Private Equity III, LLC
Private Equity III, LLC is a private equity fund organized in Delaware, United States and advised by SCS Capital Management LLC. Its adviser reported $292,808,658 in gross assets for the fund on Form ADV, filed Jul 12, 2024. It reported 191 beneficial owners, about 1% of it owned by non-U.S. persons. The minimum investment it accepts is $1,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. It invests in other private funds (a fund of funds).
- Gross assets
- $292,808,658As reported on Form ADV
- Beneficial owners
- 191
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Private equity fund
- Domicile
- Delaware, United States
- Auditor
- Mayer Hoffman McCann P.C.
- Administrator
- Alps Alternative Investment Services, LLC
- Custodian
- First Republic Bank; Manufacturers and Traders Trust Company; FNZ Trust Company
- Adviser
- SCS Capital Management LLC · Boston, MA · CRD 122258
- Reported on
- Jul 12, 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 Private Equity III, LLC
What is the minimum investment for Private Equity III, LLC?
According to its adviser's Form ADV filed Jul 12, 2024, the minimum investment Private Equity III, LLC accepts is $1,000,000.
Who can invest in Private Equity III, LLC?
Private Equity III, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7).
How large is Private Equity III, LLC?
Its adviser reported $292,808,658 in gross assets on Form ADV filed Jul 12, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Private Equity III, LLC?
Private Equity III, LLC is advised by SCS Capital Management LLC, based in Boston, MA.
Who are Private Equity III, LLC's service providers?
Its Form ADV lists Mayer Hoffman McCann P.C. as auditor and Alps Alternative Investment Services, LLC as administrator.