Summary
Moonfare SPV 3 LP (TCV XII) is a $5,500,000,000 equity offering in Menlo Park, CA listed on Moonfare.
The issuer is Moonfare SPV 3 LP.
The offering carries a 20% carried interest, and a minimum investment of $125,000.
The feeder invests in TCV XII, a crossover growth equity b2b b2c technology fund managed by TCV (Technology Crossover Ventures) of Menlo Park, CA, USA, with a 10+1+1-year fund life and a 6-year investment period.
Terms shown here are drawn from website disclosures and were captured by AltStreet on 2026-06-04. Figures are as disclosed at the time of the offering and are not updated for subsequent performance.
Disclosed Terms
- Offering amount
- $5,500,000,000
- Target hold period
- 120 months
- Structure
- Feeder Fund
- Carried interest
- 20%
- Minimum investment
- $125,000
- Distribution frequency
- Capital Calls Quarterly Distributions Per Target Fund Schedule
- Tax document
- K1
- Status
- Funding closed
- Issuing entity
- Moonfare SPV 3 LP
- Lockup
- 120 months
- Target fund
- TCV XII
- Strategy
- Crossover Growth Equity B2b B2c Technology
- Geography
- Global Predominantly North America
- Sectors
- Information Technology
- Fund life
- 10+1+1 years
- Investment period
- 6 years
- Fund closing
- Q4 2022
- General partner
- TCV (Technology Crossover Ventures)
- GP headquarters
- Menlo Park, CA, USA
- Feeder vehicle
- Moonfare SPV 3 LP (US limited partnership (SPV))
- Feeder minimum
- $125,000
Terms as disclosed at the time of the offering. AltStreet does not update these figures for subsequent performance, and a disclosed rate is not a realized return.
Where It Sits in Moonfare's Book
Hold period
120 mo
Above 2% of peers, median 120 mo. Low for the book.
Compared against 0 other Moonfare private equity offerings with a disclosed rate. 12 of them are in CA. A percentile places a disclosed term, not a result. Browse the full Moonfare book.
Terminal Analysis
Terminal analysis for this offering
Terminal access unlocks 59 comparable offerings side by side.
Access full researchQuestions About This Offering
What is Moonfare SPV 3 LP (TCV XII)?
Moonfare SPV 3 LP (TCV XII) is a $5,500,000,000 equity offering in Menlo Park, CA listed on Moonfare. The issuer is Moonfare SPV 3 LP. The offering carries a 20% carried interest, and a minimum investment of $125,000.
Who is the issuer of Moonfare SPV 3 LP (TCV XII)?
The securities are issued by Moonfare SPV 3 LP.
What does Moonfare SPV 3 LP (TCV XII) invest in?
The feeder commits capital to TCV XII, managed by TCV (Technology Crossover Ventures), a crossover growth equity b2b b2c technology strategy focused on Global Predominantly North America across information technology. The target fund's closing is stated as Q4 2022. Investors hold interests in Moonfare SPV 3 LP (US limited partnership (SPV)), not in the target fund directly.
What is the minimum investment for Moonfare SPV 3 LP (TCV XII)?
The disclosed minimum is $125,000. Eligibility, availability, and the current status of this offering are determined by Moonfare, not by AltStreet.
Is Moonfare SPV 3 LP (TCV XII) still open to investors?
AltStreet's record shows the offering as funding closed. AltStreet tracks this offering from platform disclosures, last captured 2026-06-04. Offering status changes without a corresponding filing in many cases, so current availability should be confirmed directly with Moonfare before acting.
Related Offerings on Moonfare
Access A106 SCSp (Khosla Ventures Fund IX & Opportunity III)
Menlo Park, CA · Private Equity
Moonfare Series Fund I LLC Series B (a16z LSV Fund V)
Menlo Park, CA · Private Equity
Moonfare Feeder 15 SCSp (Silver Lake Partners VI)
Menlo Park, CA · Private Equity
Moonfare Feeder 18 SCSp (IVP Fund XVII)
Menlo Park, CA · Private Equity
Moonfare Feeder A31 SCSp (DFJ Growth IV)
Menlo Park, CA · Private Equity
Moonfare Feeder A32 SCSp (Khosla VII & Opportunity I)
Menlo Park, CA · Private Equity
Moonfare Feeder 10 SCS (Permira VII)
London · Private Equity
Moonfare Feeder 12 SCS (Apax X)
London · Private Equity
Moonfare Feeder A36 SCSp (Linden V & Co-Investment V)
Chicago, IL · Private Equity
Moonfare Core Portfolio I SCSp (Moonfare Core I)
Luxembourg · Private Equity
Moonfare Feeder A37 SCSp (Summit Partners Growth Equity XI)
Boston, MA · Private Equity
Moonfare A35 SCSp (Insight Partners XII & Buyout Annex Fund)
New York, NY · Private Equity
Moonfare Feeder A33 SCSp (Goodwater IV & Infinity II)
Burlingame, CA · Private Equity
Moonfare Feeder 13 SCS (Founders Fund Growth)
San Francisco, CA · Private Equity
Moonfare Feeder 14 SCS (CVC Growth Partners II)
London · Private Equity
Moonfare Feeder A24 SCSp (Genstar Fund X)
San Francisco, CA · Private Equity
Moonfare Feeder A20 SCSp (EQT Infrastructure V)
Stockholm · Private Equity
Moonfare Feeder 3 SCS (Carlyle Partners VII)
Washington, DC · Private Equity
Moonfare Feeder 7 SCS (KKR NGT II)
New York, NY · Private Equity
Moonfare Feeder 1 SCS (EQT Mid-Market Asia III)
Stockholm · Private Equity
Moonfare Feeder 2 SCS (EQT VIII)
Stockholm · Private Equity
Moonfare Feeder 4 SCS (Oakley IV)
London · Private Equity
Moonfare Feeder A23 SCSp (Foresite Fund V)
San Francisco, CA · Private Equity
Moonfare Feeder 16 SCSp (Vista Foundation IV)
Austin, TX · Private Equity
Private Equity offerings on other platforms
iCapital-Lexington Co-Investment Partners VI Access Fund, L.P.
iCapital
Napier Park Eton US Access Fund, L.P.
iCapital
Greenberrys Coffee Roasters
StartEngine
USVC Select 3, a series of Ventureboom, LP
AngelList
Vital Ventures Growth V-01 a series of Allocations 2026 Mast
AngelList
Calm Company Fund LLC
Wefunder
Mivium, Inc. Regulation A offering (2023)
Equifund
Naoris Quantum Protocol Inc. Regulation A offering (2026)
Equifund
All Moonfare offerings →All private equity offerings →