DFX Intelligence
Angeleno Investors III, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
HarvestFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
2 additional principals, 3 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 1 LP reportpublic disclosures
1 public LP report name this vehicle; the latest, Los Angeles City Employees' Retirement System as of 31 Dec 2025, shows $10M committed and net IRR 1.2%, 1.13x (the LP's own figures).
A named LP and its own performance figures are the strongest outside read on a fund.
FactPublic pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)For LPs, fund-of-fundsLimited partners →
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2009basis: 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
- $250Mwhat may be sold, not what was raised; file 021-129450, sworn by the adviser or filed under this vehicle
- Form D sold
- $200Mas of the filing of Apr 1, 2010, 42 investors
- First sale
- Mar 12, 2009
- Reported GAV
- $265Mon the Form ADV filed Mar 28, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 64
- Reported on ADV
- Mar 26, 2012 to Mar 28, 2026
- Structure
- master
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 2010-04-01, older than 15 months (fr-1)
evidence dated Apr 1, 2010.
Lifecycle
Harvest
Lifecycle
vintage over 7 years, still reported
age years: 17first sale: Mar 12, 2009vintage year: 2009adv gav as of: Mar 28, 2026vintage basis: Form d first saleform d sold: $200Mform d offering: $250Mform d latest filed at: Apr 1, 2010
The fund's own reporting through time
17 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 26, 2012 | Venture Capital Fund | $42.4M | 65 | $1.0M | 2% | yes | |
| Oct 11, 2012 | Venture Capital Fund | $42.4M | 65 | $1.0M | 2% | yes | |
| Mar 27, 2013 | Venture Capital Fund | $109M | 65 | $1.0M | 2% | yes | |
| Mar 28, 2014 | Venture Capital Fund | $156M | 65 | $1.0M | 2% | yes | |
| Mar 30, 2015 | Venture Capital Fund | $190M | 64 | $1.0M | 2% | yes | |
| Mar 28, 2016 | Venture Capital Fund | $251M | 64 | $1.0M | 2% | yes | |
| Mar 30, 2017 | Venture Capital Fund | $266M | 66 | $1.0M | 2% | yes | |
| Mar 28, 2018 | Venture Capital Fund | $259M | 66 | $1.0M | 2% | yes | |
| Mar 27, 2019 | Venture Capital Fund | $226M | 66 | $1.0M | 2% | yes | |
| Mar 26, 2020 | Venture Capital Fund | $228M | 66 | $1.0M | 2% | yes | |
| Mar 26, 2021 | Venture Capital Fund | $261M | 66 | $1.0M | 2% | yes | |
| Aug 9, 2021 | Venture Capital Fund | $350M | 66 | $1.0M | 2% | yes | |
| Mar 30, 2022 | Venture Capital Fund | $297M | 66 | $1.0M | 2% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $302M | 66 | $1.0M | 2% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $284M | 66 | $1.0M | 2% | yes | |
| Jul 12, 2024 | Venture Capital Fund | $284M | 66 | $1.0M | 2% | yes | |
| Mar 28, 2026 | Venture Capital Fund | $265M | 64 | $1.0M | 2% |
Principals and agents
5 principals on Form D, 1 placement agents
- Angeleno Group Management III, LLC Executive Officer
- Angeleno Group, LLC. Executive Officer
- Daniel Weiss Executive Officer
- Probitas Funds Group, LLC placement agent
Service providers
6 named on Form ADV Schedule D and Form D
- AuditorBDO · LOS ANGELES, California, United StatesForm ADV filed Mar 28, 2026 reports.adviserinfo.sec.gov
- AdministratorCSC FUND SERVICES NORTH AMERICA LLC · LIVINGSTON, New Jersey, United StatesForm ADV filed Mar 28, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 28, 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).1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Los Angeles City Employees' Retirement System lacers.org | 2009 | $10.0M | $10.7M | $3.6M | $8.5M | 1.2% | 1.1x | Dec 31, 2025 |
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.1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Los Angeles City Employees' Retirement System | MUNICIPAL RETIREMENT SYSTEM | $10.0M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
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
- Dec 31, 2025LACERS reports Angeleno Investors III: $10,000,000 committed, vintage 2009, net IRR 1.2%, 1.13xLP commitment disclosed Fact Pension disclosure
- Mar 30, 2017Auditor changed: BDO replaced Deloitte, first reported on the Form ADV filed March 30, 2017 (previous filing March 28, 2016)Auditor changed Fact Form ADV
- Mar 26, 2012Angeleno Investors III, L.P. first reported on Form ADV by Angeleno Group, LLC (Venture Capital Fund), GAV $42,425,906Fund first reported on Form ADV Fact Form ADV
- Apr 1, 2010Angeleno Investors III, L.P. filed Form D/A: $200,000,000 sold of $250,000,000, Private Equity FundForm D filed Fact Form D
- Apr 1, 2009Angeleno Investors III, L.P. filed Form D: $120,000,000 sold of $250,000,000, Private Equity FundForm D filed Fact Form D
Evidence
32 observations
Every observation on this vehicle
- Entity type: Limited Partnership Apr 1, 2010 Fact Form D
- Entity type: Limited Partnership Apr 1, 2009 Fact Form D
- Form D fund type: Private Equity Fund Apr 1, 2010 Fact Form D
- Form D fund type: Private Equity Fund Apr 1, 2009 Fact Form D
- Form D industry group: Pooled Investment Fund Apr 1, 2010 Fact Form D
- Form D industry group: Pooled Investment Fund Apr 1, 2009 Fact Form D
- Amendment: true Apr 1, 2010 Fact Form D
- Amendment: false Apr 1, 2009 Fact Form D
- Revenue range (Form D): Decline to Disclose Apr 1, 2010 Fact Form D
- Revenue range (Form D): Decline to Disclose Apr 1, 2009 Fact Form D
- Incorporated: withinFiveYears Apr 1, 2010 Fact Form D
- Incorporated: withinFiveYears Apr 1, 2009 Fact Form D
- Jurisdiction: Delaware Apr 1, 2010 Fact Form D
- Jurisdiction: De Apr 1, 2009 Fact Form D
- Amount sold (Form D): $200M Apr 1, 2010 Fact Form D
- Amount sold (Form D): $120M Apr 1, 2009 Fact Form D
- Offering amount (Form D): $250M Apr 1, 2010 Fact Form D
- Offering amount (Form D): $250M Apr 1, 2009 Fact Form D
- Exemptions: 06, 3C, 3C.1, 3C.7 Apr 1, 2010 Fact Form D
- Exemptions: 06, 3C, 3C.1, 3C.7 Apr 1, 2009 Fact Form D
- First sale: 2009-03-12 Apr 1, 2010 Fact Form D
- First sale: 2009-03-12 Apr 1, 2009 Fact Form D
- Investors (Form D): 42 Apr 1, 2010 Fact Form D
- Investors (Form D): 14 Apr 1, 2009 Fact Form D
- Minimum investment (Form D): 0 Apr 1, 2010 Fact Form D
- Minimum investment (Form D): 0 Apr 1, 2009 Fact Form D
- Securities offered: pooled Apr 1, 2010 Fact Form D
- Securities offered: pooled Apr 1, 2009 Fact Form D
- Office address: Apr 1, 2010 Fact Form D
- Office address: Apr 1, 2009 Fact Form D
- Year of incorporation: 2008 Apr 1, 2010 Fact Form D
- Year of incorporation: 2008 Apr 1, 2009 Fact Form D
Relationships across DFX
on 3 other DFX graphs · 3 capital paths
Across the graphs
Angeleno Investors 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.
Checking your plan…
Capital chain
Angeleno Investors III, L.P. sits on 3 traced paths of capital across the graphs.
Allocator to VC fund to manager to company
DFX traced 3 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Record history
4 dated events on the change ledger, latest event first
- LP commitment disclosed2025-12-31source on record
- Fund first reported on ADV2012-03-26source on record
- Form D filed2010-04-01source on record
+1 more change on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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.