Covemark MP Fund III, LLC
Covemark Investment · adviser of record: Covemark Investment Manager LLC · 2018 vintage
Covemark MP Fund III, LLC is a 2018 venture fund managed by Covemark Investment, with $6.4mm raised (Form D, amount sold). It reported $10mm in gross assets at year-end 2025, 1.57x its size, its highest reported value.
- Latest value held
- $10mm year-end 2025
- Peak
- $10mm year-end 2025
- Fund size
- $6.4mm Form D, amount sold
- Held vs. size
- 1.57x peak 1.57x
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 | $10mm | 1.57x | +4% over 2 yrs |
| 2023 | $9.6mm | 1.51x | +0% |
| 2022 | $9.6mm | 1.51x | +0% |
| 2021 | $9.6mm | 1.51x | +0% |
| 2020 | $9.6mm | 1.51x | +0% |
| 2019 | $9.6mm | 1.51x | +0% |
| 2018 | $9.6mm | 1.51x | – |
Other funds from Covemark Investment
- Covemark Cordero, LLC 2019
- Covemark VF, LLC 2019
- Covemark NFH, LLC 2018
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 805-9815327919. Data updated October 13, 2026.
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