Frazier Fund III, LP is a venture capital fund based in Lehi, Utah. According to its most recent Form D, filed Jun 4, 2020, it has sold $30,575,000 of interests to 52 investors since its first sale in May 2020. 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. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Frazier Fund III GP, LLC; Scott Frazier; David Frazier.
- Total raised
- $30,575,000Cumulative sales reported on Form D
- Investors
- 52
- First sale
- May 22, 2020
- Minimum investment
- None set
- 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
- Frazier Fund III GP, LLC; Scott Frazier; David Frazier
- Latest Form D
- Jun 4, 2020
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 Frazier Fund III, LP
What is the minimum investment for Frazier Fund III, LP?
Frazier Fund III, LP's latest Form D, filed Jun 4, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Frazier Fund III, LP?
Frazier 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). It uses Rule 506(b), which does not allow general advertising.
How much has Frazier Fund III, LP raised?
Frazier Fund III, LP reports $30,575,000 sold from 52 investors on its Form D filed Jun 4, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Frazier Fund III, LP based?
Frazier Fund III, LP is based in Lehi, Utah.
When did Frazier Fund III, LP launch?
Frazier Fund III, LP reports its first sale in May 2020.
Size compared with every venture capital fund
Raised more than 83% of the 115 venture capital funds based in Utah, and more than 94% of all 14,829 that report sales.