Form D · Other Investment Fund
Section Capital III, LP
Palo Alto, CA · CIK 0001692562
Offering snapshot reported Oct 10, 2017 · SEC filing
- Reported sold
- $13.7M Offering amount: $25M
- Investors reported
- 39 Form D · investor count
- Minimum accepted
- $30K Reported outside-investor minimum
- First sale
- Jan 17, 2017 As reported in this filing
What changed?
Latest filing versus its linked predecessor, where available.
- Reported investors0 → 39
- Minimum accepted$250,000 → $30,000
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Oct 10, 2017 | Amendment | $13,725,000 | No comparison | 39 | SEC filing |
| Dec 30, 2016 | Initial | Yet to sell | No comparison | 0 | SEC filing |
Offering details
- Securities
- Pooled investment fund
- Exemptions
- 06b, 3C, 3C.1
- Duration over one year
- No
- Business combination
- No
- Sales commissions
- $12K (estimated)
- Finders' fees
- $22.5K (estimated)
- Form D file number
- 021-277427
The total amount of "Sales Commissions" and "Finders' Fees" paid in connection with the offering will be determined at the final closing of the Issuer.
Sales compensation recipients
Scroll to see all columns →
| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| Brighton House Associates, LLC | None | BHA Select Network, LLC · CRD 168883 |
| Rafael Solis | 2646827 | Innovation Partners LLC · CRD 146344 |
| Equus Financial Consulting LLC | 131449 | |
| GT Securities, Inc. | 116012 |
Source: Form D, filed Oct 10, 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
SECTION CAPITAL III, LP
Investment adviser: SECTION PARTNERS MANAGEMENT, LLC
- Gross asset value
- $16.9M
- Beneficial owners
- 57
- ADV minimum commitment
- $30K
Reported in Form ADV on Mar 25, 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
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
BDO USA, LLP
PCAOB 243
Filing source
Form ADV 2081291 · Mar 25, 2026 · Schedule D 7.B.(1), fund 805-6096104413
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 |
|---|---|
| David V Crowder | Executive |
| N/A N/A Crowder Ventures Management, Llc | Director |
| N/A N/A Section Partners Associates Iii, Llc | Director |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Palo Alto, CA, 94301