Meritech Capital Sidecar III L.P.
Meritech Capital · adviser of record: Meritech Sub-Management Corporation · 2022 vintage
Meritech Capital Sidecar III L.P. is a 2022 venture fund managed by Meritech Capital, with $250mm raised (Form D, amount sold). It reported $250mm in gross assets at year-end 2025, 1.00x its size, against a peak of $250mm in 2022.
- Latest value held
- $250mm year-end 2025
- Peak
- $250mm year-end 2022
- Fund size
- $250mm Form D, amount sold
- Held vs. size
- 1.00x peak 1.00x
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 | $250mm | 1.00x | -0% over 2 yrs |
| 2023 | $250mm | 1.00x | +0% |
| 2022 | $250mm | 1.00x | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| Michigan SMIB | 2025-12-31 | – | – | – | $1.6mm |
Latest report from each pension, as multiples of paid-in capital. Michigan reports dollar value held, shown under Still held.
What registered funds report
| Holder | As of | Value of stake | Value ÷ cost |
|---|---|---|---|
| NB Crossroads Private Markets Fund VII Holdings LP | 2026-06-30 | $377k | 1.02x |
| Franklin Lexington Private Markets Fund | 2026-06-30 | $231k | – |
From SEC Form N-PORT, filed by mutual funds and other registered funds that hold an interest in this fund.
Other funds from Meritech Capital
- Meritech Capital Partners VIII L.P. 2022
- Meritech Capital Affiliates VIII L.P. 2022
- Meritech Capital Operators VIII L.P. 2022
- Meritech Franchise Fund L.P. 2021
- Meritech Capital SPV I L.P. 2021
- Meritech Capital Partners VII L.P. 2020
- Meritech Capital Affiliates VII L.P. 2020
- Meritech Capital Partners VI L.P. 2018
- Meritech Capital Affiliates VI L.P. 2018
- Meritech Capital Partners V L.P. 2014
- Meritech Capital Partners V Sidecar L.P. 2014
- Meritech Capital Affiliates V L.P. 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 805-4121824996. Data updated October 13, 2026.
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