Form D · Private Equity Fund

Ultra Capital Energy Transition Fund III, L.P.

Philadelphia, PA · CIK 0001975628

Offering snapshot reported Apr 25, 2025 · SEC filing

Reported sold: $53.4M
Investors reported: 24
Minimum accepted: $50K
First sale: May 5, 2023

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$43,400,000 → $53,400,000
Reported investors23 → 24

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Apr 25, 2025	Amendment	$53,400,000	$10,000,000vs Apr 25, 2024	24	SEC filing
Apr 25, 2024	Amendment	$43,400,000	No comparison	23	SEC filing
Apr 28, 2023	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

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

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-480342

Source: Form D, filed Apr 25, 2025. 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

ULTRA CAPITAL ENERGY TRANSITION FUND III, L.P.

Investment adviser: LL FUNDS, LLC

Gross asset value: $271M
Beneficial owners: 62
ADV minimum commitment: $5M

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

Service providers

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

Auditor GRANT THORNTON PHILADELPHIA, Pennsylvania, United States

Custodian JPMORGAN CHASE BANK, N.A. NEW YORK, New York, United States Related to adviser: No

Marketer INVICTA CAPITAL LLC OAKMONT, Pennsylvania, United States Related to adviser: No

Marketer JAMES MNOOKIN CHESTNUT HILL, Massachusetts, United States Related to adviser: No

Marketer SEXTANT SECURITIES, 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: Yes

GRANT THORNTON
PCAOB 248

INVICTA CAPITAL LLC
CRD 288101 · SEC 8-69923

SEXTANT SECURITIES, LLC
CRD 283937 · SEC 8-69772

Filing source

Form ADV 2041380 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-5026523913

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
Ultra Capital Energy Transition Fund III, L.P. (this fund)	Apr 25, 2025	$53,400,000	24
Ultra Capital Energy Transition Fund IV, L.P.	Jul 30, 2026	$86,075,000	20

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
Ian Copeland	Executive
Thomas Ferraro	Executive
Kristian Hanelt	Executive
Mike Reynolds	Executive
N/A Ultra Capital Energy Transition Fund Iii Gp, Llc	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

C/O Ultra Capital Llc 2400 Market Street, Suite 302
Philadelphia, PA, 19103