Form D · Venture Capital Fund

Sinovation Fund III, L.P.

George Town, Grand Cayman, E9 · CIK 0001645050

Offering snapshot reported Oct 17, 2016 · SEC filing

Reported sold: $303M
Investors reported: 44
Minimum accepted: $0
First sale: Jul 7, 2015

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

Reported sold$207,733,146 → $302,780,898
Reported investors36 → 44

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Oct 17, 2016	Amendment	$302,780,898	$95,047,752vs Feb 18, 2016	44	SEC filing
Feb 18, 2016	Amendment	$207,733,146	No comparison	36	SEC filing
Jul 7, 2015	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.7
Duration over one year: No
Business combination: No

Sales commissions: $540K
Finders' fees: $0
Form D file number: 021-243167

Total Offering Amount and Total Amount Sold is inclusive of the GP's commitment.

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
N/A	None	BTIG, LLC [FUSION PARTNERS] · CRD 122225
Noah Holding (Hong Kong) Limited	None

Source: Form D, filed Oct 17, 2016. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

SINOVATION FUND III LP

Investment adviser: SINOVATION FUND MANAGEMENT III, L.P.

Gross asset value: $220M
Beneficial owners: 51
ADV minimum commitment: $0

Reported in Form ADV on Mar 31, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator LINNOVATE PARTNERS LIMITED HONG KONG, Hong Kong Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP GEORGE TOWN, Cayman Islands

Custodian SILICON VALLEY BANK SANTA CLARA, California, United States Related to adviser: No

Custodian THE HONGKONG SHANGHAI BANKING CORPORATION LIMITED HONG KONG, Hong Kong Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

DELOITTE & TOUCHE LLP
PCAOB 1096

Filing source

Form ADV 2085238 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-5004439100

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
Sinovation Fund III, L.P. (this fund)	Oct 17, 2016	$302,780,898	44
Sinovation Fund IV, L.P.	Mar 30, 2018	Yet to sell	0
Sinovation Fund V, L.P.	Nov 14, 2022	$203,142,536	18

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
Christoforos Evdaimon	Executive
Christine Lang	Executive
Kai Fu Lee	Director, Executive
Ning Tao	Executive
Hua Wang	Executive
Eagle Zhang	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

2 Nd Fl, Harbour Place 103 South Church Street
George Town, Grand Cayman, E9, KY1-1106