Cherry Ventures Fund III GMBH & CO. KG
Cherry Ventures · adviser of record: Cherry Ventures Management GMBH (Aifm) · 2018 vintage
Cherry Ventures Fund III GMBH & CO. KG is a 2018 venture fund managed by Cherry Ventures, with $201mm raised (Form D, amount sold). It reported $534mm in gross assets at year-end 2023, 2.66x its size, against a peak of $682mm in 2021.
- Latest value held
- $534mm year-end 2023
- Peak
- $682mm year-end 2021
- Fund size
- $201mm Form D, amount sold
- Held vs. size
- 2.66x peak 3.40x
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 |
|---|---|---|---|
| 2023 | $534mm | 2.66x | +0% |
| 2022 | $534mm | 2.66x | -22% |
| 2021 | $682mm | 3.40x | +236% |
| 2020 | $203mm | 1.01x | +0% |
| 2019 | $203mm | 1.01x | +3% |
| 2018 | $197mm | 0.98x | – |
Other funds from Cherry Ventures
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 805-7628352382. Data updated October 13, 2026.
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