DFX Intelligence
Unicorn Partners Fund III, 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
1 additional placement agent
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Nothing material in the last 365 days. Last change: 8 Jan 2020, Latest Form D filed on 8 Jan 2020: $354M sold, 64 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
- 2019basis: 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 021-338890, sworn by the adviser or filed under this vehicle
- Form D sold
- $354Mas of the filing of Jan 8, 2020, 64 investors
- First sale
- Apr 19, 2019
- Reported GAV
- $433Mon the Form ADV filed Apr 1, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 75
- Reported on ADV
- May 14, 2019 to Apr 1, 2026
Fundraising evidence
What 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 2020-01-08, older than 15 months (fr-1)
evidence dated Jan 8, 2020.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 7first sale: Apr 19, 2019vintage year: 2019adv gav as of: Apr 1, 2026vintage basis: Form d first saleform d sold: $354Mform d offering: n/aform d latest filed at: Jan 8, 2020
The fund's own reporting through time
7 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| May 14, 2019 | Venture Capital Fund | $115M | 18 | $1.0M | 1% | yes | |
| Mar 27, 2020 | Venture Capital Fund | $297M | 74 | $1.0M | 1% | yes | |
| Mar 30, 2021 | Venture Capital Fund | $364M | 74 | $1.0M | 1% | yes | |
| Mar 10, 2022 | Venture Capital Fund | $430M | 74 | $1.0M | 1% | yes | |
| Mar 15, 2023 | Venture Capital Fund | $481M | 74 | $1.0M | 1% | yes | |
| Mar 26, 2024 | Venture Capital Fund | $465M | 75 | $1.0M | 1% | yes | |
| Apr 1, 2026 | Venture Capital Fund | $433M | 75 | $1.0M | 1% |
Principals and agents
3 principals on Form D, 1 placement agents
- Kah Fai Low Director
- Unicorn Partners GP Fund III Limited Promoter
- YAN Chak Tommy Yip Director
- Monument Group, Inc. placement agent
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorEY · CAYMAN ISLANDS, Cayman IslandsForm ADV filed Apr 1, 2026 reports.adviserinfo.sec.gov
- AdministratorIQ-EQ · HONG KONG, Hong KongForm ADV filed Apr 1, 2026 reports.adviserinfo.sec.gov
- CustodianTHE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED · HONG KONG, Hong KongForm ADV filed Apr 1, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose 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 allocators
What 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.2 relationships, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Richard King Mellon Foundation Dtd 01-01-47 | FOUNDATION | $6.0M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
| John D & Catherine T Macarthur Foundation | FOUNDATION | $5.7M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
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
5 events
- Mar 26, 2024Custodian changed: THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED replaced Silicon Valley Bank, first reported on the Form ADV filed March 26, 2024 (previous filing March 15, 2023)Custodian changed Fact Form ADV
- Mar 27, 2020Auditor changed: EY replaced Deloitte, first reported on the Form ADV filed March 27, 2020 (previous filing May 14, 2019)Auditor changed Fact Form ADV
- Jan 8, 2020Unicorn Partners Fund III, L.P. filed Form D/A: $353,500,000 sold (indefinite offering), Private Equity FundForm D filed Fact Form D
- May 14, 2019Unicorn Partners Fund III, L.P. first reported on Form ADV by Unicorn Capital Partners (Venture Capital Fund), GAV $115,000,000Fund first reported on Form ADV Fact Form ADV
- May 6, 2019Unicorn Partners Fund III, L.P. filed Form D: no sales yet (indefinite offering), Private Equity FundForm D filed Fact Form D
Evidence
54 observations
Every observation on this vehicle
- Entity type: Other Fact Form D
- Entity type: Other Jan 8, 2020 Fact Form D
- Entity type: Other May 6, 2019 Fact Form D
- Form D fund type: Private Equity Fund Fact Form D
- Form D fund type: Private Equity Fund Jan 8, 2020 Fact Form D
- Form D fund type: Private Equity Fund May 6, 2019 Fact Form D
- Form D industry group: Pooled Investment Fund Fact Form D
- Form D industry group: Pooled Investment Fund Jan 8, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund May 6, 2019 Fact Form D
- Amendment: true Fact Form D
- Amendment: false Fact Form D
- Amendment: true Jan 8, 2020 Fact Form D
- Amendment: false May 6, 2019 Fact Form D
- Revenue range (Form D): Decline to Disclose Fact Form D
- Revenue range (Form D): Decline to Disclose Jan 8, 2020 Fact Form D
- Revenue range (Form D): Decline to Disclose May 6, 2019 Fact Form D
- Incorporated: withinFiveYears Fact Form D
- Incorporated: withinFiveYears Jan 8, 2020 Fact Form D
- Incorporated: withinFiveYears May 6, 2019 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Fact Form D
- Jurisdiction: CAYMAN ISLANDS Jan 8, 2020 Fact Form D
- Jurisdiction: CAYMAN ISLANDS May 6, 2019 Fact Form D
- Amount sold (Form D): $354M Fact Form D
- Amount sold (Form D): $0 Fact Form D
- Amount sold (Form D): $354M Jan 8, 2020 Fact Form D
- Amount sold (Form D): $0 May 6, 2019 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Jan 8, 2020 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 May 6, 2019 Fact Form D
- First sale: 2019-04-19 Fact Form D
- First sale: 2019-04-19 Jan 8, 2020 Fact Form D
- First sale: 2019-04-19 May 6, 2019 Fact Form D
- Indefinite offering: true Fact Form D
- Indefinite offering: true Jan 8, 2020 Fact Form D
- Indefinite offering: true May 6, 2019 Fact Form D
- Investors (Form D): 64 Fact Form D
- Investors (Form D): 20 Fact Form D
- Investors (Form D): 64 Jan 8, 2020 Fact Form D
- Investors (Form D): 20 May 6, 2019 Fact Form D
- Minimum investment (Form D): 0 Fact Form D
- Minimum investment (Form D): 0 Jan 8, 2020 Fact Form D
- Minimum investment (Form D): 0 May 6, 2019 Fact Form D
- Offering other type: Limited Partnership Interests Fact Form D
- Offering other type: Limited Partnership Interests Jan 8, 2020 Fact Form D
- Offering other type: Limited Partnership Interests May 6, 2019 Fact Form D
- Securities offered: pooled Fact Form D
- Securities offered: pooled Jan 8, 2020 Fact Form D
- Securities offered: pooled May 6, 2019 Fact Form D
- Office address: Fact Form D
- Office address: Jan 8, 2020 Fact Form D
- Office address: May 6, 2019 Fact Form D
- Year of incorporation: 2019 Fact Form D
- Year of incorporation: 2019 Jan 8, 2020 Fact Form D
- Year of incorporation: 2019 May 6, 2019 Fact Form D
Relationships across DFX
on 3 other DFX graphs
Across the graphs
Unicorn Partners Fund III, L.P. is the same institution as 3 records in Allocators, RIA and Wealth and Private Equity.
Allocators1RIA and Wealth1Private Equity1
DFX found 3 relationships across 3 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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Record history
3 dated events on the change ledger, latest event first
- Form D filed2020-01-08source on record
- Fund first reported on ADV2019-05-14source on record
- Form D filed2019-05-06source 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.