DFX Intelligence
RA Capital Nexus III Fund, L.P.
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
5 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
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Nothing material in the last 365 days. Last change: 6 Oct 2021, Latest Form D filed on 6 Oct 2021: $881M sold, 74 investors. A Form D amount is what was sold at the filing, never a final close.
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 021-415892, 021-415889, sworn by the adviser or filed under this vehicle
- Form D sold
- $881Mas of the filing of Oct 6, 2021, 74 investors
- First sale
- Oct 1, 2021
- Reported GAV
- $972Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 234
- Reported on ADV
- Feb 11, 2022 to Mar 31, 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 2021-10-06, older than 15 months (fr-1)
evidence dated Oct 6, 2021.
LifecycleMature
vintage 4 to 7 years
age years: 5first sale: Oct 1, 2021vintage year: 2021adv gav as of: Mar 31, 2026vintage basis: Form d first saleform d sold: $881Mform d offering: n/aform d latest filed at: Oct 6, 2021
The fund's own reporting through time
7 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Feb 11, 2022 | Venture Capital Fund | $878M | 72 | $10.0M | 2% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $878M | 223 | $10.0M | 2% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $885M | 234 | $10.0M | 2% | yes | |
| Apr 3, 2023 | Venture Capital Fund | $885M | 234 | $10.0M | 2% | yes | |
| Nov 29, 2023 | Venture Capital Fund | $885M | 234 | $10.0M | 2% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $1.0B | 234 | $10.0M | 2% | yes | |
| Mar 31, 2026 | Venture Capital Fund | $972M | 234 | $10.0M | 2% |
Principals and agents
3 principals on Form D, 0 placement agents
- RA Capital Nexus Fund III GP, LLC Executive Officer
- Rajeev Shah Director/Promoter
- Peter Kolchinsky Director/Promoter
Service providers
8 named on Form ADV Schedule D and Form D
- AuditorKPMG · BOSTON, Massachusetts, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorSS&C · WINDSOR, Connecticut, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianJPMorgan · NEW YORK, New York, 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
- Feb 11, 2022RA Capital Nexus III Fund, L.P. first reported on Form ADV by RA Capital Management, LP (Venture Capital Fund), GAV $878,449,909Fund first reported on Form ADV Fact Form ADV
- Oct 6, 2021RA Capital Nexus International Fund III, L.P. filed Form D: $880,993,000 sold (indefinite offering), Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Oct 6, 2021 Fact Form D
- Form D fund type: Venture Capital Fund Oct 6, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Oct 6, 2021 Fact Form D
- Amendment: false Oct 6, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Oct 6, 2021 Fact Form D
- Incorporated: withinFiveYears Oct 6, 2021 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Oct 6, 2021 Fact Form D
- Amount sold (Form D): $881M Oct 6, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Oct 6, 2021 Fact Form D
- First sale: 2021-10-01 Oct 6, 2021 Fact Form D
- Indefinite offering: true Oct 6, 2021 Fact Form D
- Investors (Form D): 74 Oct 6, 2021 Fact Form D
- Minimum investment (Form D): 0 Oct 6, 2021 Fact Form D
- Securities offered: pooled Oct 6, 2021 Fact Form D
- Office address: Oct 6, 2021 Fact Form D
- Year of incorporation: 2021 Oct 6, 2021 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
RA Capital Nexus III Fund, L.P. 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 ADV2022-02-11source on record
- Form D filed2021-10-06source 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.