Altimeter Growth Partners Fund III, L.P.
Altimeter Capital · adviser of record: Altimeter Capital Management, LP · 2016 vintage
Altimeter Growth Partners Fund III, L.P. is a 2016 venture fund managed by Altimeter Capital, with $199mm raised (Form D, amount sold). It reported $296mm in gross assets at year-end 2025, 1.48x its size, against a peak of $1.6bn in 2020.
- Latest value held
- $296mm year-end 2025
- Peak
- $1.6bn year-end 2020
- Fund size
- $199mm Form D, amount sold
- Held vs. size
- 1.48x peak 8.05x
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 | $296mm | 1.48x | +8% |
| 2024 archived filing | $274mm | 1.37x | -67% |
| 2023 | $842mm | 4.22x | +24% |
| 2022 | $678mm | 3.40x | -51% |
| 2021 | $1.38bn | 6.94x | -14% |
| 2020 | $1.6bn | 8.05x | +550% |
| 2019 | $247mm | 1.24x | +18% |
| 2018 | $209mm | 1.05x | +31% |
| 2017 | $160mm | 0.80x | +78% |
| 2016 | $89.8mm | 0.45x | – |
Other funds from Altimeter Capital
- Altimeter Growth Lincoln Fund II, L.P. 2021
- Altimeter Growth CO-Invest Fund II, L.P. 2021
- Altimeter Growth Diablo Fund, L.P. 2021
- Altimeter Growth CO-Invest Fund I, L.P. 2021
- Altimeter Growth CO-Invest Fund III, L.P. 2021
- Altimeter Growth Partners Fund VI, L.P. 2020
- Altimeter Growth Partners Fund V, L.P. 2020
- Altimeter Growth Lincoln Fund, L.P. 2020
- Altimeter Growth Denali Fund, L.P. 2020
- Altimeter Growth Pacific Fund, L.P. 2020
- Altimeter Growth Hood Fund, L.P. 2020
- Altimeter Growth Cascade Fund, LP 2019
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 805-1733461225. Data updated October 13, 2026.
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