CRCM Opportunity Fund III, L.P.
CRCM Ventures · adviser of record: CRCM L.P. · 2019 vintage
CRCM Opportunity Fund III, L.P. is a 2019 venture fund managed by CRCM Ventures, with $65.2mm raised (Form D, amount sold). It reported $46.8mm in gross assets at year-end 2025, 0.72x its size, against a peak of $198mm in 2021.
- Latest value held
- $46.8mm year-end 2025
- Peak
- $198mm year-end 2021
- Fund size
- $65.2mm Form D, amount sold
- Held vs. size
- 0.72x peak 3.03x
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 | $46.8mm | 0.72x | -62% over 2 yrs |
| 2023 | $123mm | 1.88x | +13% |
| 2022 | $109mm | 1.67x | -45% |
| 2021 | $198mm | 3.03x | +85% |
| 2020 | $107mm | 1.64x | +40% |
| 2019 | $76.3mm | 1.17x | – |
Other funds from CRCM Ventures
- CRCM Opportunity Fund IV, L.P. 2022
- CRCM RPL Consolidated SPV, LLC 2022
- CRCM RPL III, LLC 2021
- CRCM RPL, LLC 2021
- CRCM RPL IV, LLC 2021
- CRCM RPL II, LLC 2021
- CRCM STUDIO88, LLC 2021
- CRCM Frontier Technology Fund I, LP 2016
- CRCM Opportunity Fund II, L.P. 2015
- CRCM Opportunity Fund, L.P. 2011
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 805-4350374349. Data updated October 13, 2026.
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