Form D · Venture Capital Fund

PIPE 139, a series of SAX Capital Series Fund III, LP

Seattle, WA · CIK 0001889474

Offering snapshot reported Oct 21, 2021 · SEC filing

Reported sold: $2.18M
Investors reported: 89
Minimum accepted: $1K
First sale: Oct 13, 2021

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Oct 21, 2021	Initial	$2,176,833	No comparison	89	SEC filing

Offering details

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

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-417940

Source: Form D, filed Oct 21, 2021. Minimum accepted may differ from a standard advertised minimum.

Fund connections

Each card uses that adviser's latest imported filing. Filing dates can differ; these disclosures do not confirm a current relationship.

Matched by reported Form D file number

PIPE 139, A SERIES OF SAX CAPITAL SERIES FUND III, LP

Investment adviser: FOX VENTURES RF MANAGEMENT, LLC

Gross asset value: $643K
Beneficial owners: 88
ADV minimum commitment: $5K

Reported in Form ADV on Mar 25, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Investor statements: No (provided to no investors) Related to adviser: Yes Other funds reporting this name →

Custodian BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Related to adviser: Yes Other funds reporting this name →

Marketer AL ADVISORS MANAGEMENT INC SAN FRANCISCO, California, United States Related to adviser: Yes Other funds reporting this name →

Provider details

Annual audit: No
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

Fund asset history · 2 annual observations

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Fiscal year	Gross assets	Beneficial owners	ADV filed
2024	$643,180	88	Mar 11, 2025
2025	$643,038	88	Mar 25, 2026

Filing source

Form ADV 2075508 · Mar 25, 2026 · Schedule D 7.B.(1), fund 805-2490726680

Reported by FOX VENTURES RF MANAGEMENT, LLC (CRD 316060).

Annual Updating Amendment ERA Report · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; 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
Name	Reported role
Ltd. Belltower Fund Group	Director
Llc Sax Capital Series Gp Iii,	Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

119 South Main Street Suite 220
Seattle, WA, 98104
Phone: 3603409337