BGV III, L.P.
BGV · adviser of record: BGV III Partners, LLC · 2016 vintage
BGV III, L.P. is a 2016 venture fund managed by BGV, with $34mm raised (Form D, amount sold). It reported $91.7mm in gross assets at year-end 2025, 2.69x its size, against a peak of $154mm in 2021.
- Latest value held
- $91.7mm year-end 2025
- Peak
- $154mm year-end 2021
- Fund size
- $34mm Form D, amount sold
- Held vs. size
- 2.69x peak 4.51x
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 | $91.7mm | 2.69x | -16% over 2 yrs |
| 2023 | $109mm | 3.21x | -19% |
| 2022 | $134mm | 3.94x | -13% |
| 2021 | $154mm | 4.51x | +42% |
| 2020 | $108mm | 3.17x | +22% |
| 2019 | $88.8mm | 2.61x | +75% |
| 2018 | $50.7mm | 1.49x | +117% |
| 2017 | $23.3mm | 0.69x | +260% |
| 2016 | $6.5mm | 0.19x | – |
Other funds from BGV
- BGV Opportunity Fund II, LP 2022
- Hyperplane Opportunities I, LP 2021
- Hyperplane SPV-T, LLC 2020
- BGV IV LP 2019
- Hyperplane III, LP 2019
- Hyperplane (SPV-V), L.P. 2018
- BGV Opportunity Fund LP 2017
- Hyperplane II, LP 2016
- 360HYPERPLANE, LP 2015
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 805-9494095850. Data updated October 13, 2026.
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