Form D · Hedge Fund

Marlin Fund III, Limited Partnership

Atlanta, GA · CIK 0001467026

Offering snapshot reported Oct 30, 2026 · SEC filing

Reported sold
$19.6M
Indefinite offering
Investors reported
2
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
Sep 8, 2009
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$9.8M$19.6MSep 14, 2009: $4,722,120.00Sep 14, 2009Jan 29, 2010: $4,722,120.00Jan 28, 2011: $14,638,620.00Jan 19, 2012: $12,308,620.00Jan 16, 2013: $18,308,620.00Jan 16, 2014: $18,308,620.00Jan 15, 2015: $18,308,620.00Jan 14, 2016: $19,597,520.00Jan 13, 2017: $19,597,520.00Jan 12, 2018: $19,597,520.00Jan 11, 2019: $19,597,520.00Jan 10, 2020: $19,597,520.00Jan 8, 2021: $19,597,520.00Dec 15, 2021: $19,597,520.00Nov 14, 2022: $19,597,520.00Oct 30, 2023: $19,599,448.00Oct 30, 2024: $19,599,448.00Oct 30, 2025: $19,599,448.00Oct 30, 2026: $19,599,448.00Oct 30, 2026

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.

No comparable changes in the displayed metrics.

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Oct 30, 2026Amendment$19,599,448$0vs Oct 30, 20252SEC filing
Oct 30, 2025Amendment$19,599,448$0vs Oct 30, 20242SEC filing
Oct 30, 2024Amendment$19,599,448$0vs Oct 30, 20232SEC filing
Oct 30, 2023Amendment$19,599,448$1,928vs Nov 14, 20222SEC filing
Nov 14, 2022Amendment$19,597,520$0vs Dec 15, 20212SEC filing
Dec 15, 2021Amendment$19,597,520$0vs Jan 8, 20212SEC filing
Jan 8, 2021Amendment$19,597,520$0vs Jan 10, 20202SEC filing
Jan 10, 2020Amendment$19,597,520$0vs Jan 11, 20192SEC filing
Jan 11, 2019Amendment$19,597,520$0vs Jan 12, 20182SEC filing
Jan 12, 2018Amendment$19,597,520$0vs Jan 13, 20172SEC filing
Jan 13, 2017Amendment$19,597,520$0vs Jan 14, 20162SEC filing
Jan 14, 2016Amendment$19,597,520$1,288,900vs Jan 15, 20152SEC filing
Jan 15, 2015Amendment$18,308,620$0vs Jan 16, 20142SEC filing
Jan 16, 2014Amendment$18,308,620$0vs Jan 16, 20132SEC filing
Jan 16, 2013Amendment$18,308,620$6,000,000vs Jan 19, 20122SEC filing
Jan 19, 2012Amendment$12,308,620-$2,330,000vs Jan 28, 20111SEC filing
Jan 28, 2011Amendment$14,638,620$9,916,500vs Jan 29, 20102SEC filing
Jan 29, 2010Amendment$4,722,120$0vs Sep 14, 20091SEC filing
Sep 14, 2009Initial$4,722,120No comparison1SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$0 (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-134384

Source: Form D, filed Oct 30, 2026. 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

MARLIN FUND III, LIMITED PARTNERSHIP

Investment adviser: MASTERS CAPITAL MANAGEMENT, L.L.C.

Gross asset value
$34.3M
Beneficial owners
1
ADV minimum commitment
$1M

Reported in Form ADV on Mar 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator TRIDENT FUND SERVICES ATLANTA, Georgia, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor WARREN AVERETT, LLC ATLANTA, Georgia, United States
Custodian BOFA SECURITIES, INC. NEW YORK, New York, United States Related to adviser: No
Prime broker BOFA SECURITIES, INC. NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

WARREN AVERETT, LLC
PCAOB 2226

BOFA SECURITIES, INC.
SEC 8-69787 · LEI 549300HN4UKV1E2R3U73

BOFA SECURITIES, INC.
CRD 283942 · SEC 8-69787

Filing source

Form ADV 2074873 · Mar 30, 2026 · Schedule D 7.B.(1), fund 805-9973273740

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
Michael W. Masters Executive
Masters Capital Management, Llc Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Masters Capital Management, Llc 3060 Peachtree Road Nw, Suite 1425
Atlanta, GA, 30305