Form D · Private Equity Fund

LotusGroup IncomePlus Fund III LP

West Conshohocken, PA · CIK 0001984042

Offering snapshot reported Mar 19, 2025 · SEC filing

Reported sold
$16.3M
Indefinite offering
Investors reported
59
Form D · investor count
Minimum accepted
$250K
Reported outside-investor minimum
First sale
Jul 28, 2023
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$8.17M$16.3MJul 31, 2023: $6,300,000.00Jul 31, 2023Mar 5, 2024: $12,149,000.00Mar 5, 2024Mar 19, 2025: $16,340,000.00Mar 19, 2025

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$12,149,000 → $16,340,000
  • Reported investors37 → 59

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 19, 2025Amendment$16,340,000$4,191,000vs Mar 5, 202459SEC filing
Mar 5, 2024Amendment$12,149,000$5,849,000vs Jul 31, 202337SEC filing
Jul 31, 2023Initial$6,300,000No comparison16SEC filing

Offering details

Securities
Pooled investment fund, Other
Exemptions
06b, 3C, 3C.1
Duration over one year
No
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-488394
Limited Partnership Interests

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
NoneNone

Source: Form D, filed Mar 19, 2025. 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

LOTUSGROUP INCOMEPLUS FUND III LP

Investment adviser: LOTUSGROUP CAPITAL, LLC

Gross asset value
$20M
Beneficial owners
64
ADV minimum commitment
$250K

Reported in Form ADV on Jul 7, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NAV CONSULTING OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor MENGEL, METZGER, BARR & CO LLP ROCHESTER, New York, United States
Custodian STONECASTLE CASH MANAGEMENT, LLC NEW YORK, New York, United States Related to adviser: No
Custodian TD BANK, N.A. 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
No

MENGEL, METZGER, BARR & CO LLP
PCAOB 557

Filing source

Form ADV 2116742 · Jul 7, 2026 · Schedule D 7.B.(1), fund 805-2351082411

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
Brendan Lake Executive
Na Lotus Group Capital Llc Promoter
Na Ppb Lg Income 3 Mgt Llc Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
300 Barr Harbor Drive Suite 260
West Conshohocken, PA, 19428