DFX Intelligence
Alpha Partners Fund III, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
What matters now
- +86%reported GAV
Reported gross assets rose from $57.5M to $107M between the Form ADV filings of 29 Mar 2024 and 31 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
- 2021basis: 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 021-400034, sworn by the adviser or filed under this vehicle
- Form D sold
- $31.6Mas of the filing of May 20, 2021, 47 investors
- First sale
- May 5, 2021
- Reported GAV
- $107Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 94
- Reported on ADV
- Mar 31, 2022 to Mar 31, 2026
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 2021-05-20, older than 15 months (fr-1)
evidence dated May 20, 2021.
LifecycleMature
vintage 4 to 7 years
age years: 5first sale: May 5, 2021vintage year: 2021adv gav as of: Mar 31, 2026vintage basis: Form d first saleform d sold: $31.6Mform d offering: n/aform d latest filed at: May 20, 2021
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2022 | Venture Capital Fund | $46.1M | 75 | 2% | yes | ||
| Mar 30, 2023 | Venture Capital Fund | $14.2M | 83 | $1.0M | 2% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $57.5M | 67 | $50,000 | 2% | yes | |
| Mar 31, 2026 | Venture Capital Fund | $107M | 94 | $50,000 | 2% |
Principals and agents
2 principals on Form D, 0 placement agents
- Alpha Partners GP III, LLC Executive Officer/Promoter
- Stephen B. Brotman Executive Officer
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorSPICER JEFFRIES LLP · DENVER, Colorado, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorTMF FUND SERVICES NORTH AMERICA LLC · CARY, North Carolina, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianBANC OF CALIFORNIA · LOS ANGELES, California, United StatesForm ADV filed Mar 31, 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
2 events
- Mar 31, 2022Alpha Partners Fund III, LP first reported on Form ADV by Alpha Partners Management, LLC (Venture Capital Fund), GAV $46,073,143Fund first reported on Form ADV Fact Form ADV
- May 20, 2021Alpha Partners Fund III, LP filed Form D: $31,650,000 sold (indefinite offering), Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership May 20, 2021 Fact Form D
- Form D fund type: Venture Capital Fund May 20, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund May 20, 2021 Fact Form D
- Amendment: false May 20, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose May 20, 2021 Fact Form D
- Incorporated: withinFiveYears May 20, 2021 Fact Form D
- Jurisdiction: Delaware May 20, 2021 Fact Form D
- Amount sold (Form D): $31.6M May 20, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.7 May 20, 2021 Fact Form D
- First sale: 2021-05-05 May 20, 2021 Fact Form D
- Indefinite offering: true May 20, 2021 Fact Form D
- Investors (Form D): 47 May 20, 2021 Fact Form D
- Minimum investment (Form D): 0 May 20, 2021 Fact Form D
- Securities offered: pooled May 20, 2021 Fact Form D
- Office address: May 20, 2021 Fact Form D
- Year of incorporation: 2020 May 20, 2021 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Alpha Partners Fund 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
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2022-03-31source on record
- Form D filed2021-05-20source 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.