AltMountain

Banneker Partners Fund Ill, L.P.

San Francisco, CA · CIK 2057550

Banneker Partners Fund Ill, L.P. is a private equity fund based in San Francisco, California. According to its most recent Form D, filed Feb 24, 2026, it has sold $603,100,000 of interests to 109 investors since its first sale in Feb 2025. 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 Matthew McDonald; Daniel Verburg; Terrance Bei.

Total raised
$603,100,000Cumulative sales reported on Form D
Investors
109
First sale
Feb 28, 2025
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
Matthew McDonald; Daniel Verburg; Terrance Bei
Latest Form D
Feb 24, 2026

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 Banneker Partners Fund Ill, L.P.

What is the minimum investment for Banneker Partners Fund Ill, L.P.?

Banneker Partners Fund Ill, L.P.'s latest Form D, filed Feb 24, 2026, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Banneker Partners Fund Ill, L.P.?

Banneker Partners Fund Ill, L.P. 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 Banneker Partners Fund Ill, L.P. raised?

Banneker Partners Fund Ill, L.P. reports $603,100,000 sold from 109 investors on its Form D filed Feb 24, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is Banneker Partners Fund Ill, L.P. based?

Banneker Partners Fund Ill, L.P. is based in San Francisco, California.

When did Banneker Partners Fund Ill, L.P. launch?

Banneker Partners Fund Ill, L.P. reports its first sale in Feb 2025.

Size compared with every private equity fund

Raised more than 96% of the 1,777 private equity funds based in California, and more than 91% of all 9,142 that report sales.

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