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Funds / T••• C•••••• V••••••• I••• L•• • S••••• 1•

T••• C•••••• V••••••• I••• L•• • S••••• 1•

MatureUnknownFundADV: Venture Capital FundC•••••• P••••••• L••Delaware
Amounts, each with its basis
Vintage
2019basis: 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
$25.0Mwhat may be sold, not what was raised; file 021-336830, sworn by the adviser or filed under this vehicle
Form D sold
$900,000as of the filing of Apr 9, 2019, 7 investors
First sale
Mar 25, 2019
Reported GAV
$27.9Mon the Form ADV filed Sep 26, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
27
Reported on ADV
Jul 17, 2023 to Sep 26, 2024
Fundraising evidence
Unknown
latest Form D 2019-04-09, older than 15 months (fr-1)
evidence dated Apr 9, 2019. 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: 7first sale: 2019-03-25vintage year: $2,019adv gav as of: 2024-09-26vintage basis: form_d_first_saleform d sold usd: $900,000form d offering usd: $25.0Mform d latest filed at: 2019-04-09
The fund's own reporting through time
22 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Apr 1, 2020Venture Capital Fund$6.9M
24$50,0000%no
May 5, 2020Venture Capital Fund$6.9M
24$50,0000%no
May 20, 2020Venture Capital Fund$6.9M
24$50,0000%no
Jun 30, 2020Venture Capital Fund$6.9M
24$50,0000%no
Jul 24, 2020Venture Capital Fund$6.9M
24$50,0000%no
Mar 11, 2021Venture Capital Fund$6.9M
24$50,0000%no
Mar 26, 2021Venture Capital Fund$9.5M
25$50,0000%no
Mar 29, 2021Venture Capital Fund$9.5M
25$50,0000%no
Oct 14, 2021Venture Capital Fund$9.5M
25$50,0000%no
Oct 22, 2021Venture Capital Fund$9.5M
25$50,0000%no
Mar 30, 2022Venture Capital Fund$25.9M
26$50,0000%no
Apr 20, 2022Venture Capital Fund$25.9M
26$50,0000%no
Apr 25, 2022Venture Capital Fund$25.9M
26$50,0000%no
Apr 29, 2022Venture Capital Fund$25.9M
26$50,0000%no
Jun 30, 2022Venture Capital Fund$25.9M
26$50,0000%no
Nov 10, 2022Venture Capital Fund$25.9M
26$50,0000%no
Mar 30, 2023Venture Capital Fund$29.4M
26$50,0000%yes
Apr 30, 2023Venture Capital Fund$29.4M
26$50,0000%yes
Jul 17, 2023Venture Capital Fund$29.4M
26$50,0000%yes
Mar 27, 2024Venture Capital Fund$27.9M
27$50,0000%yes
May 30, 2024Venture Capital Fund$27.9M
27$50,0000%yes
Sep 26, 2024Venture Capital Fund$27.9M
27$50,0000%yes
Principals and agents
1 principals on Form D, 0 placement agents
  • • T••• C•••••• V••••••• I•• M••••••••• L•• Director
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
2 events
  1. Apr 1, 2020
    True Capital Ventures III, LLC - Series 1 first reported on Form ADV by True Capital Management (Venture Capital Fund), GAV $6,872,421
  2. Apr 9, 2019
    True Capital Ventures III, LLC - Series 1 filed Form D: $900,000 sold of $25,000,000, Other Investment Fund
Evidence
30 observations
Every observation on this vehicle