Form D · Private Equity Fund

SBCP III - AI, LP

Chicago, IL · CIK 0001754847

Offering snapshot reported Oct 9, 2020 · SEC filing

Reported sold: $157M
Investors reported: 1
Minimum accepted: $0
First sale: Oct 12, 2018

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$117,505,000 → $157,405,000
Reported investors0 → 1

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Oct 9, 2020	Amendment	$157,405,000	$39,900,000vs Oct 11, 2019	1	SEC filing
Oct 11, 2019	Amendment	$117,505,000	No comparison	0	SEC filing
Oct 11, 2018	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

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

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-323337

The general partner reserves the right to offer a greater or lesser amount of limited partner interests. The Total Offering Amount listed above is aggregated between the Issuer and its related parallel fund.

Source: Form D, filed Oct 9, 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

SBCP III - AI, LP

Investment adviser: STERLING BAY CAPITAL ADVISERS, LLC

Gross asset value: $699K
Beneficial owners: 26
ADV minimum commitment: $0

Reported in Form ADV on Jul 31, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS, LLP CHICAGO, Illinois, United States

Custodian NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No

Custodian WINTRUST BANK CHICAGO, Illinois, 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

PRICEWATERHOUSECOOPERS, LLP
PCAOB 238

Filing source

Form ADV 2122787 · Jul 31, 2026 · Schedule D 7.B.(1), fund 805-3105810481

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
Name	Reported role
Keating Crown	Executive
Reed Edwards	Executive
Andrew Gloor	Executive
Chang Lee	Executive
Dean Marks	Executive
Matt Menna	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

333 North Green, Suite 1100
Chicago, IL, 60607