Form D · Private Equity Fund
Direct Investors Fund, L.L.C. - Series CLO III
Dallas, TX · CIK 0002061812
Offering snapshot reported Mar 20, 2025 · SEC filing
- Reported sold
- $36.6M Indefinite offering
- Investors reported
- 24 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- Mar 7, 2025 As reported in this filing
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 |
|---|---|---|---|---|---|
| Mar 20, 2025 | Initial | $36,625,000 | No comparison | 24 | SEC filing |
Offering details
- Securities
- Equity, Pooled investment fund
- Exemptions
- 06b, 3C, 3C.1, 3C.7
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $0
- Finders' fees
- $0
- Form D file number
- 021-541610
Source: Form D, filed Mar 20, 2025. Minimum accepted may differ from a standard advertised minimum.
Fund connections
Each card uses that adviser's latest imported filing. Filing dates can differ; these disclosures do not confirm a current relationship.
Matched by reported Form D file number
DIRECT INVESTORS FUND, LLC - SERIES CLO III
Investment adviser: CRESSET ASSET MANAGEMENT, LLC
- Gross asset value
- $9.46M
- Beneficial owners
- 34
- ADV minimum commitment
- $150K
Reported in Form ADV on Aug 13, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.
Service providers
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
DELOITTE & TOUCHE, LLP
PCAOB 34
FROST BANK
LEI 38PG5GG0OEQK4QMSKE59
Fund asset history · 1 annual observations
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| Fiscal year | Gross assets | Beneficial owners | ADV filed |
|---|---|---|---|
| 2025 | $9,460,159 | 34 | Mar 27, 2026 |
Filing source
Form ADV 2124511 · Aug 13, 2026 · Schedule D 7.B.(1), fund 805-7825280651
Reported by CRESSET ASSET MANAGEMENT, LLC (CRD 288566).
Other-Than Anual Amendment For Registered Adviser.
Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; 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.
| Name | Reported role |
|---|---|
| N/A Cresset Chip Private Equity Gp, Llc | Director |
| N/A Cresset Control Corporation | Director |
| N/A Cresset Fund Investment Management Services, Llc | Director |
| Noel Goudreau | Executive |
| Diane Tobin | Executive |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Dallas, TX, 75219
Phone: 214-661-8333