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Drive Capital Fund III, L.P.

Venture Capital FundFund ID 805-1447283149Delaware, United States
Gross assets
$255.8M
Min. investment
$500K
Beneficial owners
64
Size rank
Top 26%
Audited
Yes
Structure
Standalone

About this fund

Drive Capital Fund III, L.P. is a venture capital fund managed by Drive Capital LLC. The fund reports $255.8 million in gross assets, placing it among the top 26% of private funds by size. The stated minimum investment is $500,000. 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 ID805-1447283149
Fund typeVenture Capital Fund
3(c)(1) exclusionYes
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
Sales limited to qualified investorsYes
% of assets independently valued0%

Ownership

Owned by the adviser or related persons18%
Owned by funds of funds11%
Owned by non-U.S. persons7%

Other funds from this manager

FundTypeGross assets
Drive Capital Overdrive Fund II, L.P.Venture Capital$1.09B
Drive Capital Fund I, L.P.Venture Capital$691.1M
Drive Capital Overdrive Fund I, L.P.Venture Capital$499.1M
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Frequently asked questions

How large is Drive Capital Fund III, L.P.?

Drive Capital Fund III, L.P. reports $255.8 million in gross assets, among the top 26% of private funds by size.

What is the minimum investment for Drive Capital Fund III, L.P.?

The stated minimum investment is $500,000.

Who manages Drive Capital Fund III, L.P.?

Drive Capital Fund III, L.P. is managed by Drive Capital LLC.

Does Drive Capital Fund III, L.P. disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

D
Columbus, OH

Service providers

Prime broker
None reported
Custodian
Administrator
Auditor