Form D · Private Equity Fund

LSRC III S.a r.l.

Luxembourg, N4 · CIK 0001565608

Offering snapshot reported Aug 7, 2013 · SEC filing

Reported sold
$389M
Indefinite offering
Investors reported
36
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$195M$389MJan 4, 2013: $47,750,000.00Jan 4, 2013Jun 13, 2013: $299,995,000.00Jun 13, 2013Aug 7, 2013: $389,495,000.00Aug 7, 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$299,995,000 → $389,495,000
  • Reported investors30 → 36

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Aug 7, 2013Amendment$389,495,000$89,500,000vs Jun 13, 201336SEC filing
Jun 13, 2013Amendment$299,995,000$252,245,000vs Jan 4, 201330SEC filing
Jan 4, 2013Initial$47,750,000No comparison10SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06, 3C, 3C.7
Duration over one year
No
Business combination
No
Sales commissions
$4.06M (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-189585
Commission contingent on certain milestones.

Sales compensation recipients

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

Source: Form D, filed Aug 7, 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

LSRC III SARL

Investment adviser: DRI CAPITAL INC.

Gross asset value
$136M
Beneficial owners
36
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

Fund administrator UNITED INTERNATIONAL MANAGEMENT S.A. LUXEMBOURG, Luxembourg Investor statements: No (provided to no investors) Related to adviser: No
Auditor DELOITTE AUDIT GRAND DUCHY OF LUXEMBOURG, Luxembourg
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
Yes
External marketing
No

DELOITTE AUDIT
PCAOB 1287

WELLS FARGO BANK, N.A.
LEI KB1H1DSPRFMYMCUFXT09

Filing source

Form ADV 1541206 · Jun 22, 2021 · Schedule D 7.B.(1), fund 805-3638924033

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
Behzad Khosrowshahi Director
Gerard Matheis Director
Sinan Sar Director
Ali Seirafi Director
Andrea Sotak Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
7, Avenue Gaston Diderich
Luxembourg, N4, L-1420