Al Adef III, LP is a real estate fund based in Houston, Texas. According to its most recent Form D, filed Jul 23, 2018, it has sold $10,000,000 of interests to 8 investors since its first sale in Jul 2018. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include David Andrew; Steve Oldham.
- Total raised
- $10,000,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Jul 17, 2018
- Minimum investment
- $100,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- David Andrew; Steve Oldham
- Latest Form D
- Jul 23, 2018
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Al Adef III, LP
What is the minimum investment for Al Adef III, LP?
According to its latest Form D, filed Jul 23, 2018, the minimum investment Al Adef III, LP accepts from an outside investor is $100,000.
Who can invest in Al Adef III, LP?
Al Adef III, LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Al Adef III, LP raised?
Al Adef III, LP reports $10,000,000 sold from 8 investors on its Form D filed Jul 23, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Al Adef III, LP based?
Al Adef III, LP is based in Houston, Texas.
When did Al Adef III, LP launch?
Al Adef III, LP reports its first sale in Jul 2018.
Size compared with every real estate fund
Raised more than 85% of the 1,414 real estate funds based in Texas, and more than 78% of all 7,321 that report sales.