul 2025, Latest Form D filed on 29 Jul 2025: no amount sold reported of $450M offered. A Form D amount is what was sold at the filing, never a final close.
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
- $450Mwhat may be sold, not what was raised; file 021-553113, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Jul 29, 2025
- First sale
- unknown
- Reported GAV
- $453Mon the Form ADV filed Mar 19, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 83
- Reported on ADV
- unknown
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.Active offering evidence
Form D filed or amended 2025-07-29: sold $0 of a stated $450.0M offering (fr-1)
evidence dated Jul 29, 2025.
Lifecycle
Fundraising
Lifecycle
Form D within 18 months and the offering is not sold out
first sale: n/avintage year: n/aadv gav as of: Mar 19, 2026vintage basis: n/aform d sold: $0form d offering: $450Mform d latest filed at: Jul 29, 2025
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 19, 2026 | Venture Capital Fund | $453M | 83 | $400,000 | 2% |
Principals and agents
3 principals on Form D, 0 placement agents
- Vaibhav Nalwaya Executive Officer
- Wavecrest Growth Partners III GP, LLC Executive Officer
- Deepak Sindwani Executive Officer
Service providers
5 named on Form ADV Schedule D and Form D
- AuditorRSM · BOSTON, Massachusetts, United StatesForm ADV filed Mar 19, 2026 reports.adviserinfo.sec.gov
- AdministratorBROADSCOPE FUND ADMINISTRATORS · PARAMUS, New Jersey, United StatesForm ADV filed Mar 19, 2026 reports.adviserinfo.sec.gov
- AdministratorBROADSCOPE FUND ADMINISTRATORS · PARAMUS, New Jersey, United StatesForm ADV filed Mar 19, 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
4 events
- Mar 19, 2026Wavecrest Growth Partners III Founders Fund, L.P. first reported on Form ADV by Wavecrest Management Company, LLC (Venture Capital Fund), GAV $6,122,449Fund first reported on Form ADV Inference Form ADV
- Mar 19, 2026Wavecrest Growth Partners III, L.P. first reported on Form ADV by Wavecrest Management Company, LLC (Venture Capital Fund), GAV $453,061,224Fund first reported on Form ADV Inference Form ADV
- Jul 29, 2025Wavecrest Management Company, LLC filed the first Form D for Wavecrest Growth Partners III, L.P. (fund 3), its next fund after Wavecrest Growth Partners II Founders Fund, L.P. (vintage 2021); offering $450.0MFund next filed Inference
- Jul 29, 2025Wavecrest Growth Partners III, L.P. filed Form D: no sales yet of $450,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jul 29, 2025 Fact Form D
- Form D fund type: Venture Capital Fund Jul 29, 2025 Fact Form D
- Form D industry group: Pooled Investment Fund Jul 29, 2025 Fact Form D
- Amendment: false Jul 29, 2025 Fact Form D
- Revenue range (Form D): Not Applicable Jul 29, 2025 Fact Form D
- Incorporated: withinFiveYears Jul 29, 2025 Fact Form D
- Jurisdiction: Delaware Jul 29, 2025 Fact Form D
- Amount sold (Form D): $0 Jul 29, 2025 Fact Form D
- Offering amount (Form D): $450M Jul 29, 2025 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Jul 29, 2025 Fact Form D
- Investors (Form D): 0 Jul 29, 2025 Fact Form D
- Minimum investment (Form D): 0 Jul 29, 2025 Fact Form D
- Securities offered: pooled Jul 29, 2025 Fact Form D
- Office address: Jul 29, 2025 Fact Form D
- Year of incorporation: 2025 Jul 29, 2025 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Wavecrest Growth Partners III, L.P. is the same institution as 2 records in RIA and Wealth.
RIA and Wealth2
DFX found 2 relationships across 1 dataset
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…
Record history
1 identity change, 3 dated events on the change ledger, latest event first
- Merged in2026-09-30
- Fund first reported on ADV2026-03-19source on record
- Fund first reported on ADV2026-03-19source 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.