Form D · Venture Capital Fund

Palm Drive Capital III LP

New York, NY · CIK 0001787717

Offering snapshot reported Nov 2, 2020 · SEC filing

Reported sold: $62.8M
Investors reported: 26
Minimum accepted: $0
First sale: Oct 1, 2019

Fundraising history

Reported sold

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$44,350,000 → $62,750,000
Reported investors7 → 26

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Nov 2, 2020	Amendment	$62,750,000	$18,400,000vs Oct 3, 2019	26	SEC filing
Oct 3, 2019	Initial	$44,350,000	No comparison	7	SEC filing

Offering details

Securities: Equity, Pooled investment fund
Exemptions: 06b, 3C, 3C.1
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-350314

Source: Form D, filed Nov 2, 2020. 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

PALM DRIVE CAPITAL III LP

Investment adviser: PALM DRIVE CAPITAL LLC

Gross asset value: $92.6M
Beneficial owners: 34
ADV minimum commitment: $10K

Reported in Form ADV on Jun 8, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor WEAVER AND TIDWELL, LLP NEW YORK, New York, United States

Custodian FIRST CITIZENS BANK SANTA CLARA, California, United States Related to adviser: No

Custodian MORGAN STANLEY 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: No
External marketing: No

WEAVER AND TIDWELL, LLP
PCAOB 105

Filing source

Form ADV 2110815 · Jun 8, 2026 · Schedule D 7.B.(1), fund 805-9987157025

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
Palm Drive Capital II LP	Feb 13, 2017	Yet to sell	0
Palm Drive Capital III LP (this fund)	Nov 2, 2020	$62,750,000	26
Palm Drive Capital IV LP	Jan 11, 2024	$41,850,000	21

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
Name	Reported role
Seamon Chan	Director
Hendrick Lee	Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

54 W. 21 St Street, Suite 807
New York, NY, 10010