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 / Pivotnorth Fund III, L.P.

Pivotnorth Fund III, L.P.

HarvestUnknownFundADV: Venture Capital FundPivotnorth Services LLC
Amounts, each with its basis
Vintage
2017basis: adv first reported
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; joined by exact issuer name, corroborated by the filing's signer sitting on the adviser's roster, not sworn by the adviser (confidence 0.85); file 021-274860
Form D sold
$0as of the filing of Nov 21, 2016
First sale
unknown
Reported GAV
$27.0Mon the Form ADV filed Jul 17, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
19
Reported on ADV
Mar 20, 2017 to Jul 17, 2024
Fundraising evidence
Unknown
latest Form D 2016-11-21, older than 15 months (fr-1)
evidence dated Nov 21, 2016. 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
Harvest
vintage over 7 years, still reported
age years: 9first sale: n/avintage year: $2,017adv gav as of: 2024-07-17vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: n/aform d latest filed at: 2016-11-21
The fund's own reporting through time
8 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 20, 2017Venture Capital Fund$34.2M
24$500,0003%yes
Mar 27, 2018Venture Capital Fund$33.5M
24$500,0003%yes
Mar 19, 2019Venture Capital Fund$33.5M
24$500,0003%yes
Apr 30, 2020Venture Capital Fund$60.5M
24$500,0003%yes
Mar 31, 2021Venture Capital Fund$60.4M
24$500,0003%yes
Jun 8, 2022Venture Capital Fund$69.0M
24$500,0003%yes
Jul 14, 2023Venture Capital Fund$27.0M
19$500,0003%yes
Jul 17, 2024Venture Capital Fund$27.0M
19$500,0003%yes
Principals and agents
1 principals on Form D, 0 placement agents
  • General Partner Pivotnorth Management III, L.L.C. Promoter
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. Mar 20, 2017
    Pivotnorth Fund III, L.P. first reported on Form ADV by Pivotnorth Services LLC (Venture Capital Fund), GAV $34,242,491
  2. Nov 21, 2016
    Pivotnorth Fund III, L.P. filed Form D: no sales yet (indefinite offering), Venture Capital Fund
Evidence
15 observations
Every observation on this vehicle