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 / PVP Fund Iii-A, L.P.

PVP Fund Iii-A, L.P.

MatureClosed to new capitalFeeder or parallelADV: Venture Capital FundPrimary VenturesDelaware
Amounts, each with its basis
Vintage
2020basis: 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
$30.5Mwhat may be sold, not what was raised; file 021-390247, sworn by the adviser or filed under this vehicle
Form D sold
$30.5Mas of the filing of Feb 23, 2021, 2 investors
First sale
Sep 30, 2020
Reported GAV
$32.2Mon the Form ADV filed Mar 26, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
2
Reported on ADV
Mar 29, 2021 to Mar 26, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2021-02-23: the stated $30.5M offering reported fully sold (fr-1)
evidence dated Feb 23, 2021. 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: 6first sale: 2020-09-30vintage year: $2,020adv gav as of: 2024-03-26vintage basis: form_d_first_saleform d sold usd: $30.5Mform d offering usd: $30.5Mform d latest filed at: 2021-02-23
The fund's own reporting through time
5 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 29, 2021Venture Capital Fund$30.3M
2$100,0002%no
Mar 30, 2022Venture Capital Fund$29.9M
2$100,0002%no
Mar 29, 2023Venture Capital Fund$29.9M
2$100,0002%no
Jul 24, 2023Venture Capital Fund$29.9M
2$100,0002%no
Mar 26, 2024Venture Capital Fund$32.2M
2$100,0002%yes
Principals and agents
4 principals on Form D, 0 placement agents
Limited partners and their reported performance
1 public LP report
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
New York State Common Retirement Fund osc.ny.gov2020$30.0M$26.8M$20,144$34.7Mnot meaningful yet1.3xMar 31, 2025

Each 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).

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
  1. Mar 31, 2025
    NYSCRF reports PVP Fund III-A, LP: $30,000,000 committed, vintage 2020
    LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  2. Mar 29, 2021
    PVP Fund Iii-A, L.P. first reported on Form ADV by Primary Ventures (Venture Capital Fund), GAV $30,273,239
    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)
  3. Feb 23, 2021
    PVP Fund III-A, L.P. filed Form D: $30,456,853 sold of $30,456,853, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle