Butterfly Fund III, LP
Butterfly Fund III, LP is a private equity fund based in Beverly Hills, California. According to its most recent Form D, filed Nov 22, 2021, it has sold $242,300,000 of interests to 16 investors since its first sale in Dec 2020. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Dustin Beck; Adam Waglay.
- Total raised
- $242,300,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Dec 3, 2020
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Dustin Beck; Adam Waglay
- Latest Form D
- Nov 22, 2021
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 Butterfly Fund III, LP
What is the minimum investment for Butterfly Fund III, LP?
Butterfly Fund III, LP's latest Form D, filed Nov 22, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Butterfly Fund III, LP?
Butterfly Fund III, LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Butterfly Fund III, LP raised?
Butterfly Fund III, LP reports $242,300,000 sold from 16 investors on its Form D filed Nov 22, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Butterfly Fund III, LP based?
Butterfly Fund III, LP is based in Beverly Hills, California.
When did Butterfly Fund III, LP launch?
Butterfly Fund III, LP reports its first sale in Dec 2020.
Size compared with every private equity fund
Raised more than 92% of the 1,740 private equity funds based in California, and more than 83% of all 8,896 that report sales.