Venture fund · from SEC filings

The Column Group Opportunity III LP

The Column Group · adviser of record: The Column Group Management LP · 2022 vintage

The Column Group Opportunity III LP is a 2022 venture fund managed by The Column Group, with $600mm raised (Form D, amount sold). It reported $489mm in gross assets at year-end 2025, 0.82x its size, against a peak of $652mm in 2023.

Latest value held: $489mm year-end 2025
Peak: $652mm year-end 2023
Fund size: $600mm Form D, amount sold
Held vs. size: 0.82x peak 1.09x

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	$489mm	0.82x	-25% over 2 yrs
2023	$652mm	1.09x	+8%
2022	$602mm	1.00x	–

What public pensions report

Investor	As of	Commitment	Cash back (DPI)	Total (TVPI)	Still held
Rhode Island ERSRI	2026-03-31	$12.5mm	0.24x	0.95x	0.70x

Latest report from each pension, as multiples of paid-in capital. Michigan reports dollar value held, shown under Still held.

Other funds from The Column Group

All The Column Group 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 805-1711364287. Data updated October 13, 2026.

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