Ifm Fintech Opportunities III LP
Illuminate FM · adviser of record: Illuminate FM LLC · 2022 vintage
Ifm Fintech Opportunities III LP is a 2022 venture fund managed by Illuminate FM, with $275mm raised (Form D, amount sold). It reported $235mm in gross assets at year-end 2025, 0.85x its size, its highest reported value.
- Latest value held
- $235mm year-end 2025
- Peak
- $235mm year-end 2025
- Fund size
- $275mm Form D, amount sold
- Held vs. size
- 0.85x peak 0.85x
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 | $235mm | 0.85x | +135% over 2 yrs |
| 2023 | $100mm | 0.36x | +0% |
| 2022 | $100mm | 0.36x | – |
Other funds from Illuminate FM
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 805-9569183634. Data updated October 13, 2026.
Is this your fund?
Spot an error and email a correction. Facing DPI pressure? See how distribution financing works.