Form D · Private Equity Fund

African Development Partners III L.P.

St Peter Port, Y7 · CIK 0001777840

Offering snapshot reported Dec 4, 2020 · SEC filing

Reported sold: $475M
Investors reported: 23
Minimum accepted: $0
First sale: Jun 6, 2019

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

Reported investors0 → 23

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Dec 4, 2020	Amendment	$474,500,000	No comparison	23	SEC filing
Dec 5, 2019	Amendment	$354,350,000	No comparison	19	SEC filing
May 28, 2019	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Equity, Pooled investment fund
Exemptions: 06b, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $1M (estimated)
Finders' fees: $2M (estimated)
Form D file number: 021-340472

Park Hill Group is no longer registered as a placement agent, has not placed any investors to date and has merged with PJT Partners LP, the surviving entity, effective Sept 1, 2020.

Sales compensation recipients

Scroll to see all columns →

Recipient	CRD	Associated broker-dealer
Not Applicable	None	PJT Partners LP · CRD 171058

Source: Form D, filed Dec 4, 2020. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

AFRICAN DEVELOPMENT PARTNERS III L.P.

Investment adviser: DEVELOPMENT PARTNERS INTERNATIONAL LLP

Gross asset value: $747M
Beneficial owners: 34
ADV minimum commitment: $5M

Reported in Form ADV on Jul 2, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator IQEQ GUERNSEY ST PETER PORT, Guernsey Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG CHANNEL ISLANDS LIMITED ST PETER PORT, Guernsey

Custodian BARCLAYS BANK PLC, GUERNSEY BRANCH ST PETER PORT, Guernsey Related to adviser: No

Marketer PJT PARTNERS LP NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

BARCLAYS BANK PLC, GUERNSEY BRANCH
LEI 1026167

PJT PARTNERS LP
CRD 171058 · SEC 8-69442

Filing source

Form ADV 2110012 · Jul 2, 2026 · Schedule D 7.B.(1), fund 805-7988373543

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
African Development Partners II L.P.	Jul 23, 2014	$412,600,000	9
African Development Partners III L.P. (this fund)	Dec 4, 2020	$474,500,000	23
African Development Partners IV L.P.	Jun 16, 2026	$11,000,000	2

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
None Adp Iii Gp Limited	Promoter
Trudi Clark	Director
Gavin Davies	Director
Melanie Duquemin	Director
Rosemary Anne Fletcher	Director
Bernard Reginald Le Marchant Lawrence	Director
Sarah Anne Shackleton	Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

Martello Court Admiral Park
St Peter Port, Y7, GY1 3HB