Form D · Venture Capital Fund

Blue Delta Capital Fund III, LP

Mclean, VA · CIK 0001896814

Offering snapshot reported Dec 22, 2021 · SEC filing

Reported sold: $215M
Investors reported: 133
Minimum accepted: $0
First sale: Dec 14, 2021

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Dec 22, 2021	Initial	$215,000,000	No comparison	133	SEC filing

Offering details

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

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-426284

Source: Form D, filed Dec 22, 2021. 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

BLUE DELTA CAPITAL FUND III, LP

Investment adviser: BLUE DELTA CAPITAL PARTNERS, LLC

Gross asset value: $224M
Beneficial owners: 184
ADV minimum commitment: $100K

Reported in Form ADV on Mar 23, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator ANDERSON TAX NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RSM US LLP MCLEAN, Virginia, United States

Provider details

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

RSM US LLP
PCAOB 49

Filing source

Form ADV 2072815 · Mar 23, 2026 · Schedule D 7.B.(1), fund 805-8937826314

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
Blue Delta Capital Fund, LP	Sep 25, 2015	$39,200,000	42
Blue Delta Capital Fund II, LP	Jul 16, 2019	Yet to sell	0
Blue Delta Capital Fund III, LP (this fund)	Dec 22, 2021	$215,000,000	133
Blue Delta Capital Fund IV, LP	Aug 13, 2024	$250,000,000	106

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
N/A Bdcf Iii Gp, Llc	Director
N/A Blue Delta Capital Partners, Llc	Promoter
Mark Frantz	Director
Philip O. Nolan	Director
Kevin Robbins	Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

1751 Pinnacle Drive Suite 1125
Mclean, VA, 22102