Form D · Hedge Fund

Upper90 Fund III, LP

Providence, RI · CIK 0001917959

Offering snapshot reported Jun 30, 2023 · SEC filing

Reported sold: $313M
Investors reported: 306
Minimum accepted: $0
First sale: Jul 13, 2022

What changed?

Latest filing versus its linked predecessor, where available.

Reported investors0 → 306

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jun 30, 2023	Amendment	$312,592,500	No comparison	306	SEC filing
Jul 1, 2022	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Equity, 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: 021-450982

Source: Form D, filed Jun 30, 2023. 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

UPPER90 FUND III, LP

Investment adviser: UPPER90 CAPITAL MANAGEMENT, LP

Gross asset value: $43.1M
Beneficial owners: 356
ADV minimum commitment: $12.5K

Reported in Form ADV on Mar 26, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator APEX FUND SERVICES (US) LLC CHARLOTTE, North Carolina, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG NEW YORK, New York, United States

Custodian CITIZENS BANK PROVIDENCE, Rhode Island, United States Related to adviser: No

Custodian MORGAN STANLEY & CO. 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

KPMG
PCAOB 185

MORGAN STANLEY & CO. LLC
SEC 8-15869

Filing source

Form ADV 2074559 · Mar 26, 2026 · Schedule D 7.B.(1), fund 805-6159562970

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
Upper90 Fund, LP	Jun 25, 2018	Yet to sell	67
Upper90 Fund II, LP	Aug 20, 2021	$187,647,500	Not reported
Upper90 Fund III, LP (this fund)	Jun 30, 2023	$312,592,500	306

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 Libby	Executive
Upper90 Capital Management, Lp	Promoter
Upper90 Partners Gp Iii, Llc	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

C/O Upper90 Partners Gp Iii, Llc 269 C South Main Street
Providence, RI, 02093