Imaginary Venture Capital Partners III, L.P.
Imaginary Ventures · adviser of record: Imaginary Venture Capital Management, L.P. · 2022 vintage
Imaginary Venture Capital Partners III, L.P. is a 2022 venture fund managed by Imaginary Ventures, with $259mm raised (Form D, amount sold). It reported $289mm in gross assets at year-end 2025, 1.12x its size, its highest reported value.
- Latest value held
- $289mm year-end 2025
- Peak
- $289mm year-end 2025
- Fund size
- $259mm Form D, amount sold
- Held vs. size
- 1.12x peak 1.12x
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 | $289mm | 1.12x | +11% over 2 yrs |
| 2023 | $259mm | 1.00x | -2% |
| 2022 | $265mm | 1.02x | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| LAFPP | 2025-12-31 | $12mm | 0.00x | 1.05x | 1.05x |
Latest report from each pension, as multiples of paid-in capital. Michigan reports dollar value held, shown under Still held.
Other funds from Imaginary Ventures
- Imaginary Venture Capital Partners IV, L.P. 2025
- S Growth Partners III, L.P. 2023
- Imaginary Venture Capital Partners III Growth, L.P. 2022
- S Growth Partners II, L.P. 2022
- Imaginary Venture Capital Eip Fund III, L.P. 2022
- Imaginary Venture Capital G-1, L.P. 2021
- G Growth Partners, L.P. 2021
- Imaginary Venture Capital S-1, L.P. 2020
- S Growth Partners, L.P. 2020
- Imaginary I Opportunity, L.P. 2020
- Imaginary Venture Capital Partners II, L.P. 2019
- Imaginary Venture Capital E-1, L.P. 2018
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 805-1815034287. Data updated October 13, 2026.
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