Founders Fund III LP
Founders Fund III LP is a private investment fund based in San Francisco, California. According to its most recent Form D, filed Jul 20, 2010, it has sold $188,160,296 of interests to 37 investors since its first sale in Feb 2010. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. Related persons named in the filing include The Founders Fund III Management, LLC; Peter Thiel; Ken Howery.
- Total raised
- $188,160,296Cumulative sales reported on Form D
- Investors
- 37
- First sale
- Feb 19, 2010
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Other exemption
- Key people and entities
- The Founders Fund III Management, LLC; Peter Thiel; Ken Howery
- Latest Form D
- Jul 20, 2010
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 Founders Fund III LP
What is the minimum investment for Founders Fund III LP?
Founders Fund III LP's latest Form D, filed Jul 20, 2010, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Founders Fund III LP?
Founders Fund 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 much has Founders Fund III LP raised?
Founders Fund III LP reports $188,160,296 sold from 37 investors on its Form D filed Jul 20, 2010. This is cumulative sales since the offering began, not current assets or performance.
Where is Founders Fund III LP based?
Founders Fund III LP is based in San Francisco, California.
When did Founders Fund III LP launch?
Founders Fund III LP reports its first sale in Feb 2010.
Size compared with every private investment fund
Raised more than 87% of the 1,719 private investment funds based in California, and more than 78% of all 10,333 that report sales.