Qiming Venture Partners III Annex Fund, LP
Qiming Venture Partners · adviser of record: Qiming Cayman, LTD · 2015 vintage
Qiming Venture Partners III Annex Fund, LP is a 2015 venture fund managed by Qiming Venture Partners, with $75mm raised (Form D, amount sold). It reported $15mm in gross assets at year-end 2025, 0.20x its size, against a peak of $267mm in 2020.
- Latest value held
- $15mm year-end 2025
- Peak
- $267mm year-end 2020
- Fund size
- $75mm Form D, amount sold
- Held vs. size
- 0.20x peak 3.56x
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 | $15mm | 0.20x | -52% over 2 yrs |
| 2023 | $31mm | 0.41x | -44% |
| 2022 | $55.7mm | 0.74x | -59% |
| 2021 | $136mm | 1.81x | -49% |
| 2020 | $267mm | 3.56x | +72% |
| 2019 | $155mm | 2.07x | +25% |
| 2018 | $124mm | 1.66x | +23% |
| 2017 | $101mm | 1.34x | +21% |
| 2016 | $83mm | 1.11x | +12% |
| 2015 | $73.9mm | 0.99x | – |
Other funds from Qiming Venture Partners
- Qiming Venture Partners VIII, L.P. 2022
- Qiming Venture Partners VIII-HC, L.P. 2022
- Qiming VIII Strategic Investors Fund, L.P. 2022
- Qiming Venture Partners VII, L.P. 2019
- Qiming VII Strategic Investors Fund, L.P. 2019
- Qiming Venture Partners VI, LP 2018
- Qiming Managing Directors Fund VI, LP 2018
- Qiming Venture Partners V, LP 2015
- Qiming Managing Directors Fund V, LP 2015
- Qiming Venture Partners IV, LP 2013
- Qiming Managing Directors Fund IV, LP 2013
- Qiming Venture Partners II, LP 2011
All Qiming 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 805-2489204326. Data updated October 13, 2026.
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