Distributed Global Ventures III LP
Distributed Global · adviser of record: Distributed Global Manager LP · 2021 vintage
Distributed Global Ventures III LP is a 2021 venture fund managed by Distributed Global, with $396mm raised (Form D, amount sold). It reported $610mm in gross assets at year-end 2025, 1.54x its size, against a peak of $811mm in 2023.
- Latest value held
- $610mm year-end 2025
- Peak
- $811mm year-end 2023
- Fund size
- $396mm Form D, amount sold
- Held vs. size
- 1.54x peak 2.05x
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 | $610mm | 1.54x | -25% over 2 yrs |
| 2023 | $811mm | 2.05x | +112% |
| 2022 | $383mm | 0.97x | – |
| 2021 | $0k | 0.00x | – |
Other funds from Distributed Global
- DG Opportunity SPV LLC 2021
- DG SPV 3 LLC 2020
- Distributed Global Ventures T2 LP 2020
- Distributed Global Ventures II LP 2020
- DG SPV 2 LLC 2020
- DG SPV 1 LLC 2020
- DG SPV 4 LLC 2020
- DG SPV 5 LLC 2020
- Distributed Global Ventures LP 2019
- Distributed Global Access Fund LP 2017
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 805-5637909665. Data updated October 13, 2026.
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