Form D · Private Equity Fund

CIG Direct Strategies III LLC - Series 4

Palo Alto, CA · CIK 0001928159

Offering snapshot reported May 20, 2022 · SEC filing

Reported sold: $20M
Investors reported: 2
Minimum accepted: $0
First sale: May 10, 2022

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
May 20, 2022	Initial	$20,000,000	No comparison	2	SEC filing

Offering details

Securities: 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: 021-446486

Source: Form D, filed May 20, 2022. 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

CIG DIRECT STRATEGIES III LLC - SERIES 4

Investment adviser: CAPRICORN INVESTMENT GROUP LLC

Gross asset value: $151M
Beneficial owners: 3
ADV minimum commitment: $1M

Reported in Form ADV on Sep 18, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor PRICEWATERHOUSECOOPERS LLP NEW YORK, New York, United States

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

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

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

J.P. MORGAN SECURITIES LLC
SEC 8-35008

Filing source

Form ADV 2133316 · Sep 18, 2026 · Schedule D 7.B.(1), fund 805-6900704733

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
CIG Direct Strategies III LLC - Series 1	Oct 23, 2020	$100,000,000	9
CIG Direct Strategies III LLC - Series 2	Dec 29, 2020	$35,000,100	6
CIG Direct Strategies III LLC - Series 3	May 6, 2021	$69,000,000	6
CIG Direct Strategies III LLC - Series 4 (this fund)	May 20, 2022	$20,000,000	2

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 Capricorn Investment Group, Llc	Director
Eric Techel	Director
Ion Yadigaroglu	Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

250 University Avenue, Suite 300
Palo Alto, CA, 94301