DFX Intelligence
Venture Capital Intelligence
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 / NFX Capital Fund III, LP
NFX Capital Fund III, LP
Amounts, each with its basis
- Vintage
- 2022basis: 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
- $450Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by a person on the adviser's roster named on the filing, the general partner the adviser swears for this fund, the filing's signer sitting on the adviser's roster, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-404555
- Form D sold
- $0as of the filing of Jun 29, 2021
- First sale
- unknown
- Reported GAV
- $474Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 129
- Reported on ADV
- Mar 31, 2022 to Mar 28, 2024
Fundraising evidence
Unknown
latest Form D 2021-06-29, older than 15 months (fr-1)
evidence dated Jun 29, 2021. 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
Active deployment
vintage 2 to 4 years
age years: 4first sale: n/avintage year: $2,022adv gav as of: 2024-03-28vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $450Mform d latest filed at: 2021-06-29
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 | $64.3M | 129 | $50,000 | 6% | yes | |
| Oct 12, 2022 | Venture Capital Fund | $64.3M | 129 | $50,000 | 6% | yes | |
| Mar 23, 2023 | Venture Capital Fund | $215M | 129 | $50,000 | 5% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $474M | 129 | $50,000 | 5% | yes |
Principals and agents
5 principals on Form D, 0 placement agents
- James Currier Executive Officer
- Pete Flint Executive Officer
- Morgan Beller Executive Officer
- Omri Amiray-Drory Executive Officer
- Gigi Levy-Weiss Executive Officer
Limited partners and their reported performance
2 public LP reports
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| New York State Common Retirement Fund osc.ny.gov | 2021 | $10.0M | n/a | n/a | n/a | not meaningful yet | unknown | Mar 31, 2025 |
| New York State Common Retirement Fund osc.ny.gov | 2021 | $10.0M | n/a | n/a | n/a | not meaningful yet | unknown | Sep 1, 2021 |
Each 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).
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, 2025NYSCRF reports NFX Capital Fund III, LP: $10,000,000 committed, vintage 2021 via Hamilton Lane/NYSCRF Israel Fund, L.P.LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 31, 2022NFX Capital Fund III, LP first reported on Form ADV by NFX Capital Management, LLC (Venture Capital Fund), GAV $64,326,736Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Sep 1, 2021NYSCRF commits $10,000,000 to NFX Capital Fund III through the Hamilton Lane/NYSCRF Israel Fund, L.P., closed 2021-09-01, existing relationship
- Jun 29, 2021NFX Capital Fund III, LP filed Form D: no sales yet of $450,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jun 29, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jun 29, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jun 29, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jun 29, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Jun 29, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jun 29, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jun 29, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Jun 29, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $450M Jun 29, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Jun 29, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Jun 29, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jun 29, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jun 29, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 140 2ND ST SUITE 500, SAN FRANCISCO, CA, 94105 Jun 29, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2021 Jun 29, 2021 Fact SEC EDGAR Form D data sets (quarterly)