High Alpha Capital Fund III, L.P.
High Alpha Studio · adviser of record: High Alpha Studio, LLC · 2020 vintage
High Alpha Capital Fund III, L.P. is a 2020 venture fund managed by High Alpha Studio, with $98mm raised (Form D, amount sold). It reported $92.5mm in gross assets at year-end 2025, 0.94x its size, against a peak of $100mm in 2020.
- Latest value held
- $92.5mm year-end 2025
- Peak
- $100mm year-end 2020
- Fund size
- $98mm Form D, amount sold
- Held vs. size
- 0.94x peak 1.02x
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 | $92.5mm | 0.94x | +9% over 2 yrs |
| 2023 | $85mm | 0.87x | +95% |
| 2022 | $43.6mm | 0.44x | -55% |
| 2021 | $97.8mm | 1.00x | -2% |
| 2020 | $100mm | 1.02x | – |
Other funds from High Alpha Studio
- High Alpha Capital Fund IV, L.P. 2023
- High Alpha CO-Investment II, LLC 2018
- High Alpha CO-Investment III, LLC 2018
- High Alpha Capital Fund II, L.P. 2017
- High Alpha CO-Investment, LLC 2014
- High Alpha Seed Fund, L.P. Dba High Alpha Capital 2014
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 805-4163507973. Data updated October 13, 2026.
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