DFX Intelligence
Softtech Vc III, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
HarvestClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional placement agent, 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
- 1 LP reportpublic disclosures
1 public LP report name this vehicle; the latest, San Diego City Employees' Retirement System as of 31 Mar 2026, shows $10M committed and net IRR 20.2%, 4.37x (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 →
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2010basis: 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
- $55.0Mwhat may be sold, not what was raised; file 021-153045, sworn by the adviser or filed under this vehicle
- Form D sold
- $55.0Mas of the filing of Jan 26, 2012, 53 investors
- First sale
- Dec 23, 2010
- Reported GAV
- $83.7Mon the Form ADV filed Mar 27, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 57
- Reported on ADV
- Mar 6, 2012 to Mar 27, 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.Closed to new capital
Form D filed or amended 2012-01-26: the stated $55.0M offering reported fully sold (fr-1)
evidence dated Jan 26, 2012.
Lifecycle
Harvest
Lifecycle
vintage over 7 years, still reported
age years: 16first sale: Dec 23, 2010vintage year: 2010adv gav as of: Mar 27, 2026vintage basis: Form d first saleform d sold: $55.0Mform d offering: $55.0Mform d latest filed at: Jan 26, 2012
The fund's own reporting through time
17 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 6, 2012 | Venture Capital Fund | $53.4M | 50 | $25,000 | 5% | yes | |
| Mar 8, 2013 | Venture Capital Fund | $40.1M | 50 | $25,000 | 5% | yes | |
| Mar 26, 2014 | Venture Capital Fund | $40.1M | 50 | $25,000 | 1% | yes | |
| Mar 17, 2015 | Venture Capital Fund | $40.1M | 50 | $25,000 | 1% | yes | |
| Mar 14, 2016 | Venture Capital Fund | $207M | 50 | $25,000 | 1% | yes | |
| Mar 14, 2017 | Venture Capital Fund | $131M | 57 | $25,000 | 1% | yes | |
| Dec 6, 2017 | Venture Capital Fund | $131M | 57 | $25,000 | 1% | yes | |
| Mar 14, 2018 | Venture Capital Fund | $118M | 57 | $25,000 | 1% | yes | |
| Mar 12, 2019 | Venture Capital Fund | $141M | 57 | $25,000 | 1% | yes | |
| Mar 18, 2020 | Venture Capital Fund | $133M | 57 | $25,000 | 1% | yes | |
| Mar 18, 2020 | Venture Capital Fund | $139M | 57 | $25,000 | 1% | yes | |
| Mar 19, 2021 | Venture Capital Fund | $113M | 57 | $25,000 | 1% | yes | |
| Jun 22, 2021 | Venture Capital Fund | $113M | 57 | $25,000 | 1% | yes | |
| Mar 28, 2022 | Venture Capital Fund | $107M | 57 | $25,000 | 1% | yes | |
| Mar 23, 2023 | Venture Capital Fund | $96.8M | 57 | $25,000 | 1% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $88.7M | 57 | $25,000 | 1% | yes | |
| Mar 27, 2026 | Venture Capital Fund | $83.7M | 57 | $25,000 | 1% |
Principals and agents
2 principals on Form D, 0 placement agents
- Charles Hudson Executive Officer
- Jean-Francois Clavier Executive Officer
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorRSM · BLUE BELL, California, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
- AdministratorCarta · SAN FRANCISCO, California, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
- CustodianFirst Citizens Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 27, 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).1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| San Diego City Employees' Retirement System content.sdcers.gov | 2011 | $10.0M | $9.3M | $29.5M | $10.9M | 20.2% | 4.4x | Mar 31, 2026 |
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 |
|---|---|---|---|---|
| San Diego City Employees' Retirement System | MUNICIPAL RETIREMENT SYSTEM | $10.0M committed | reported as of Mar 31, 2026 | 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, 2026SDCERS reports SoftTech VC III, L.P.: $10,000,000 committed, vintage 2011, net IRR 20.2%, 4.37xLP commitment disclosed Fact Pension disclosure
- Mar 27, 2026Administrator changed: Carta replaced ADURO ADVISORS, LLC, first reported on the Form ADV filed March 27, 2026 (previous filing March 31, 2025)Administrator changed Fact Form ADV
- Mar 14, 2016Auditor changed: RSM replaced FESNAK AND ASSOCIATES, first reported on the Form ADV filed March 14, 2016 (previous filing March 17, 2015)Auditor changed Fact Form ADV
- Mar 6, 2012Softtech Vc III, LP first reported on Form ADV by Softtech Vc Inc. (Venture Capital Fund), GAV $53,372,929Fund first reported on Form ADV Fact Form ADV
- Jan 26, 2012SoftTech VC III, L.P. filed Form D/A: $55,000,000 sold of $55,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
48 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jan 26, 2012 Fact Form D
- Entity type: Limited Partnership Nov 29, 2011 Fact Form D
- Entity type: Limited Partnership Jan 5, 2011 Fact Form D
- Form D fund type: Venture Capital Fund Jan 26, 2012 Fact Form D
- Form D fund type: Venture Capital Fund Nov 29, 2011 Fact Form D
- Form D fund type: Venture Capital Fund Jan 5, 2011 Fact Form D
- Form D industry group: Pooled Investment Fund Jan 26, 2012 Fact Form D
- Form D industry group: Pooled Investment Fund Nov 29, 2011 Fact Form D
- Form D industry group: Pooled Investment Fund Jan 5, 2011 Fact Form D
- Amendment: true Jan 26, 2012 Fact Form D
- Amendment: true Nov 29, 2011 Fact Form D
- Amendment: false Jan 5, 2011 Fact Form D
- Revenue range (Form D): Not Applicable Jan 26, 2012 Fact Form D
- Revenue range (Form D): Not Applicable Nov 29, 2011 Fact Form D
- Revenue range (Form D): Not Applicable Jan 5, 2011 Fact Form D
- Incorporated: withinFiveYears Jan 26, 2012 Fact Form D
- Incorporated: withinFiveYears Nov 29, 2011 Fact Form D
- Incorporated: withinFiveYears Jan 5, 2011 Fact Form D
- Jurisdiction: Delaware Jan 26, 2012 Fact Form D
- Jurisdiction: Delaware Nov 29, 2011 Fact Form D
- Jurisdiction: Delaware Jan 5, 2011 Fact Form D
- Amount sold (Form D): $55.0M Jan 26, 2012 Fact Form D
- Amount sold (Form D): $35.4M Nov 29, 2011 Fact Form D
- Amount sold (Form D): $14.5M Jan 5, 2011 Fact Form D
- Offering amount (Form D): $55.0M Jan 26, 2012 Fact Form D
- Offering amount (Form D): $50.0M Nov 29, 2011 Fact Form D
- Offering amount (Form D): $35.0M Jan 5, 2011 Fact Form D
- Exemptions: 06, 3C, 3C.7 Jan 26, 2012 Fact Form D
- Exemptions: 06, 3C, 3C.7 Nov 29, 2011 Fact Form D
- Exemptions: 06, 3C, 3C.7 Jan 5, 2011 Fact Form D
- First sale: 2010-12-23 Jan 26, 2012 Fact Form D
- First sale: 2010-12-23 Nov 29, 2011 Fact Form D
- First sale: 2010-12-23 Jan 5, 2011 Fact Form D
- Investors (Form D): 53 Jan 26, 2012 Fact Form D
- Investors (Form D): 44 Nov 29, 2011 Fact Form D
- Investors (Form D): 26 Jan 5, 2011 Fact Form D
- Minimum investment (Form D): 0 Jan 26, 2012 Fact Form D
- Minimum investment (Form D): 0 Nov 29, 2011 Fact Form D
- Minimum investment (Form D): 0 Jan 5, 2011 Fact Form D
- Securities offered: pooled Jan 26, 2012 Fact Form D
- Securities offered: pooled Nov 29, 2011 Fact Form D
- Securities offered: pooled Jan 5, 2011 Fact Form D
- Office address: Jan 26, 2012 Fact Form D
- Office address: Nov 29, 2011 Fact Form D
- Office address: Jan 5, 2011 Fact Form D
- Year of incorporation: 2010 Jan 26, 2012 Fact Form D
- Year of incorporation: 2010 Nov 29, 2011 Fact Form D
- Year of incorporation: 2010 Jan 5, 2011 Fact Form D
Relationships across DFX
on 2 other DFX graphs · 5 capital paths
Across the graphs
Softtech Vc III, LP 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
Softtech Vc III, LP sits on 5 traced paths of capital across the graphs.
Allocator to VC fund to manager to company
DFX traced 5 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
5 dated events on the change ledger, latest event first
- LP commitment disclosed2026-03-31source on record
- Fund first reported on ADV2012-03-06source on record
- Form D filed2012-01-26source on record
+2 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.