Form D · Other Investment Fund

Lapis Municipal Opportunities Fund III LP

San Francisco, CA · CIK 0001734647

Offering snapshot reported Jul 13, 2018 · SEC filing

Reported sold
$298M
Offering amount: $350M
Investors reported
209
Form D · investor count
Minimum accepted
$2M
Reported outside-investor minimum
First sale
Jul 2, 2018
As reported in this filing

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported investors0 → 209

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jul 13, 2018Amendment$298,200,000No comparison209SEC filing
Apr 19, 2018InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
No
Business combination
No
Sales commissions
$329K
Finders' fees
$0
Form D file number
021-310586
The Placement Agent will also receive 10% of the incentive fees that would otherwise be payable to the General Partner of the Issuer.

Sales compensation recipients

Scroll to see all columns →

RecipientCRDAssociated broker-dealer
TGP Securities Inc159008

Source: Form D, filed Jul 13, 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

LAPIS MUNICIPAL OPPORTUNITIES FUND III LP

Investment adviser: LAPIS ADVISERS, LP

Gross asset value
$55.8M
Beneficial owners
225
ADV minimum commitment
$50K

Reported in Form ADV on Mar 27, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator HC GLOBAL FUND SERVICES SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG LLP SAN FRANCISCO, California, United States
Custodian CF SECURED, LLC NEW YORK, New York, United States Related to adviser: No
Custodian HC GLOBAL FUND SERVICES SAN FRANCISCO, California, United States Related to adviser: No
Custodian J.P. MORGAN SECURITIES LLC SAN FRANCISCO, California, United States Related to adviser: No
Marketer TGP SECURITIES, INC. SUMMIT, New Jersey, United States Related to adviser: No
Prime broker CANTOR FITZGERALD & CO. NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

ERNST & YOUNG LLP
PCAOB 42

CF SECURED, LLC
SEC 8-69863

J.P. MORGAN SECURITIES LLC
SEC 8-35008

TGP SECURITIES, INC.
CRD 159008 · SEC 8-68955

CANTOR FITZGERALD & CO.
CRD 134 · SEC 8-201

Filing source

Form ADV 2082305 · Mar 27, 2026 · Schedule D 7.B.(1), fund 805-1605851493

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
Kjerstin Hatch Executive
Basia Terrell Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
12 Funston Avenue Suite A
San Francisco, CA, 94129