Telescope Partners III, L.P.
Telescope Partners · adviser of record: Telescope Partners LLC · 2023 vintage
Telescope Partners III, L.P. is a 2023 venture fund managed by Telescope Partners, with $270mm raised (Form D, amount sold). It reported $297mm in gross assets at year-end 2025, 1.10x its size, its highest reported value.
- Latest value held
- $297mm year-end 2025
- Peak
- $297mm year-end 2025
- Fund size
- $270mm Form D, amount sold
- Held vs. size
- 1.10x peak 1.10x
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 | $297mm | 1.10x | +8% over 2 yrs |
| 2023 | $274mm | 1.01x | – |
Other funds from Telescope Partners
- Telescope Partners SP III, L.P. 2023
- Telescope Partners Me, LLC 2022
- Telescope Partners Be, LLC 2022
- Telescope HE Investor II, LLC 2021
- Telescope Partners SP II, LP 2021
- Telescope Partners II, L.P. 2020
- Telescope HE Investor, LLC 2019
- Telescope Partners SP I, LP 2018
- Telescope Partners I, L.P. 2016
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 805-6390179247. Data updated October 13, 2026.
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