Form D · Venture Capital Fund
Positive Sum Capital III, L.P.
Greenwich, CT · CIK 0002048473
Offering snapshot reported Dec 12, 2024 · SEC filing
- Reported sold
- $185M Offering amount: $400M
- Investors reported
- 12 Form D · investor count
- Minimum accepted
- $1M Reported outside-investor minimum
- First sale
- Dec 9, 2024 As reported in this filing
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 |
|---|---|---|---|---|---|
| Dec 12, 2024 | Initial | $184,750,000 | No comparison | 12 | SEC filing |
Offering details
- Securities
- Pooled investment fund
- Exemptions
- 06b
- Duration over one year
- No
- Business combination
- No
- Sales commissions
- $0
- Finders' fees
- $0
- Form D file number
- 021-531867
Source: Form D, filed Dec 12, 2024. 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
POSITIVE SUM CAPITAL III, L.P.
Investment adviser: POSITIVE SUM ADVISORS LLC
- Gross asset value
- $267M
- Beneficial owners
- 12
- 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
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- No
- Administrator other than the adviser
- Yes
- External marketing
- No
FRANK, RIMERMAN & CO. LLP
PCAOB 1596
Filing source
Form ADV 2078998 · Mar 27, 2026 · Schedule D 7.B.(1), fund 805-9141444719
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.
| Name | Reported role |
|---|---|
| Patrick W O'shaughnessy | Executive |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Greenwich, CT, 06830-6512