Form D · Private Equity Fund

Drug Royalty III (Feeder EU), L.P.

Wilmington, DE · CIK 0001566197

Offering snapshot reported Sep 16, 2013 · SEC filing

Reported sold
$300M
Indefinite offering
Investors reported
15
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Dec 21, 2012
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$150M$300MJan 7, 2013: $170,000,000.00Jan 7, 2013Jun 14, 2013: $245,000,000.00Jun 14, 2013Aug 2, 2013: $249,500,000.00Aug 2, 2013Sep 16, 2013: $299,500,000.00Sep 16, 2013

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$249,500,000 → $299,500,000
  • Reported investors14 → 15

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Sep 16, 2013Amendment$299,500,000$50,000,000vs Aug 2, 201315SEC filing
Aug 2, 2013Amendment$249,500,000$4,500,000vs Jun 14, 201314SEC filing
Jun 14, 2013Amendment$245,000,000$75,000,000vs Jan 7, 201312SEC filing
Jan 7, 2013Initial$170,000,000No comparison7SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06, 3C, 3C.7
Duration over one year
No
Business combination
No
Sales commissions
$3.83M (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-189664
Commission contingent on certain milestones.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Atlantic-Pacific Capital, Inc.38356

Source: Form D, filed Sep 16, 2013. 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

DRUG ROYALTY III (FEEDER EU), L.P.

Investment adviser: DRI CAPITAL INC.

Gross asset value
$107M
Beneficial owners
13
ADV minimum commitment
$10M

Reported in Form ADV on Jun 22, 2021. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor DELOITTE LLP, CANADA TORONTO, Canada
Custodian WELLS FARGO BANK N.A. SAN FRANCISCO, California, 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

DELOITTE LLP, CANADA
PCAOB 1208

WELLS FARGO BANK N.A.
LEI KB1H1DSPRFMYMCUFXT09

Filing source

Form ADV 1541206 · Jun 22, 2021 · Schedule D 7.B.(1), fund 805-5443409195

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
Ali Hedayat Director
Abali J. Hoilett Director
Behzad Khosrowshahi Director
Ali Seirafi Director
William Shaw Director
M. Craig Shepherd Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
C/O Corporation Service Company 2711 Centerville Road, Suite 400
Wilmington, DE, 19808