Primary Select Fund III, L.P.

Primary Venture Partners · adviser of record: Primary Venture Management, LLC · 2022 vintage

Primary Select Fund III, L.P. is a 2022 venture fund managed by Primary Venture Partners, with $275mm raised (Form D, amount sold). It reported $315mm in gross assets at year-end 2025, 1.15x its size, its highest reported value.

Latest value held

$315mm year-end 2025

Peak

$315mm year-end 2025

Fund size

$275mm Form D, amount sold

Held vs. size

1.15x peak 1.15x

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

What registered funds report

From SEC Form N-PORT, filed by mutual funds and other registered funds that hold an interest in this fund.

Other funds from Primary Venture Partners

• PVP Fund IV, L.P. 2022
• PVP ZI SPV 2, LLC 2022
• Primary Select Fund II, L.P. 2021
• PVP ZI SPV, LLC 2021
• PVP Fund III, L.P. 2020
• Primary Select Fund I, L.P. 2019
• PVP Fund I Barron SPV, LLC 2018
• PVP Fund II, LP 2017
• Arrive PVP, LLC 2017
• PVP Fund I-A, L.P. 2015
• High Peaks Ventures NY, L.P. 2011
• High Peaks Ventures, L.P. 2011

All Primary Venture Partners funds

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 805-3774223179. Data updated October 13, 2026.