Form D · Other Investment Fund

Direct Lending Fund Three L.P.

New York, NY · CIK 0001694693

Offering snapshot reported Feb 28, 2018 · SEC filing

Reported sold
$165M
Indefinite offering
Investors reported
103
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Jan 6, 2017
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$82.6M$165MJan 13, 2017: $114,150,000.00Jan 13, 2017Feb 10, 2017: $113,650,000.00Feb 16, 2017: $132,650,000.00Mar 1, 2017: $127,650,000.00Feb 28, 2018: $165,175,000.00Feb 28, 2018

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.

  • Reported sold$127,650,000 → $165,175,000
  • Reported investors54 → 103

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Feb 28, 2018Amendment$165,175,000$37,525,000vs Mar 1, 2017103SEC filing
Mar 1, 2017Amendment$127,650,000-$5,000,000vs Feb 16, 201754SEC filing
Feb 16, 2017Amendment$132,650,000$19,000,000vs Feb 10, 201754SEC filing
Feb 10, 2017Amendment$113,650,000-$500,000vs Jan 13, 201754SEC filing
Jan 13, 2017Initial$114,150,000No comparison55SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
No
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-278439

Source: Form D, filed Feb 28, 2018. 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

DIRECT LENDING FUND THREE L.P.

Investment adviser: EHRENKRANZ PARTNERS L.P.

Gross asset value
$52.6M
Beneficial owners
56
ADV minimum commitment
$500K

Reported in Form ADV on Jun 8, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SEI GLOBAL SERVICES INC OAKS, Pennsylvania, United States Investor statements: No (provided to no investors) Related to adviser: No
Auditor DELOITTE & TOUCHE LLP NEW YORK, New York, United States
Custodian BMO HARRIS BANK N.A. CHICAGO, Illinois, United States Related to adviser: No
Custodian PERSHING ADVISOR SOLUTIONS LLC JERSEY CITY, New Jersey, 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

DELOITTE & TOUCHE LLP
PCAOB 34

PERSHING ADVISOR SOLUTIONS LLC
SEC 8-47425

Filing source

Form ADV 2103114 · Jun 8, 2026 · Schedule D 7.B.(1), fund 805-8751712533

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
Kurt Dudas Executive
Joel Ehrenkranz Executive
Sanford B Ehrenkranz Executive
John B Ehrenkranz Executive
Patrick Jc Shaw Executive
Andrew Sommers Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
375 Park Avenue, 28 Th Floor
New York, NY, 10152