Commonangels Fund III, L.P.
Converge Venture Partners · adviser of record: CVP Management, Inc. · 2012 vintage
Commonangels Fund III, L.P. is a 2012 venture fund managed by Converge Venture Partners. It reported $753k in gross assets at year-end 2023, against a peak of $14mm in 2013.
- Latest value held
- $753k year-end 2023
- Peak
- $14mm year-end 2013
- 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 |
|---|---|---|---|
| 2023 | $753k | – | -61% |
| 2022 | $1.9mm | – | +3% |
| 2021 | $1.9mm | – | +26% |
| 2020 | $1.5mm | – | -18% |
| 2019 | $1.8mm | – | -62% |
| 2018 | $4.7mm | – | -35% |
| 2017 | $7.3mm | – | -18% |
| 2016 | $8.9mm | – | -30% |
| 2015 | $12.6mm | – | -9% |
| 2014 | $13.9mm | – | -1% |
| 2013 | $14mm | – | +8% |
| 2012 | $13mm | – | – |
Other funds from Converge Venture Partners
- Converge Venture Partners Fund I LP 2012
- Commonangels CO-Investment Fund II, LLC 2012
- Commonangels Fund I, LLC 2012
All Converge 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 805-3458830968. Data updated October 13, 2026.
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