Ifp III, LP
Idea Fund Partners · adviser of record: Idea Fund Partners, LLC · 2018 vintage
Ifp III, LP is a 2018 venture fund managed by Idea Fund Partners, with $17.7mm raised (Form D, amount sold). It reported $10.4mm in gross assets at year-end 2024, 0.59x its size, against a peak of $16.6mm in 2021.
- Latest value held
- $10.4mm year-end 2024
- Peak
- $16.6mm year-end 2021
- Fund size
- $17.7mm Form D, amount sold
- Held vs. size
- 0.59x peak 0.93x
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 |
|---|---|---|---|
| 2024 | $10.4mm | 0.59x | -37% |
| 2023 | $16.6mm | 0.93x | +0% |
| 2022 | $16.6mm | 0.93x | +0% |
| 2021 | $16.6mm | 0.93x | +111% |
| 2020 | $7.8mm | 0.44x | +187% |
| 2019 | $2.7mm | 0.15x | +0% |
| 2018 | $2.7mm | 0.15x | – |
Other funds from Idea Fund Partners
- Idea Fund IV, LP 2023
- Idea Opportunity Fund, LP 2020
- VCMF Idea Investments, LLC 2018
- Idea CO-Investment Fund I, LP 2016
- Idea Fund II, LP 2014
- Idea Fund I, LP 2014
- Idea Stimulus Fund, LP 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 805-7064122008. Data updated October 13, 2026.
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