Form D · Other Investment Fund

Angel Oak Real Estate Investment Fund III, LP

Atlanta, GA · CIK 0001883294

Offering snapshot reported Sep 19, 2023 · SEC filing

Reported sold: $308M
Investors reported: 21
Minimum accepted: $1M
First sale: Jul 31, 2021

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$307,636,500 → $307,717,500
Reported investors20 → 21

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Sep 19, 2023	Amendment	$307,717,500	$81,000vs Sep 20, 2022	21	SEC filing
Sep 20, 2022	Amendment	$307,636,500	$57,606,500vs Sep 21, 2021	20	SEC filing
Sep 21, 2021	Initial	$250,030,000	No comparison	2	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: 021-414044

Source: Form D, filed Sep 19, 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, LP

Investment adviser: ANGEL OAK CAPITAL ADVISORS, LLC

Gross asset value: $1.36B
Beneficial owners: 22
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 U.S. BANK GLOBAL FUND SERVICES, LLC MILWAUKEE, Wisconsin, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP NEW YORK, New York, United States

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

Custodian WILMINGTON SAVINGS FUND SOCIETY, FSB WILMINGTON, Delaware, United States Related to adviser: No

Custodian WILMINGTON TRUST COMPANY WILMINGTON, Delaware, United States Related to adviser: No

Marketer BURY STREET CAPITAL LONDON, United Kingdom Related to adviser: No

Provider details

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

KPMG LLP
PCAOB 185

U.S. BANK NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

WILMINGTON SAVINGS FUND SOCIETY, FSB
LEI 5493005DKMV1IHIM8E20

WILMINGTON TRUST COMPANY
LEI 2549003YW3T6PERKZM60

Filing source

Form ADV 2077983 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-8668917815

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
Angel Oak Real Estate Investment Fund I, LP	Jul 12, 2017	$207,202,267	55
Angel Oak Real Estate Investment Fund II, LP	Oct 2, 2019	$108,930,000	17
Angel Oak Real Estate Investment Fund III, LP (this fund)	Sep 19, 2023	$307,717,500	21

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
Dan Fazioli	Executive
Howard Feinsand	Director
Michael Fierman	Executive
Lawrence Hirsch	Director
Sreeni Prabhu	Director, Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

3344 Peachtree Rd Ne Suite 1725
Atlanta, GA, 30326