Notion Capital III LP
Notion Capital · adviser of record: Notion Capital Managers LLP · 2017 vintage
Notion Capital III LP is a 2017 venture fund managed by Notion Capital, with $18.1mm raised (Form D, amount sold). It reported $436mm in gross assets at year-end 2025, 24.10x its size, against a peak of $514mm in 2021.
- Latest value held
- $436mm year-end 2025
- Peak
- $514mm year-end 2021
- Fund size
- $18.1mm Form D, amount sold
- Held vs. size
- 24.10x peak 28.45x
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 | $436mm | 24.10x | +11% over 2 yrs |
| 2023 | $392mm | 21.68x | -8% |
| 2022 | $427mm | 23.59x | -17% |
| 2021 | $514mm | 28.45x | +270% |
| 2020 | $139mm | 7.70x | +0% |
| 2019 | $139mm | 7.70x | +10% |
| 2018 | $126mm | 6.97x | – |
Other funds from Notion Capital
- Notion Capital V SCSP 2021
- Notion Capital Opportunities Fund II LP 2020
- Notion Capital IV LP 2019
- Notion Capital Opportunities LP 2018
- Notion Capital 2 LP 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 805-7804679333. Data updated October 13, 2026.
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