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 / Savano Capital Partners III, LP
Savano Capital Partners III, LP
MatureUnknownFundother manager vehicleADV: Private Equity FundSavano Direct Capital Partners, LLCDelaware
Amounts, each with its basis
- Vintage
- 2020basis: 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 021-364180, sworn by the adviser or filed under this vehicle
- Form D sold
- $40.7Mas of the filing of Apr 7, 2021, 83 investors
- First sale
- Jul 10, 2020
- Reported GAV
- $261Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 103
- Reported on ADV
- Mar 31, 2021 to Mar 28, 2024
Fundraising evidence
Unknown
latest Form D 2021-04-07, older than 15 months (fr-1)
evidence dated Apr 7, 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
Mature
vintage 4 to 7 years
age years: 6first sale: 2020-07-10vintage year: $2,020adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $40.7Mform d offering usd: n/aform d latest filed at: 2021-04-07
The fund's own reporting through time
10 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2021 | Private Equity Fund | $55.5M | 65 | $100,000 | 7% | yes | |
| Jun 29, 2021 | Private Equity Fund | $94.6M | 65 | $100,000 | 7% | yes | |
| Oct 6, 2021 | Private Equity Fund | $94.6M | 65 | $100,000 | 7% | yes | |
| Mar 30, 2022 | Private Equity Fund | $183M | 95 | $100,000 | 12% | yes | |
| Apr 14, 2022 | Private Equity Fund | $183M | 95 | $100,000 | 12% | yes | |
| Mar 29, 2023 | Private Equity Fund | $180M | 103 | $100,000 | 5% | yes | |
| Apr 12, 2023 | Private Equity Fund | $180M | 103 | $100,000 | 5% | yes | |
| Nov 14, 2023 | Private Equity Fund | $180M | 103 | $100,000 | 5% | yes | |
| Nov 14, 2023 | Private Equity Fund | $180M | 103 | $100,000 | 5% | yes | |
| Mar 28, 2024 | Private Equity Fund | $261M | 103 | $100,000 | 7% | yes |
Principals and agents
1 principals on Form D, 0 placement agents
- General Partner Savano Direct GP III, LLC 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
3 events
- Apr 7, 2021Savano Capital Partners III, L.P. filed Form D/A: $40,712,500 sold (indefinite offering), Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 31, 2021Savano Capital Partners III, LP first reported on Form ADV by Savano Direct Capital Partners, LLC (Private Equity Fund), GAV $55,507,004Fund 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)
- Apr 2, 2020Savano Capital Partners III, L.P. filed Form D: no sales yet (indefinite offering), Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
46 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Apr 7, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Apr 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Apr 7, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Apr 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Apr 7, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Apr 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Apr 7, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Apr 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Apr 7, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Apr 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Apr 7, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Apr 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Apr 7, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Apr 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $40.7M Apr 7, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Apr 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Apr 7, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Apr 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2020-07-10 Apr 7, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Apr 7, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Apr 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 83 Apr 7, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Apr 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Apr 7, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Apr 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Apr 7, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Apr 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: Six East Eager Street, Suite 4-A, BALTIMORE, MD, 21202 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: SIX EAST EAGER STREET, SUITE 4-A, BALTIMORE, MD, 21202 Apr 7, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: Six East Eager Street, Suite 4-A, BALTIMORE, MD, 21202 Apr 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Apr 7, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Apr 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)