Thurston Fund III (QP), LP is a private equity fund based in Chicago, Illinois. According to its most recent Form D, filed Feb 26, 2025, it has sold $93,163,946 of interests to 111 investors since its first sale in Feb 2023. 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 Dana Fender; Patrick Haynes, III; Thurston Fund III GP, LLC.
- Total raised
- $93,163,946Cumulative sales reported on Form D
- Investors
- 111
- First sale
- Feb 22, 2023
- 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
- Dana Fender; Patrick Haynes, III; Thurston Fund III GP, LLC
- Latest Form D
- Feb 26, 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 Thurston Fund III (QP), LP
What is the minimum investment for Thurston Fund III (QP), LP?
Thurston Fund III (QP), LP's latest Form D, filed Feb 26, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Thurston Fund III (QP), LP?
Thurston Fund III (QP), LP 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 Thurston Fund III (QP), LP raised?
Thurston Fund III (QP), LP reports $93,163,946 sold from 111 investors on its Form D filed Feb 26, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Thurston Fund III (QP), LP based?
Thurston Fund III (QP), LP is based in Chicago, Illinois.
When did Thurston Fund III (QP), LP launch?
Thurston Fund III (QP), LP reports its first sale in Feb 2023.
Size compared with every private equity fund
Raised more than 71% of the 491 private equity funds based in Illinois, and more than 72% of all 9,142 that report sales.