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 / DFJ Growth III, L.P.
DFJ Growth III, L.P.
Amounts, each with its basis
- Vintage
- 2018basis: 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
- $500Mwhat may be sold, not what was raised; file 021-265498, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Jun 21, 2016
- First sale
- unknown
- Reported GAV
- $950Mon the Form ADV filed Aug 9, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 75
- Reported on ADV
- Mar 27, 2018 to Aug 9, 2024
Fundraising evidence
Unknown
latest Form D 2016-06-21, older than 15 months (fr-1)
evidence dated Jun 21, 2016. 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
Harvest
vintage over 7 years, still reported
age years: 8first sale: n/avintage year: $2,018adv gav as of: 2024-08-09vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $500Mform d latest filed at: 2016-06-21
The fund's own reporting through time
11 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 27, 2018 | Venture Capital Fund | $515M | 75 | 0% | yes | ||
| Mar 27, 2018 | Venture Capital Fund | $507M | 75 | 0% | yes | ||
| Mar 22, 2019 | Venture Capital Fund | $525M | 75 | 0% | yes | ||
| Nov 27, 2019 | Venture Capital Fund | $525M | 75 | 0% | yes | ||
| Mar 30, 2020 | Venture Capital Fund | $623M | 75 | 0% | yes | ||
| Mar 29, 2021 | Venture Capital Fund | $931M | 75 | 0% | yes | ||
| Mar 29, 2022 | Venture Capital Fund | $1.0B | 75 | 0% | yes | ||
| May 20, 2022 | Venture Capital Fund | $1.0B | 75 | 0% | yes | ||
| Mar 29, 2023 | Venture Capital Fund | $961M | 75 | 0% | yes | ||
| Mar 29, 2024 | Venture Capital Fund | $950M | 75 | 0% | yes | ||
| Aug 9, 2024 | Venture Capital Fund | $950M | 75 | 0% | yes |
Principals and agents
4 principals on Form D, 0 placement agents
- Randall S. Glein Executive Officer
- Mark W. Bailey Executive Officer
- John H.N. Fisher Executive Officer
- Barry M. Schuler Executive Officer
Limited partners and their reported performance
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 | 2017 | $15.0M | $14.8M | $8.1M | $37.8M | 22.3% | 3.1x | Dec 31, 2025 |
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
3 events
- Dec 31, 2025LACERS reports DFJ Growth III: $15,000,000 committed, vintage 2017, net IRR 22.3%, 3.09xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 27, 2018DFJ Growth III, L.P. first reported on Form ADV by DFJ Growth (Venture Capital Fund), GAV $514,960,000Fund 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)
- Jun 21, 2016DFJ Growth 2016, L.P. filed Form D: no sales yet of $500,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
14 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jun 21, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jun 21, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jun 21, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jun 21, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Jun 21, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: yetToBeFormed Jun 21, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jun 21, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Jun 21, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $500M Jun 21, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Jun 21, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Jun 21, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jun 21, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jun 21, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2882 SAND HILL ROAD, SUITE 150, MENLO PARK, CA, 94025 Jun 21, 2016 Fact SEC EDGAR Form D data sets (quarterly)