Friends & Family Capital III, L.P.
Venture Capital FundFund ID 805-7420791452Delaware, United States
Gross assets
$182M
Min. investment
—
Beneficial owners
168
Size rank
Top 33%
Audited
Yes
Structure
Standalone
About this fund
Friends & Family Capital III, L.P. is a venture capital fund managed by Friends & Family Capital Management, LLC. The fund reports $182 million in gross assets, placing it among the top 33% of private funds by size. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-7420791452 |
| Fund type | Venture Capital Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Friends & Family Capital II, L.P. | Venture Capital | $286M |
| Blackfoot River Capital, LLC | Other Private | $55.3M |
| Xyz F&fc I, LLC | Other Private | $48.2M |
| Idle River Capital, LLC | Other Private | $47.9M |
| Tennessee River Capital, LLC | Other Private | $27.1M |
| Kern River Capital, LLC | Other Private | $26.7M |
See all 16 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Friends & Family Capital III, L.P.?
Friends & Family Capital III, L.P. reports $182 million in gross assets, among the top 33% of private funds by size.
Who manages Friends & Family Capital III, L.P.?
Friends & Family Capital III, L.P. is managed by Friends & Family Capital Management, LLC.
Does Friends & Family Capital III, L.P. disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
Menlo Park, CA
Service providers
Prime broker
None reported
Custodian
Administrator
Auditor
Reported gross assets
$182M▲ 53%
Mar '25Form ADV, monthlyAug '26
How this fund compares
Gross assetsTop 33%
Larger than 67% of 67,603 private funds
Gross assets vs Venture Capital FundsTop 15%
Larger than 85% of 5,300 venture capital funds
Investor base
Adviser & related persons12%
Funds of funds17%
Non-U.S. persons29%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.