Form D · Other Investment Fund

Primary Wave Music IP Fund 3, LP

New York, NY · CIK 0001845144

Offering snapshot reported Feb 17, 2022 · SEC filing

Reported sold: $642M
Investors reported: 66
Minimum accepted: $0
First sale: Feb 26, 2021

What changed?

Latest filing versus its linked predecessor, where available.

Reported investors0 → 66

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Feb 17, 2022	Amendment	$641,650,000	No comparison	66	SEC filing
Feb 16, 2021	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-389449

Source: Form D, filed Feb 17, 2022. 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

PRIMARY WAVE MUSIC IP FUND 3, LP

Investment adviser: PRIMARY WAVE IP INVESTMENT MANAGEMENT LLC

Gross asset value: $1.16B
Beneficial owners: 101
ADV minimum commitment: $5M

Reported in Form ADV on May 6, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator APEX GROUP NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor EISNERAMPER LLP NEW YORK, New York, United States

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Custodian MORGAN STANLEY SMITH BARNEY LLC 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: Yes
External marketing: No

EISNERAMPER LLP
PCAOB 274

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

Filing source

Form ADV 2103236 · May 6, 2026 · Schedule D 7.B.(1), fund 805-5512850448

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
Primary Wave Music IP Fund I LP	Jun 28, 2017	$123,275,113	29
Primary Wave Music IP Fund 2, LP	Feb 14, 2019	$180,820,500	6
Primary Wave Music IP Fund 3, LP (this fund)	Feb 17, 2022	$641,650,000	66
Primary Wave Music IP Fund 4, LP	Sep 9, 2025	$1,393,655,900	Not reported

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
William Cisneros	Executive
Lawrence Mestel	Executive
Jane Reisman	Executive
Ramon Villa	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

116 East 16 Th Street, 9 Th Floor
New York, NY, 10003