DFX Intelligence
Distributed Global Ventures III LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional principal, 11 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
- -25%reported GAV
Reported gross assets fell from $811M to $610M between the Form ADV filings of 28 May 2024 and 28 Apr 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
- 2022basis: 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 021-435760, sworn by the adviser or filed under this vehicle
- Form D sold
- $396Mas of the filing of Mar 6, 2023, 55 investors
- First sale
- May 5, 2022
- Reported GAV
- $610Mon the Form ADV filed Apr 28, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 90
- Reported on ADV
- Mar 31, 2022 to Apr 28, 2026
- Structure
- master
Fundraising evidenceWhat 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 2023-03-06, older than 15 months (fr-1)
evidence dated Mar 6, 2023.
LifecycleActive deployment
vintage 2 to 4 years
age years: 4first sale: May 5, 2022vintage year: 2022adv gav as of: Apr 28, 2026vintage basis: Form d first saleform d sold: $396Mform d offering: n/aform d latest filed at: Mar 6, 2023
The fund's own reporting through time
10 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2022 | Venture Capital Fund | $0 | 0 | $5.0M | 0% | yes | |
| Aug 10, 2022 | Venture Capital Fund | $0 | 0 | $5.0M | 0% | yes | |
| Sep 13, 2022 | Venture Capital Fund | $0 | 0 | $5.0M | 0% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $383M | 84 | $5.0M | 8% | yes | |
| May 1, 2023 | Venture Capital Fund | $383M | 84 | $5.0M | 8% | yes | |
| Jul 24, 2023 | Venture Capital Fund | $383M | 84 | $5.0M | 8% | yes | |
| Oct 25, 2023 | Venture Capital Fund | $383M | 84 | $5.0M | 8% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $811M | 85 | $5.0M | 8% | yes | |
| May 28, 2024 | Venture Capital Fund | $811M | 85 | $5.0M | 8% | yes | |
| Apr 28, 2026 | Venture Capital Fund | $610M | 90 | $5.0M | 15% |
Principals and agents
4 principals on Form D, 0 placement agents
- Tucker Waterman Executive Officer
- Jonathan Steindorff Executive Officer
- Distributed Global Ventures III Manager LLC Executive Officer
Service providers
14 named on Form ADV Schedule D and Form D
- AuditorMAYER HOFFMAN MCCANN P.C. · LOS ANGELES, California, United StatesForm ADV filed Apr 28, 2026 reports.adviserinfo.sec.gov
- AdministratorSECURITIZE FUND SERVICES, LLC · MIAMI, Florida, United StatesForm ADV filed Apr 28, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · SANTA CLARA, California, United StatesForm ADV filed Apr 28, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performanceWhose 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 allocatorsWhat 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.
0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
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
- Mar 31, 2025Auditor changed: MAYER HOFFMAN MCCANN P.C. replaced Marcum, first reported on the Form ADV filed March 31, 2025 (previous filing May 28, 2024)Auditor changed Fact Form ADV
- Mar 6, 2023Distributed Global Ventures III LP filed Form D/A: $396,120,030 sold (indefinite offering), Other Investment FundForm D filed Fact Form D
- Mar 31, 2022Distributed Global Ventures III LP first reported on Form ADV by Distributed Global Manager LP (Venture Capital Fund)Fund first reported on Form ADV Fact Form ADV
- Mar 3, 2022Distributed Global Ventures III LP filed Form D: no sales yet (indefinite offering), Other Investment FundForm D filed Fact Form D
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Mar 6, 2023 Fact Form D
- Entity type: Limited Partnership Mar 3, 2022 Fact Form D
- Form D fund type: Other Investment Fund Mar 6, 2023 Fact Form D
- Form D fund type: Other Investment Fund Mar 3, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 6, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 3, 2022 Fact Form D
- Amendment: true Mar 6, 2023 Fact Form D
- Amendment: false Mar 3, 2022 Fact Form D
- Incorporated: withinFiveYears Mar 6, 2023 Fact Form D
- Incorporated: withinFiveYears Mar 3, 2022 Fact Form D
- Jurisdiction: Delaware Mar 6, 2023 Fact Form D
- Jurisdiction: Delaware Mar 3, 2022 Fact Form D
- Amount sold (Form D): $396M Mar 6, 2023 Fact Form D
- Amount sold (Form D): $0 Mar 3, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Mar 6, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Mar 3, 2022 Fact Form D
- First sale: 2022-05-05 Mar 6, 2023 Fact Form D
- Indefinite offering: true Mar 6, 2023 Fact Form D
- Indefinite offering: true Mar 3, 2022 Fact Form D
- Investors (Form D): 55 Mar 6, 2023 Fact Form D
- Investors (Form D): 0 Mar 3, 2022 Fact Form D
- Minimum investment (Form D): 0 Mar 6, 2023 Fact Form D
- Minimum investment (Form D): 0 Mar 3, 2022 Fact Form D
- Offering other type: Limited Partnership Interests. Mar 6, 2023 Fact Form D
- Offering other type: Limited Partnership Interests. Mar 3, 2022 Fact Form D
- Securities offered: pooled Mar 6, 2023 Fact Form D
- Securities offered: pooled Mar 3, 2022 Fact Form D
- Office address: Mar 6, 2023 Fact Form D
- Office address: Mar 3, 2022 Fact Form D
- Year of incorporation: 2022 Mar 6, 2023 Fact Form D
- Year of incorporation: 2022 Mar 3, 2022 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Distributed Global Ventures III LP is the same institution as 1 record in RIA and Wealth.
RIA and Wealth1
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Record history
1 identity change, 3 dated events on the change ledger, latest event first
- Event retracted2026-10-01
- Form D filed2023-03-06source on record
- Fund first reported on ADV2022-03-31source on record
+1 more change 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.