Audax Direct Lending Solutions Fund III-B Feeder, LLC is a private equity fund based in Boston, Massachusetts. According to its most recent Form D, filed Dec 17, 2025, it has sold $515,740,000 of interests to 43 investors since its first sale in Dec 2024. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Kevin Magid; Steven Ruby; Rahman Vahabzadeh.
- Total raised
- $515,740,000Cumulative sales reported on Form D
- Investors
- 43
- First sale
- Dec 19, 2024
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Kevin Magid; Steven Ruby; Rahman Vahabzadeh
- Latest Form D
- Dec 17, 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 Audax Direct Lending Solutions Fund III-B Feeder, LLC
What is the minimum investment for Audax Direct Lending Solutions Fund III-B Feeder, LLC?
Audax Direct Lending Solutions Fund III-B Feeder, LLC's latest Form D, filed Dec 17, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Audax Direct Lending Solutions Fund III-B Feeder, LLC?
Audax Direct Lending Solutions Fund III-B Feeder, 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). It uses Rule 506(b), which does not allow general advertising.
How much has Audax Direct Lending Solutions Fund III-B Feeder, LLC raised?
Audax Direct Lending Solutions Fund III-B Feeder, LLC reports $515,740,000 sold from 43 investors on its Form D filed Dec 17, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Audax Direct Lending Solutions Fund III-B Feeder, LLC based?
Audax Direct Lending Solutions Fund III-B Feeder, LLC is based in Boston, Massachusetts.
When did Audax Direct Lending Solutions Fund III-B Feeder, LLC launch?
Audax Direct Lending Solutions Fund III-B Feeder, LLC reports its first sale in Dec 2024.
Size compared with every private equity fund
Raised more than 92% of the 464 private equity funds based in Massachusetts, and more than 90% of all 9,142 that report sales.
Other funds with the same team
- Audax Private Credit Fund, LLC$644M
- Audax Direct Lending Solutions Fund III-A, L.P.$635M
- Audax Direct Lending Solutions Fund III-A Rated Feeder, L.P.$544M
- Audax Direct Lending Solutions Fund III-B, L.P.$458M
- Audax Direct Lending Solutions Fund III B-1 Feeder, LLC$239M
- Audax Direct Lending Solutions Fund III-C Rated Feeder, L.P.$192M
- Audax Direct Lending Solutions Fund III-C, L.P.$46.0M
- Audax Direct Lending Solutions Fund III B-1, L.P.$29.5M