Updata Partners III. L.P.
Updata Partners · adviser of record: Updata Management, LLC · 2011 vintage
Updata Partners III. L.P. is a 2011 venture fund managed by Updata Partners. It reported $10.3mm in gross assets at year-end 2025, against a peak of $161mm in 2012.
- Latest value held
- $10.3mm year-end 2025
- Peak
- $161mm year-end 2012
- Fund size
- Not on file
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $10.3mm | – | -33% over 2 yrs |
| 2023 | $15.4mm | – | +1% |
| 2022 | $15.3mm | – | -14% |
| 2021 | $17.8mm | – | -38% |
| 2020 | $28.8mm | – | -1% |
| 2019 | $29.2mm | – | -5% |
| 2018 | $30.7mm | – | -19% |
| 2017 | $37.9mm | – | -39% |
| 2016 | $61.9mm | – | -41% |
| 2015 | $105mm | – | -9% |
| 2014 | $115mm | – | -15% |
| 2013 | $135mm | – | -16% |
| 2012 | $161mm | – | +5% |
| 2011 | $153mm | – | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| University of California | 2021-06-30 | $25mm | 1.55x | 1.55x | 0.00x |
Latest report from each pension, as multiples of paid-in capital. Michigan reports dollar value held, shown under Still held.
Other funds from Updata Partners
- Updata Ultimo CO-Investment, L.P. 2023
- Updata Partners VII, L.P. 2021
- Updata Partners VI, L.P. 2018
- Updata Partners V, L.P. 2013
- Updata Partners IV, L.P. 2011
- Updata Venture Partners II, 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 805-3110272010. Data updated October 13, 2026.
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