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EDGAR Verified
Primary Source · SEC.gov

CrowdStreet Opportunistic Fund I, LLC- Series III

CIK 0001917378Fund Vehicle2022 vintage506(c), 3(c)(1)
CrowdStreetFull Review

Raised

$15M

Investors

90

Min Invest

$50,000

AltStreet Analysis

·

Generated from EDGAR primary sources

CrowdStreet Opportunistic Fund I, LLC - Series III is a Delaware pooled investment fund vehicle filed by CrowdStreet Advisors, LLC (managed by executive officer Kristen Howell) that raised $15.1M from 90 investors under Rule 506(c) and 3(c)(1) exemptions. The offering requires a $50K minimum investment and is part of the CrowdStreet platform, which operates 44 related EDGAR entities focused on real estate investments. First sale date was not disclosed in this original filing dated April 27, 2022.

This real estate fund vehicle uses the 506(c) exemption allowing general solicitation with verified accredited investors, combined with the 3(c)(1) Investment Company Act exemption limiting beneficial owners to under 100. The $50K minimum is accessible relative to institutional real estate funds but consistent with online platform-mediated offerings targeting accredited retail investors.

Data Flags

first_sale_dateOriginal filing with $15.1M raised but no first sale date disclosed
sales_commissionsNo sales commissions stated on a $15.1M 506(c) offering with 90 investors, suggesting direct platform distribution
investor_concentration90 investors for $15.1M raise suggests average check size of ~$168K, relatively small for a $50K minimum real estate fund

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001917378
Entity NameCrowdStreet Opportunistic Fund I, LLC- Series III
Exemption506(c), 3(c)(1)
First Sale Date—
Filing DateApril 27, 2022
Accession Number0001917378-22-000001
Total Amount Sold$15M
Total Investors90
Minimum Investment$50,000
Securities TypePooled Investment Fund
State of IncorporationNot specified
Amendment CountOriginal filing only

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

Managing Member CrowdStreet Advisors, LLC

Director · Austin, TX

Kristen Howell

Executive Officer · Austin, TX

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Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.