Compound III, LP
Compound III, LP is a venture capital fund organized in Delaware, United States and advised by Compound Advisors, LLC. Its adviser reported $253,672,187 in gross assets for the fund on Form ADV, filed Mar 26, 2024. It reported 68 beneficial owners, about 7% of it owned by non-U.S. persons. The minimum investment it accepts is $1,000,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $253,672,187As reported on Form ADV
- Beneficial owners
- 68
- Minimum investment
- $1,000,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Auditor
- RSM US LLP
- Administrator
- TMF Fund Services North America LLC
- Custodian
- First-Citizens Bank & Trust Company; Morgan Stanley & Co. LLC
- Adviser
- Compound Advisors, LLC · New York, NY · CRD 165300
- Reported on
- Mar 26, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Compound III, LP
What is the minimum investment for Compound III, LP?
According to its adviser's Form ADV filed Mar 26, 2024, the minimum investment Compound III, LP accepts is $1,000,000.
Who can invest in Compound III, LP?
Compound 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).
How large is Compound III, LP?
Its adviser reported $253,672,187 in gross assets on Form ADV filed Mar 26, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Compound III, LP?
Compound III, LP is advised by Compound Advisors, LLC, based in New York, NY.
Who are Compound III, LP's service providers?
Its Form ADV lists RSM US LLP as auditor and TMF Fund Services North America LLC as administrator.