Longitude Venture Partners III, L.P.
Longitude Capital · adviser of record: Longitude Capital Management CO., LLC · 2016 vintage
Longitude Venture Partners III, L.P. is a 2016 venture fund managed by Longitude Capital, with $525mm raised (Form D, amount sold). It reported $514mm in gross assets at year-end 2025, 0.98x its size, against a peak of $688mm in 2020.
- Latest value held
- $514mm year-end 2025
- Peak
- $688mm year-end 2020
- Fund size
- $525mm Form D, amount sold
- Held vs. size
- 0.98x peak 1.31x
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 | $514mm | 0.98x | +12% over 2 yrs |
| 2023 | $459mm | 0.87x | +0% |
| 2022 | $458mm | 0.87x | -20% |
| 2021 | $575mm | 1.09x | -16% |
| 2020 | $688mm | 1.31x | +6% |
| 2019 | $646mm | 1.23x | +25% |
| 2018 | $515mm | 0.98x | -3% |
| 2017 | $530mm | 1.01x | +1% |
| 2016 | $524mm | 1.00x | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| Colorado PERA | 2025-12-31 | $36mm | 1.05x | – | – |
| LACERS | 2025-12-31 | $10mm | 1.05x | 1.72x | 0.67x |
| LAFPP | 2025-12-31 | $15mm | 1.06x | 1.86x | 0.81x |
Latest report from each pension, as multiples of paid-in capital. Michigan reports dollar value held, shown under Still held.
Other funds from Longitude Capital
- Longitude Venture Partners V, L.P. 2022
- Longitude Prime Fund II, L.P. 2022
- Longitude Prime Fund, L.P. 2021
- Longitude Venture Partners IV, L.P. 2019
- Longitude Venture Partners II, L.P. 2011
- Longitude Venture Partners, L.P. 2011
- Longitude Capital Associates, L.P. 2011
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 805-7494058888. Data updated October 13, 2026.
Is this your fund?
Spot an error and email a correction. Facing DPI pressure? See how distribution financing works.