Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.

Funds / Pearl Energy Investments III, LP

Pearl Energy Investments III, LP

MatureUnknownFundADV: Venture Capital FundPearl Energy Investment Management III, LLCDelaware
Amounts, each with its basis
Vintage
2021basis: 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 021-424002, sworn by the adviser or filed under this vehicle
Form D sold
$477Mas of the filing of Dec 12, 2022, 26 investors
First sale
Dec 8, 2021
Reported GAV
$655Mon the Form ADV filed Apr 12, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
38
Reported on ADV
Nov 18, 2022 to Apr 12, 2024
Fundraising evidence
Unknown
latest Form D 2022-12-12, older than 15 months (fr-1)
evidence dated Dec 12, 2022. A 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.
Lifecycle
Mature
vintage 4 to 7 years
age years: 5first sale: 2021-12-08vintage year: $2,021adv gav as of: 2024-04-12vintage basis: form_d_first_saleform d sold usd: $477Mform d offering usd: n/aform d latest filed at: 2022-12-12
The fund's own reporting through time
6 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 31, 2022Venture Capital Fund$413M
26$5.0M5%yes
Nov 18, 2022Venture Capital Fund$423M
26$5.0M6%yes
Mar 29, 2023Venture Capital Fund$475M
38$5.0M5%yes
May 3, 2023Venture Capital Fund$475M
38$5.0M5%yes
Mar 28, 2024Venture Capital Fund$655M
38$5.0M5%yes
Apr 12, 2024Venture Capital Fund$655M
38$5.0M5%yes
Principals and agents
3 principals on Form D, 1 placement agents
Limited partners and their reported performance
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.
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
  1. Dec 12, 2022
    Pearl Energy Investments III, L.P. filed Form D/A: $476,700,000 sold (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  2. Nov 18, 2022
    Pearl Energy Investments III, LP no longer reported on Form ADV by Pearl Energy Investment Management, LLC
    Fund no longer reported Inference SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  3. Mar 31, 2022
    Pearl Energy Investments III, LP first reported on Form ADV by Pearl Energy Investment Management, LLC (Venture Capital Fund), GAV $412,600,000
    Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  4. Dec 7, 2021
    Pearl Energy Investments III, L.P. filed Form D: no sales yet (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle