Form D · Venture Capital Fund

CARNELIAN ENERGY CAPITAL III, L.P.

Houston, TX · CIK 0001773942

Offering snapshot reported Jul 2, 2019 · SEC filing

Reported sold: $775M
Investors reported: 57
Minimum accepted: $0
First sale: Jun 25, 2019

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jul 2, 2019	Initial	$775,000,000	No comparison	57	SEC filing

Offering details

Securities: Equity, Pooled investment fund
Exemptions: 06b, 3C, 3C.1, 3C.7
Duration over one year: No
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-343316

Source: Form D, filed Jul 2, 2019. 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

CARNELIAN ENERGY CAPITAL III, L.P.

Investment adviser: CARNELIAN ENERGY CAPITAL MANAGEMENT, LP

Gross asset value: $752M
Beneficial owners: 55
ADV minimum commitment: $3M

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 IQEQ FUND SERVICES DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP HOUSTON, Texas, United States

Custodian COMERICA BANK MENLO PARK, California, 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

ERNST & YOUNG LLP
PCAOB 42

Filing source

Form ADV 2066276 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-5660293051

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
Carnelian Energy Capital, L.P.	Sep 14, 2015	Yet to sell	0
CARNELIAN ENERGY CAPITAL II, L.P.	Jun 13, 2017	$600,000,000	69
CARNELIAN ENERGY CAPITAL III, L.P. (this fund)	Jul 2, 2019	$775,000,000	57
CARNELIAN ENERGY CAPITAL IV, L.P.	Nov 9, 2021	Yet to sell	0
CARNELIAN ENERGY CAPITAL V, L.P.	Jan 30, 2024	Yet to sell	0

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
Tomas Ackerman	Director, Promoter
Jeffrey Gilbert	Promoter
Daniel Goodman	Director, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

2229 San Felipe, Suite 1450
Houston, TX, 77019