III Absolute Return Fund LLC
III Absolute Return Fund LLC is a hedge fund organized in Delaware, United States and advised by III Capital Management. Its adviser reported $13,510,000,673 in gross assets for the fund on Form ADV, filed Aug 16, 2024. It reported 2 beneficial owners, about 99% 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.
- Gross assets
- $13,510,000,673As reported on Form ADV
- Beneficial owners
- 2
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Hedge fund
- Domicile
- Delaware, United States
- Auditor
- Ernst & Young LLP
- Administrator
- Ss&c Financial Services LLC
- Prime broker
- National Financial Services LLC; State Street Global Markets, LLC; Citigroup Global Markets Inc.
- Custodian
- Citigroup Global Markets Inc.; National Financial Services LLC; State Street Global Markets, LLC; The Bank of New York Mellon
- Adviser
- III Capital Management · Boca Raton, FL · CRD 113539
- Reported on
- Aug 16, 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 III Absolute Return Fund LLC
What is the minimum investment for III Absolute Return Fund LLC?
According to its adviser's Form ADV filed Aug 16, 2024, the minimum investment III Absolute Return Fund LLC accepts is $1,000,000.
Who can invest in III Absolute Return Fund LLC?
III Absolute Return Fund 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 III Absolute Return Fund LLC?
Its adviser reported $13,510,000,673 in gross assets on Form ADV filed Aug 16, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages III Absolute Return Fund LLC?
III Absolute Return Fund LLC is advised by III Capital Management, based in Boca Raton, FL.
Who are III Absolute Return Fund LLC's service providers?
Its Form ADV lists Ernst & Young LLP as auditor and Ss&c Financial Services LLC as administrator.