AltMountain

Fairgrounds Ventures III LP

Houston, TX · CIK 2010582
Status: no Form D since Feb 2024. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Fairgrounds Ventures III LP is a real estate fund based in Houston, Texas. According to its most recent Form D, filed Feb 12, 2024, it has sold $1,327,000 of interests to 20 investors since its first sale in Dec 2023. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Fairgrounds Ventures III, LLC; Brady Carruth; Franklin Jones.

Total raised
$1,327,000Cumulative sales reported on Form D
Investors
20
First sale
Dec 12, 2023
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Fairgrounds Ventures III, LLC; Brady Carruth; Franklin Jones
Latest Form D
Feb 12, 2024

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 Fairgrounds Ventures III LP

What is the minimum investment for Fairgrounds Ventures III LP?

Fairgrounds Ventures III LP's latest Form D, filed Feb 12, 2024, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Fairgrounds Ventures III LP?

Fairgrounds Ventures III LP is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has Fairgrounds Ventures III LP raised?

Fairgrounds Ventures III LP reports $1,327,000 sold from 20 investors on its Form D filed Feb 12, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is Fairgrounds Ventures III LP based?

Fairgrounds Ventures III LP is based in Houston, Texas.

When did Fairgrounds Ventures III LP launch?

Fairgrounds Ventures III LP reports its first sale in Dec 2023.

Size compared with every real estate fund

Raised more than 54% of the 1,421 real estate funds based in Texas, and more than 38% of all 7,337 that report sales.

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