Form D · Private Equity Fund

Portfolio Advisors Secondary Fund III, L.P.

Darien, CT · CIK 0001656060

Offering snapshot reported Jul 25, 2017 · SEC filing

Reported sold
$630M
Indefinite offering
Investors reported
138
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Oct 1, 2015
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$315M$630MOct 19, 2015: $200,000,000.00Oct 19, 2015Aug 24, 2016: $391,650,000.00Aug 24, 2016Jul 25, 2017: $629,708,600.00Jul 25, 2017

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$391,650,000 → $629,708,600
  • Reported investors39 → 138

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jul 25, 2017Amendment$629,708,600$238,058,600vs Aug 24, 2016138SEC filing
Aug 24, 2016Amendment$391,650,000$191,650,000vs Oct 19, 201539SEC filing
Oct 19, 2015Initial$200,000,000No comparison3SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$11.4K
Finders' fees
$0
Form D file number
021-249665

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Bhargava Wealth Management4161
Greenstone Group FZCNone
Trium Capital InternationalNone

Source: Form D, filed Jul 25, 2017. 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

PORTFOLIO ADVISORS SECONDARY FUND III, L.P.

Investment adviser: PORTFOLIO ADVISORS LLC

Gross asset value
$943M
Beneficial owners
297
ADV minimum commitment
$5M

Reported in Form ADV on Mar 27, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator AD CARTA, LLC DARIEN, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor GRANT THORNTON LLP NEW YORK, New York, United States
Custodian ALEX BROWN A DIVISION OF RAYMOND JAMES BALTIMORE, Maryland, United States Related to adviser: No
Custodian BANK OF AMERICA STAMFORD, Connecticut, 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

GRANT THORNTON LLP
PCAOB 248

Filing source

Form ADV 2070706 · Mar 27, 2026 · Schedule D 7.B.(1), fund 805-9898951571

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
William J. Indelicato Executive
Pasf Iii (Gp), Llc Executive
Portfolio Advisors, Llc Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
C/O Portfolio Advisors, Llc 9 Old Kings Highway South
Darien, CT, 06820