Metaprop Ventures III, L.P.
Mpnyc · adviser of record: Mpnyc Management LLC · 2019 vintage
Metaprop Ventures III, L.P. is a 2019 venture fund managed by Mpnyc, with $100mm raised (Form D, amount sold). It reported $99.8mm in gross assets at year-end 2025, 1.00x its size, against a peak of $119mm in 2023.
- Latest value held
- $99.8mm year-end 2025
- Peak
- $119mm year-end 2023
- Fund size
- $100mm Form D, amount sold
- Held vs. size
- 1.00x peak 1.19x
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 | $99.8mm | 1.00x | -16% over 2 yrs |
| 2023 | $119mm | 1.19x | +7% |
| 2022 | $111mm | 1.11x | +6% |
| 2021 | $105mm | 1.04x | +62% |
| 2020 | $64.5mm | 0.64x | +158% |
| 2019 | $25mm | 0.25x | – |
Other funds from Mpnyc
- Metaprop Ventures IV, L.P. 2022
- MP Vergesense Investment, LLC 2021
- MP Sage Investments, LLC 2021
- Metaprop Growth Select I, L.P. 2020
- Metaprop Ventures II (QP), L.P. 2017
- Mpnyc Fund I L.P. 2015
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 805-6215338775. Data updated October 13, 2026.
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