Form D · Other Investment Fund

Angel Oak Real Estate Investment Fund III-C LLC

Atlanta, GA · CIK 0001849520

Offering snapshot reported Mar 13, 2023 · SEC filing

Reported sold: $173M
Investors reported: 14
Minimum accepted: $1M
First sale: Jan 31, 2022

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 sold$149,500,000 → $172,999,999
Reported investors11 → 14

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Mar 13, 2023	Amendment	$172,999,999	$23,499,999vs Mar 16, 2022	14	SEC filing
Mar 16, 2022	Amendment	$149,500,000	No comparison	11	SEC filing
Mar 17, 2021	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

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

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-392537

Source: Form D, filed Mar 13, 2023. 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

ANGEL OAK REAL ESTATE INVESTMENT FUND III-C LLC

Investment adviser: ANGEL OAK CAPITAL ADVISORS, LLC

Gross asset value: $78.3M
Beneficial owners: 10
ADV minimum commitment: $1M

Reported in Form ADV on Mar 31, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP NEW YORK, New York, United States

Custodian FIRST HORIZON BANK MEMPHIS, Tennessee, United States Related to adviser: No

Custodian U.S. BANK NATIONAL ASSOCIATION MILWAUKEE, Wisconsin, United States Related to adviser: No

Provider details

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

KPMG LLP
PCAOB 185

FIRST HORIZON BANK
LEI COOWI3L2W9TPYR3WJX37

U.S. BANK NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

Filing source

Form ADV 2077983 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-4798659416

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

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
Dory Black	Executive
Michael Fierman	Executive
Sreeni Prabhu	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

3344 Peachtree Road Ne Suite 1725
Atlanta, GA, 30326