Framework Ventures III L.P.
Framework Ventures · adviser of record: Framework Ventures Management LLC · 2022 vintage
Framework Ventures III L.P. is a 2022 venture fund managed by Framework Ventures, with $290mm raised (Form D, amount sold). It reported $580mm in gross assets at year-end 2025, 2.00x its size, against a peak of $635mm in 2023.
- Latest value held
- $580mm year-end 2025
- Peak
- $635mm year-end 2023
- Fund size
- $290mm Form D, amount sold
- Held vs. size
- 2.00x peak 2.19x
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 | $580mm | 2.00x | -9% over 2 yrs |
| 2023 | $635mm | 2.19x | +71% |
| 2022 | $372mm | 1.28x | – |
What registered funds report
| Holder | As of | Value of stake | Value ÷ cost |
|---|---|---|---|
| Ares Private Markets Fund | 2026-06-30 | $547k | 0.64x |
From SEC Form N-PORT, filed by mutual funds and other registered funds that hold an interest in this fund.
Other funds from Framework Ventures
- Framework Ventures L.P. 2019
- Framework Ventures II L.P. 2019
- Framework Ventures III Parallel L.P. 2019
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 805-6911665483. Data updated October 13, 2026.
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