Also Capital III, L.P
Also Capital · adviser of record: Also Capital Management LLC · 2025 vintage
Also Capital III, L.P is a 2025 venture fund managed by Also Capital, with $40mm raised (Form D target). It reported $45.1mm in gross assets at year-end 2025, 1.13x its size, its highest reported value.
- Latest value held
- $45.1mm year-end 2025
- Peak
- $45.1mm year-end 2025
- Fund size
- $40mm Form D target
- Held vs. size
- 1.13x peak 1.13x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $45.1mm | 1.13x | – |
Other funds from Also Capital
- Also Capital II, LP 2025
- AC Varda I LLC 2025
- AC Varda II LLC 2021
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-5167969135. Data updated October 13, 2026.
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