Freedom Partners No. 3, LLC is a private equity fund based in West Bloomfield, Michigan. According to its most recent Form D, filed Dec 10, 2025, it has sold $9,175,000 of interests to 9 investors since its first sale in Oct 2025. 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(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Keith Dabbs; Spring Arbor Group, LLC; Gregory Schupra.
- Total raised
- $9,175,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Oct 15, 2025
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Keith Dabbs; Spring Arbor Group, LLC; Gregory Schupra
- Latest Form D
- Dec 10, 2025
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 Freedom Partners No. 3, LLC
What is the minimum investment for Freedom Partners No. 3, LLC?
Freedom Partners No. 3, LLC's latest Form D, filed Dec 10, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Freedom Partners No. 3, LLC?
Freedom Partners No. 3, LLC 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Freedom Partners No. 3, LLC raised?
Freedom Partners No. 3, LLC reports $9,175,000 sold from 9 investors on its Form D filed Dec 10, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Freedom Partners No. 3, LLC based?
Freedom Partners No. 3, LLC is based in West Bloomfield, Michigan.
When did Freedom Partners No. 3, LLC launch?
Freedom Partners No. 3, LLC reports its first sale in Oct 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private equity fund
Raised more than 65% of the 89 private equity funds based in Michigan, and more than 41% of all 9,142 that report sales.