Shunwei China Internet Opportunity Fund III, L.P.
Momentum Capital Partners Fund · adviser of record: Momentum Capital Partners Fund IV Advisor Limited · 2018 vintage
Shunwei China Internet Opportunity Fund III, L.P. is a 2018 venture fund managed by Momentum Capital Partners Fund, with $600mm raised (Form D, amount sold). It reported $928mm in gross assets at year-end 2025, 1.55x its size, against a peak of $976mm in 2022.
- Latest value held
- $928mm year-end 2025
- Peak
- $976mm year-end 2022
- Fund size
- $600mm Form D, amount sold
- Held vs. size
- 1.55x peak 1.63x
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 | $928mm | 1.55x | -4% over 2 yrs |
| 2023 | $971mm | 1.62x | -0% |
| 2022 | $976mm | 1.63x | +11% |
| 2021 | $881mm | 1.47x | +27% |
| 2020 | $695mm | 1.16x | +13% |
| 2019 | $615mm | 1.02x | +2% |
| 2018 | $605mm | 1.01x | – |
Other funds from Momentum Capital Partners Fund
- Shunwei China Internet Opportunity Fund IV, L.P. 2021
- Shunwei China Internet Fund V, L.P. 2021
- SWC Global Fund, L.P. 2021
- Shunwei China Internet Fund IV, L.P. 2018
All Momentum Capital Partners Fund 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 805-9908813047. Data updated October 13, 2026.
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