DFX Intelligence
Mayfield Select III, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
FundraisingFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
3 additional placement agents, 2 events
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
- 3 LP reportspublic disclosures
3 public LP reports name this vehicle; the latest, Oregon Public Employees Retirement Fund as of 31 Mar 2026, shows $25.3M committed and 1.16x (the LP's own figures).
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 → - +49%reported GAV
Reported gross assets rose from $375M to $558M between the Form ADV filings of 19 Aug 2024 and 5 Aug 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
- 2023basis: 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
- indefinitewhat may be sold, not what was raised; file 021-481042, sworn by the adviser or filed under this vehicle
- Form D sold
- $550Mas of the filing of May 9, 2025, 78 investors
- First sale
- May 1, 2023
- Reported GAV
- $558Mon the Form ADV filed Aug 5, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 84
- Reported on ADV
- Feb 28, 2024 to Aug 5, 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 2025-05-09, older than 15 months (fr-1)
evidence dated May 9, 2025.
Lifecycle
Fundraising
Lifecycle
Form D within 18 months and the offering is not sold out
first sale: May 1, 2023vintage year: 2023adv gav as of: Aug 5, 2026vintage basis: Form d first saleform d sold: $550Mform d offering: n/aform d latest filed at: May 9, 2025
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Feb 28, 2024 | Venture Capital Fund | $375M | 81 | $500,000 | 1% | yes | |
| Apr 5, 2024 | Venture Capital Fund | $375M | 81 | $500,000 | 1% | yes | |
| Aug 19, 2024 | Venture Capital Fund | $375M | 81 | $500,000 | 1% | yes | |
| Aug 5, 2026 | Venture Capital Fund | $558M | 84 | $500,000 | 3% |
Principals and agents
2 principals on Form D, 0 placement agents
- General Partner Mayfield Select III Management, L.L.C. Promoter
- Navin Chaddha Promoter
Service providers
6 named on Form ADV Schedule D and Form D
- AuditorBDO · SAN FRANCISCO, California, United StatesForm ADV filed Aug 5, 2026 reports.adviserinfo.sec.gov
- CustodianBank of America · SAN FRANCISCO, California, United StatesForm ADV filed Aug 5, 2026 reports.adviserinfo.sec.gov
- CustodianHSBC · BUFFALO, New York, United StatesForm ADV filed Aug 5, 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).3 public LP reports
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Oregon Public Employees Retirement Fund oregon.gov | 2025 | $25.3M | $7.6M | $0 | $8.8M | not meaningful yet | 1.2x | Mar 31, 2026 |
| Los Angeles City Employees' Retirement System lacers.org | 2025 | Not disclosed | Not disclosed | Not disclosed | Not disclosed | not meaningful yet | 1.1x | Dec 31, 2025 |
| Los Angeles City Employees' Retirement System lacers.org | 2023 | $5.0M | Not disclosed | Not disclosed | Not disclosed | not meaningful yet | unknown | Apr 24, 2023 |
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.3 relationships, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Oregon Public Employees Retirement Fund | PUBLIC INSTITUTIONAL POOL | $25.3M committed | reported as of Mar 31, 2026 | Fact Pension disclosure |
| Orange County Employees Retirement System | PUBLIC PENSION | $17.5M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
| Los Angeles City Employees' Retirement System | MUNICIPAL RETIREMENT SYSTEM | amount not disclosed | reported as of Dec 31, 2025 | Fact Pension disclosure |
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
7 events
- Mar 31, 2026OPERF reports Mayfield Select III: $25,300,000 committed, vintage 2025LP commitment disclosed Fact Pension disclosure
- Mar 31, 2026OPERF reports Mayfield Select III: $25,300,000 committed, vintage 2025LP commitment disclosed Fact Pension disclosure
- Dec 31, 2025LACERS reports Mayfield Select III: an undisclosed amount committed, vintage 2025LP commitment disclosed Fact Pension disclosure
- May 9, 2025Mayfield Select III, a Delaware Limited Partnership filed Form D/A: $550,000,000 sold (indefinite offering), Venture Capital FundForm D filed Fact Form D
- Feb 28, 2024Mayfield Select III, L.P. first reported on Form ADV by Mayfield Fund, L.L.C., a Delaware Limited Liability Company (Venture Capital Fund), GAV $375,000,000Fund first reported on Form ADV Fact Form ADV
Evidence
32 observations
Every observation on this vehicle
- Entity type: Limited Partnership May 9, 2025 Fact Form D
- Entity type: Limited Partnership May 8, 2023 Fact Form D
- Form D fund type: Venture Capital Fund May 9, 2025 Fact Form D
- Form D fund type: Venture Capital Fund May 8, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund May 9, 2025 Fact Form D
- Form D industry group: Pooled Investment Fund May 8, 2023 Fact Form D
- Amendment: true May 9, 2025 Fact Form D
- Amendment: false May 8, 2023 Fact Form D
- Revenue range (Form D): Decline to Disclose May 9, 2025 Fact Form D
- Revenue range (Form D): Decline to Disclose May 8, 2023 Fact Form D
- Incorporated: withinFiveYears May 9, 2025 Fact Form D
- Incorporated: withinFiveYears May 8, 2023 Fact Form D
- Jurisdiction: Delaware May 9, 2025 Fact Form D
- Jurisdiction: Delaware May 8, 2023 Fact Form D
- Amount sold (Form D): $550M May 9, 2025 Fact Form D
- Amount sold (Form D): $375M May 8, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.7 May 9, 2025 Fact Form D
- Exemptions: 06b, 3C, 3C.7 May 8, 2023 Fact Form D
- First sale: 2023-05-01 May 9, 2025 Fact Form D
- First sale: 2023-05-01 May 8, 2023 Fact Form D
- Indefinite offering: true May 9, 2025 Fact Form D
- Indefinite offering: true May 8, 2023 Fact Form D
- Investors (Form D): 78 May 9, 2025 Fact Form D
- Investors (Form D): 74 May 8, 2023 Fact Form D
- Minimum investment (Form D): 0 May 9, 2025 Fact Form D
- Minimum investment (Form D): 0 May 8, 2023 Fact Form D
- Securities offered: pooled May 9, 2025 Fact Form D
- Securities offered: pooled May 8, 2023 Fact Form D
- Office address: May 9, 2025 Fact Form D
- Office address: May 8, 2023 Fact Form D
- Year of incorporation: 2023 May 9, 2025 Fact Form D
- Year of incorporation: 2023 May 8, 2023 Fact Form D
Relationships across DFX
on 2 other DFX graphs · 15 capital paths
Across the graphs
Mayfield Select III, L.P. is the same institution as 2 records in Allocators and RIA and Wealth.
Allocators1RIA and Wealth1
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
Mayfield Select III, L.P. sits on 15 traced paths of capital across the graphs.
Allocator to VC fund to manager to company
DFX traced 15 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
7 dated events on the change ledger, latest event first
- LP commitment disclosed2026-03-31source on record
- LP commitment disclosed2026-03-31source on record
- LP commitment disclosed2025-12-31source on record
+4 more changes 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.