The Social+Capital Partnership Principals Fund III, LP
Social Capital · adviser of record: The Social+Capital Partnership LLC · 2015 vintage
The Social+Capital Partnership Principals Fund III, LP is a 2015 venture fund managed by Social Capital, with $60mm raised (Form D target). It reported $117mm in gross assets at year-end 2025, 1.95x its size, against a peak of $132mm in 2021.
- Latest value held
- $117mm year-end 2025
- Peak
- $132mm year-end 2021
- Fund size
- $60mm Form D target
- Held vs. size
- 1.95x peak 2.19x
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 | $117mm | 1.95x | +36% over 2 yrs |
| 2023 | $86.1mm | 1.44x | +1% |
| 2022 | $85.3mm | 1.42x | -35% |
| 2021 | $132mm | 2.19x | +31% |
| 2020 | $101mm | 1.68x | +44% |
| 2019 | $69.9mm | 1.16x | +30% over 2 yrs |
| 2017 | $53.8mm | 0.90x | +16% |
| 2016 | $46.2mm | 0.77x | +308% |
| 2015 | $11.3mm | 0.19x | – |
Other funds from Social Capital
- The Social+Capital Partnership Opportunities Fund II, LP 2018
- The Social+Capital Partnership III, L.P. 2015
- The Social+Capital Partnership Opportunities Fund, LP 2015
- The Social+Capital Partnership II, L.P. 2013
- The Social+Capital Partnership Principals Fund II, LP 2013
- The Social+Capital Partnership, L.P. 2011
- The Social+Capital Partnership Principals Fund, LP 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 805-1218779060. Data updated October 13, 2026.
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