DFX Intelligence
Nexus Ventures III, Ltd
As of · the latest observation of this vehicle; each figure below carries its own filing date
UnknownFundraising 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
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
- -11%reported GAV
Reported gross assets fell from $1.51B to $1.35B between the Form ADV filings of 22 Mar 2024 and 25 Mar 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
- 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
- indefinitewhat may be sold, not what was raised; file 021-169225, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Nov 23, 2011
- First sale
- unknown
- Reported GAV
- $1.3Bon the Form ADV filed Mar 25, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 43
- Reported on ADV
- Nov 21, 2022 to Mar 25, 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 2011-11-23, older than 15 months (fr-1)
evidence dated Nov 23, 2011.
Lifecycle
Unknown
Lifecycle
no vintage and no recent Form D
first sale: n/avintage year: n/aadv gav as of: Mar 25, 2026vintage basis: n/aform d sold: $0form d offering: n/aform d latest filed at: Nov 23, 2011
The fund's own reporting through time
19 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2012 | Venture Capital Fund | $0 | 38 | $5.0M | 9% | no | |
| Oct 23, 2012 | Venture Capital Fund | $0 | 38 | $5.0M | 9% | no | |
| May 8, 2013 | Venture Capital Fund | $20.6M | 43 | $5.0M | 9% | yes | |
| Jan 3, 2014 | Venture Capital Fund | $20.6M | 43 | $5.0M | 9% | yes | |
| Feb 11, 2014 | Venture Capital Fund | $59.3M | 43 | $5.0M | 9% | yes | |
| Mar 31, 2015 | Venture Capital Fund | $152M | 43 | $5.0M | 9% | yes | |
| Mar 15, 2016 | Venture Capital Fund | $336M | 43 | $5.0M | 9% | yes | |
| Mar 21, 2017 | Venture Capital Fund | $325M | 43 | $5.0M | 9% | yes | |
| Mar 27, 2018 | Venture Capital Fund | $370M | 43 | $5.0M | 9% | yes | |
| Mar 15, 2019 | Venture Capital Fund | $469M | 42 | $5.0M | 10% | yes | |
| Feb 25, 2020 | Venture Capital Fund | $507M | 42 | $5.0M | 10% | yes | |
| Mar 22, 2021 | Venture Capital Fund | $775M | 42 | $5.0M | 10% | yes | |
| May 7, 2021 | Venture Capital Fund | $775M | 42 | $5.0M | 10% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $269M | 42 | $5.0M | 10% | yes | |
| Nov 7, 2022 | Venture Capital Fund | $269M | 42 | $5.0M | 10% | yes | |
| Nov 21, 2022 | Venture Capital Fund | $1.9B | 42 | $5.0M | 10% | yes | |
| Mar 13, 2023 | Venture Capital Fund | $1.4B | 42 | $5.0M | 10% | yes | |
| Mar 22, 2024 | Venture Capital Fund | $1.5B | 43 | $5.0M | 10% | yes | |
| Mar 25, 2026 | Venture Capital Fund | $1.3B | 43 | $5.0M | 10% |
Principals and agents
1 principal on Form D, 0 placement agents
- Class a Shareholder Nexus Ventures Management III, Ltd. Promoter
Service providers
6 named on Form ADV Schedule D and Form D
- AuditorKPMG · EBENE, MauritiusForm ADV filed Mar 25, 2026 reports.adviserinfo.sec.gov
- AdministratorIQ-EQ · PORT LOUIS, MauritiusForm ADV filed Mar 25, 2026 reports.adviserinfo.sec.gov
- CustodianSBM BANK (MAURITIUS) LTD · PORT LOUIS, MauritiusForm ADV filed Mar 25, 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.1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Carnegie Corporation of New York | FOUNDATION | $19.2M fair value on the foundation's return | reported as of Sep 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
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
- Feb 25, 2020Administrator changed: IQ-EQ replaced SGG FUND SERVICES (MAURITIUS) LTD, first reported on the Form ADV filed February 25, 2020 (previous filing March 15, 2019)Administrator changed Fact Form ADV
- Mar 29, 2012Nexus Ventures III, Ltd first reported on Form ADV by Nexus India Advisory Services (Venture Capital Fund)Fund first reported on Form ADV Fact Form ADV
- Nov 23, 2011Nexus Ventures III, Ltd. filed Form D: no sales yet (indefinite offering), Venture Capital FundForm D filed Fact Form D
Evidence
14 observations
Every observation on this vehicle
- Entity type: Other Nov 23, 2011 Fact Form D
- Form D fund type: Venture Capital Fund Nov 23, 2011 Fact Form D
- Form D industry group: Pooled Investment Fund Nov 23, 2011 Fact Form D
- Amendment: false Nov 23, 2011 Fact Form D
- Revenue range (Form D): Decline to Disclose Nov 23, 2011 Fact Form D
- Incorporated: yetToBeFormed Nov 23, 2011 Fact Form D
- Jurisdiction: Nov 23, 2011 Fact Form D
- Amount sold (Form D): $0 Nov 23, 2011 Fact Form D
- Exemptions: 06, 3C, 3C.1, 3C.7 Nov 23, 2011 Fact Form D
- Indefinite offering: true Nov 23, 2011 Fact Form D
- Investors (Form D): 0 Nov 23, 2011 Fact Form D
- Minimum investment (Form D): 0 Nov 23, 2011 Fact Form D
- Securities offered: pooled Nov 23, 2011 Fact Form D
- Office address: Nov 23, 2011 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Nexus Ventures III, Ltd is the same institution as 2 records in RIA and Wealth and Allocators.
RIA and Wealth1Allocators1
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…
Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2012-03-29source on record
- Form D filed2011-11-23source on record
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.