Ashcroft Value-Add Fund III, LP
Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.
Raised
$57M
Investors
547
Min Invest
$25,000
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What this filing shows
·Every sentence is a value as filed on SEC Form D
Ashcroft Value-Add Fund III, LP is a Delaware limited partnership that first filed a Form D on November 28, 2022 and most recently amended it on November 27, 2023 in the Residential industry group. The offering claims Section 3(c)(1), 3C.5, 3C.6, Rule 506(c) and covers equity and pooled investment fund interests. Ashcroft Value-Add Fund III, LP reported $57,201,677 sold from 547 investors in an offering of indefinite size as of the Form D filed November 27, 2023. The offering relies on Rule 506(c), so the issuer may advertise it but may sell only to investors it has verified as accredited. Because the fund also relies on Section 3(c)(1), it may have no more than 100 beneficial owners. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $25,000. The Form D names PHASE ONE FINANCIAL SERVICES, LLC (CRD 290317), associated with None; FNEX CAPITAL, LLC (CRD 166316), associated with None; FINALIS SECURITIES LLC (CRD 305908), associated with None as recipients of sales compensation soliciting in AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, PA, PR, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY. The issuer's address of record is Ashcroft Value-Add Fund Iii, LP, 461 Fifth Avenue, Floor 16, New York, NY 10017.
EDGAR Filing Data
Form D — Primary Source
View on SEC.govFilings on Record
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In the Terminal
Filing events
0
none on file
Critical / warning
0 / 0
0 watch · 0 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
lapsed
Fund family Part of the Ashcroft Value Add Fund family: 3 vehicles across 2 generations · full family and the filing behind each link in the terminal
Investor
- The full fund family and any related vehicles (parallel, feeder, successor, sibling series) with the filing that shows each link
- 1 offering timeline: velocity, share raised, first-sale lag, stalled flags
Pro
- This issuer against its cohort: rank by velocity and share raised among offerings filed the same quarter
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Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Frank Roessler
Executive Officer · New York, NY
Chief Executive Officer of the General Partner of Issuer
Scott Lebenhart
Executive Officer · New York, NY
Chief Investment Officer of the GP of Issuer
Placement Agents and Sales Compensation (Form D)
Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.
PHASE ONE FINANCIAL SERVICES, LLCCRD 290317 on BrokerCheck
Associated broker-dealer: None · New York, NY · Soliciting in AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, PA, PR, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
FNEX CAPITAL, LLCCRD 166316 on BrokerCheck
Associated broker-dealer: None · Indianapolis, IN · Soliciting in AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
FINALIS SECURITIES LLCCRD 305908 on BrokerCheck
Associated broker-dealer: None · Chicago, IL · Soliciting in all states
Questions About Ashcroft Value-Add Fund III, LP
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is Ashcroft Value-Add Fund III, LP?
Ashcroft Value-Add Fund III, LP is a Delaware limited partnership that filed a Form D with the SEC on November 27, 2023 in the Residential industry group. The filing claims Section 3(c)(1), 3C.5, 3C.6, Rule 506(c) for an offering of equity and pooled investment fund interests.
Is Ashcroft Value-Add Fund III, LP legit?
AltStreet does not rate legitimacy; it reports the public record. Ashcroft Value-Add Fund III, LP filed a Form D with the SEC on November 27, 2023 claiming Section 3(c)(1), 3C.5, 3C.6, Rule 506(c). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $57,201,677 sold to 547 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is Ashcroft Value-Add Fund III, LP registered with or approved by the SEC?
No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Ashcroft Value-Add Fund III, LP claimed Section 3(c)(1), 3C.5, 3C.6, Rule 506(c) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has Ashcroft Value-Add Fund III, LP raised?
Ashcroft Value-Add Fund III, LP reported $57,201,677 sold from 547 investors in an offering of indefinite size as of the Form D filed November 27, 2023.
Who can invest in Ashcroft Value-Add Fund III, LP?
The offering relies on Rule 506(c), so the issuer may advertise it but may sell only to investors it has verified as accredited. Because the fund also relies on Section 3(c)(1), it may have no more than 100 beneficial owners. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $25,000.
What is the minimum investment in Ashcroft Value-Add Fund III, LP?
The Form D lists $25,000 as the minimum investment accepted from any outside investor as of November 27, 2023. Issuers can waive their own minimums, and the figure does not include fees.
Who is selling Ashcroft Value-Add Fund III, LP and how are they paid?
The Form D names PHASE ONE FINANCIAL SERVICES, LLC (CRD 290317), associated with None; FNEX CAPITAL, LLC (CRD 166316), associated with None; FINALIS SECURITIES LLC (CRD 305908), associated with None as recipients of sales compensation soliciting in AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, PA, PR, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY.
Who is behind Ashcroft Value-Add Fund III, LP?
The Form D lists 2 related persons: Frank Roessler, executive officer (Chief Executive Officer of the General Partner of Issuer); Scott Lebenhart, executive officer (Chief Investment Officer of the GP of Issuer). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is Ashcroft Value-Add Fund III, LP located?
The issuer's address on its SEC filings is Ashcroft Value-Add Fund Iii, LP, 461 Fifth Avenue, Floor 16, New York, NY 10017. Its phone number of record is 646-308-1511. It is organized under the laws of Delaware.
How long is the Ashcroft Value-Add Fund III, LP offering open?
The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 2 amendments are on record for this CIK.
What is Ashcroft Value-Add Fund III, LP's revenue?
The issuer declined to disclose its revenue range on the Form D, which the form permits.
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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.