Clearstone Venture Partners III-A, L.P.
Clearstone Venture Partners · adviser of record: Clearstone Venture Management Services, L.L.C · 2011 vintage
Clearstone Venture Partners III-A, L.P. is a 2011 venture fund managed by Clearstone Venture Partners. It reported $159mm in gross assets at year-end 2025, against a peak of $349mm in 2018.
- Latest value held
- $159mm year-end 2025
- Peak
- $349mm year-end 2018
- Fund size
- Not on file
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $159mm | – | -16% over 2 yrs |
| 2023 | $188mm | – | -12% |
| 2022 | $214mm | – | -38% |
| 2021 | $343mm | – | +1% |
| 2020 | $338mm | – | +32% |
| 2019 | $256mm | – | -27% |
| 2018 | $349mm | – | +20% |
| 2017 | $290mm | – | +31% |
| 2016 | $222mm | – | -18% |
| 2015 | $270mm | – | -19% |
| 2014 | $335mm | – | +4% |
| 2013 | $321mm | – | +29% |
| 2012 | $249mm | – | +8% |
| 2011 | $231mm | – | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| CalSTRS | 2025-06-30 | $35mm | 2.07x | 2.79x | 0.72x |
| University of California | 2021-06-30 | $20mm | 1.29x | 1.29x | 0.00x |
| Michigan SMIB | 2014-12-31 | – | – | – | $27.6mm |
Latest report from each pension, as multiples of paid-in capital. Michigan reports dollar value held, shown under Still held.
What registered funds report
| Holder | As of | Value of stake | Value ÷ cost |
|---|---|---|---|
| ADAMS STREET PRIVATE EQUITY NAVIGATOR FUND LLC | 2026-06-30 | $3.4mm | 9.70x |
From SEC Form N-PORT, filed by mutual funds and other registered funds that hold an interest in this fund.
Other funds from Clearstone Venture Partners
- Fabric Expansion Fund, LP 2019
- The Fabric III, LLC 2018
- The Fabric II, LLC 2015
- The Fabric I, LLC 2012
- Clearstone Venture Mauritius 2011
- Clearstone Venture Partners II-A, L.P. 2011
- Clearstone Venture Partners I-A, L.P. 2011
- Clearstone Venture Partners III-B, A De Multiple Series LLC 2011
All Clearstone Venture Partners funds
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 805-2924780622. Data updated October 13, 2026.
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