Form D · Private Equity Fund

CLOVERLAY FUND III L.P.

Conshohocken, PA · CIK 0001919314

Offering snapshot reported Jul 28, 2023 · SEC filing

Reported sold: $131M
Investors reported: 18
Minimum accepted: $1
First sale: Aug 1, 2022

What changed?

Latest filing versus its linked predecessor, where available.

Reported investors0 → 18

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jul 28, 2023	Amendment	$131,175,000	No comparison	18	SEC filing
Jul 27, 2022	Initial	Yet to sell	No comparison	0	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: 021-453981

Source: Form D, filed Jul 28, 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

CLOVERLAY FUND III, LP

Investment adviser: CLOVERLAY INVESTMENT MANAGEMENT, LLC

Gross asset value: $192M
Beneficial owners: 47
ADV minimum commitment: $5M

Reported in Form ADV on Aug 28, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

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

Auditor KPMG US LLP BOSTON, Massachusetts, United States

Custodian MONEX SECURITIES, INC. WASHINGTON, District of Columbia, United States Related to adviser: No

Custodian TRISTATE CAPITAL BANK PITTSBURGH, Pennsylvania, United States Related to adviser: No

Marketer GALLATIN CAPITAL 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: Yes
External marketing: Yes

KPMG US LLP
PCAOB 185

MONEX SECURITIES, INC.
SEC 8-44874 · LEI 5493004T109FSYW8ND09

TRISTATE CAPITAL BANK
LEI 5493002GQNJKJONGBS18

GALLATIN CAPITAL LLC
CRD 124738 · SEC 8-65718

Filing source

Form ADV 2126597 · Aug 28, 2026 · Schedule D 7.B.(1), fund 805-1475218380

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
Cloverlay Fund I L.P.	Apr 7, 2017	$80,830,000	76
CLOVERLAY FUND III L.P. (this fund)	Jul 28, 2023	$131,175,000	18
Cloverlay Fund IV L.P.	Jun 23, 2026	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
Jeffrey N. Collins	Executive, Promoter
Christopher J. Rodzewicz	Executive, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

161 Washington Street Suite 1650
Conshohocken, PA, 19428