Palm Drive Capital III LP
Venture Capital FundFund ID 805-9987157025Cayman Islands
Gross assets
$92.6M
Min. investment
$10K
Beneficial owners
34
Size rank
Top 45%
Audited
Yes
Structure
Standalone
About this fund
Palm Drive Capital III LP is a venture capital fund managed by Palm Drive Capital LLC. The fund reports $92.6 million in gross assets, placing it among the top 45% of private funds by size. The stated minimum investment is $10,000. 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 | 805-9987157025 |
| Fund type | Venture Capital Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | Yes |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Palm Drive Capital II LP | Venture Capital | $52.8M |
| Palm Drive Capital IV LP | Venture Capital | $47.3M |
| Palm Drive Ventures I LP | Venture Capital | $39.8M |
See all 29 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Palm Drive Capital III LP?
Palm Drive Capital III LP reports $92.6 million in gross assets, among the top 45% of private funds by size.
What is the minimum investment for Palm Drive Capital III LP?
The stated minimum investment is $10,000.
Who manages Palm Drive Capital III LP?
Palm Drive Capital III LP is managed by Palm Drive Capital LLC.
Does Palm Drive Capital III LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
P
New York, NY
Service providers
Reported gross assets
$92.6M▲ 7%
Feb '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 45%
Larger than 55% of 67,041 private funds
Gross assets vs Venture Capital FundsTop 23%
Larger than 77% of 5,217 venture capital funds
Minimum investmentTop 94%
Higher than 6% of funds reporting a minimum
Investor base
Adviser & related persons2%
Funds of funds%
Non-U.S. persons92%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.