Shasta Ventures III, L.P.
Shasta Ventures · adviser of record: Shasta Ventures Management, LLC · 2011 vintage
Shasta Ventures III, L.P. is a 2011 venture fund managed by Shasta Ventures, with $265mm raised (Form D, amount sold). It reported $49.2mm in gross assets at year-end 2025, 0.19x its size, against a peak of $661mm in 2021.
- Latest value held
- $49.2mm year-end 2025
- Peak
- $661mm year-end 2021
- Fund size
- $265mm Form D, amount sold
- Held vs. size
- 0.19x peak 2.50x
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 | $49.2mm | 0.19x | -80% over 2 yrs |
| 2023 | $248mm | 0.93x | -39% |
| 2022 | $405mm | 1.53x | -39% |
| 2021 | $661mm | 2.50x | +93% |
| 2020 | $342mm | 1.29x | +21% |
| 2019 | $282mm | 1.07x | -4% |
| 2018 | $295mm | 1.11x | -8% |
| 2017 | $319mm | 1.20x | +1% |
| 2016 | $316mm | 1.19x | +47% |
| 2015 | $215mm | 0.81x | +0% |
| 2014 | $215mm | 0.81x | -17% |
| 2013 | $259mm | 0.98x | +0% |
| 2012 | $259mm | 0.98x | -2% |
| 2011 | $265mm | 1.00x | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| CalSTRS | 2025-06-30 | $26.5mm | 1.36x | 1.88x | 0.52x |
Latest report from each pension, as multiples of paid-in capital. Michigan reports dollar value held, shown under Still held.
Other funds from Shasta Ventures
- Shasta HS 2021, L.P. 2021
- Shasta TRL 2021, L.P. 2021
- Shasta Ventures V, L.P. 2016
- Shasta Ventures IV, LP 2014
- Shasta Ventures II, L.P. 2011
- Shasta Ventures, L.P. 2011
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 805-7724036290. Data updated October 13, 2026.
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