Form D · Hedge Fund

Capstone Income Opportunities III, LLC

New York, NY · CIK 0001913466

Offering snapshot reported May 19, 2026 · SEC filing

Reported sold
$5.15B
Indefinite offering
Investors reported
1
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
May 16, 2022
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$2.58B$5.15BMay 17, 2022: $650,000,000.00May 17, 2022May 17, 2023: $4,250,000,000.00May 17, 2023May 17, 2024: $4,350,000,000.00May 17, 2024May 19, 2025: $5,150,000,000.00May 19, 2025May 19, 2026: $5,150,000,000.00May 19, 2026

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.

No comparable changes in the displayed metrics.

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
May 19, 2026Amendment$5,150,000,000$0vs May 19, 20251SEC filing
May 19, 2025Amendment$5,150,000,000$800,000,000vs May 17, 20241SEC filing
May 17, 2024Amendment$4,350,000,000$100,000,000vs May 17, 20231SEC filing
May 17, 2023Amendment$4,250,000,000$3,600,000,000vs May 17, 20221SEC filing
May 17, 2022Initial$650,000,000No comparison1SEC 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
021-445945

Source: Form D, filed May 19, 2026. 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

CAPSTONE INCOME OPPORTUNITIES III, LLC

Investment adviser: CAPSTONE INVESTMENT ADVISORS, LLC

Gross asset value
$5.48B
Beneficial owners
1
ADV minimum commitment
$650M

Reported in Form ADV on Aug 5, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NORTHERN TRUST HEDGE FUND SERVICES LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS LLP NEW YORK, New York, United States
Custodian MERRILL LYNCH PROFESSIONAL CLEARING CORP. NEW YORK, New York, United States Related to adviser: No
Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No
Prime broker MERRILL LYNCH PROFESSIONAL CLEARING CORP. NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

MERRILL LYNCH PROFESSIONAL CLEARING CORP.
SEC 8-33359

THE NORTHERN TRUST COMPANY
LEI 6PTKHDJ8HDUF78PFWH30

MERRILL LYNCH PROFESSIONAL CLEARING CORP.
CRD 16139 · SEC 8-33359

Filing source

Form ADV 2117710 · Aug 5, 2026 · Schedule D 7.B.(1), fund 805-7164299592

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
NameReported role
Paul M. Britton Executive
Capstone Fund Services Ii, Llc Executive
N/A Capstone Fund Services Ii, Llc Executive
Capstone Investment Advisors, Llc Promoter
N/A Capstone Investment Advisors, Llc Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
7 World Trade Center, 32nd Floor 250 Greenwich Street
New York, NY, 10007