ASP SR PRIVATE CREDIT FUND III-A LP
Raised
$495M
Investors
2
Min Invest
None stated
AltStreet Analysis
·Generated from EDGAR primary sources
ASP SR PRIVATE CREDIT FUND III-A LP is a Delaware pooled investment fund that has raised $495.0M from 2 investors under Rule 506(b) and Section 3(c) exemptions. This amended filing reports a private credit vehicle managed by Adams Street Partners with a significant concentration of capital among institutional investors. Minimum investment was not disclosed on the filing.
This private credit fund exhibits characteristics typical of institutional-grade vehicles in the asset class: a 506(b) private placement with Section 3(c) exemption and a small investor count relative to substantial capital raised. The $247.5M average commitment per investor places this offering in the upper tier of institutional private credit funds, consistent with limited partnership structures targeting qualified purchasers and institutional allocators.
Data Flags
EDGAR Filing Data
Form D — Primary Source
View on SEC.govFilings on Record
Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.
Capital Raise Timeline
4 Form D filings from Jun 5, 2023 to Nov 21, 2025, the latest a D/A.
Fund Family
Every vehicle in this manager's series as it appears on EDGAR, newest generation first. Sold-to-date and investor counts are each vehicle's latest Form D.
Fund family
ASP SR PRIVATE CREDIT FUND11 vehicles · 2 generations · since 2020 · $2.55B sold across the family
This issuer is in Fund III · Fund II is the prior generation
| Vehicle | Role | First filed | Status | Sold | Investors |
|---|---|---|---|---|---|
| Fund III · first filed 2023-06-05 · 6 vehicles · $2.55B sold · 7 investors | |||||
| ASP SR PRIVATE CREDIT FUND III-A LPthis issuer | sleeve A | 2023-06-05 | raising | $495.0M | 2 |
| ASP SR PRIVATE CREDIT FUND III-B LP | sleeve B | 2023-06-05 | raising | $1.54B | 3 |
| ASP SR PRIVATE CREDIT FUND III-B NO LP | sleeve B, no | 2023-06-05 | raising | $1.54Bshared | 3 |
| ASP SR PRIVATE CREDIT FUND III-A NO LP | sleeve A, no | 2023-06-05 | raising | $495.0Mshared | 2 |
| ASP SR PRIVATE CREDIT FUND III-C LP | sleeve C | 2023-06-05 | raising | $263.8M | 1 |
| ASP SR PRIVATE CREDIT FUND III-C NO LP | sleeve C, no | 2023-06-05 | dark | $251.0M | 1 |
| Fund II · first filed 2020-04-10 · 5 vehicles | |||||
| ASP Sr Private Credit Fund II-A LP | sleeve A | 2020-04-10 | pre sale | $0 | 0 |
| ASP Sr Private Credit Fund II-A NO LP | sleeve A, no | 2020-04-10 | pre sale | $0 | 0 |
| ASP Sr Private Credit Fund II-B NO LP | sleeve B, no | 2020-04-10 | pre sale | $0 | 0 |
| ASP Sr Private Credit Fund II-B LP | sleeve B | 2020-04-10 | pre sale | $0 | 0 |
| ASP Sr Private Credit Fund II-C LP | sleeve C | 2020-06-18 | pre sale | $0 | 0 |
Grouped from Form D issuer names (generation, sleeve, jurisdiction and legal-form tokens removed); a name-only match, so abbreviated or renamed vehicles can be missed. Sold and investor figures are each vehicle's latest Form D; sleeves that report the same figure share one family-wide total and are counted once. Performance lines are what a public pension plan reports for its own interest in that fund, net, on the plan's cash flows and valuation date; they are not the general partner's figures.
In the Terminal
Filing events
8
latest Nov 21, 2025
Critical / warning
0 / 1
6 watch · 1 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
raising
Latest event Sold increase · Nov 21, 2025
SEC.govInvestor
- 8 filing events with values and deltas, latest 2025-11-21, and alerts on the next one
- 1 offering timeline: velocity, share raised, first-sale lag, stalled flags
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Regulatory Activity
Filing events on this entity detected by AltStreet's EDGAR monitoring.
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Get the signal feedRelated Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Item 3 changed on the Form D filed 2025-11-21: 2 related persons added and 2 removed against the filing of 2025-06-05; 17 now listed. The names are in the Terminal feed.
N/A ADAMS STREET PRIVATE CREDIT FUND III GP LP
Director · CHICAGO, IL
N/A ADAMS STREET PRIVATE CREDIT FUND GP-GP LLC
Director · CHICAGO, IL
N/A ADAMS STREET PARTNERS, LLC
Director · CHICAGO, IL
JEFFREY AKERS
Executive Officer · CHICAGO, IL
DAVID BRETT
Executive Officer · CHICAGO, IL
SARA DASSE
Executive Officer · CHICAGO, IL
JEFFREY DIEHL
Executive Officer · CHICAGO, IL
STEVEN MONTAG
Executive Officer · CHICAGO, IL
MIGUEL GONZALO
Executive Officer · CHICAGO, IL
BRIJESH JEEVARATHNAM
Executive Officer · CHICAGO, IL
ERIC MANSELL
Executive Officer · CHICAGO, IL
ROBIN MURRAY
Executive Officer · CHICAGO, IL
KEVIN O'DONNELL
Executive Officer · CHICAGO, IL
WILLIAM SACHER
Executive Officer · CHICAGO, IL
JAMES WALKER
Executive Officer · CHICAGO, IL
MICHAEL KURLANDER
Executive Officer · CHICAGO, IL
ALICIA PANDO
Executive Officer · CHICAGO, IL
Questions About ASP SR PRIVATE CREDIT FUND III-A LP
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is ASP SR PRIVATE CREDIT FUND III-A LP?
ASP SR PRIVATE CREDIT FUND III-A LP is a Delaware limited partnership that filed a Form D with the SEC on November 21, 2025 as a other investment fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(7) for an offering of pooled investment fund interests. AltStreet links the issuer to ASP SR PRIVATE CREDIT FUND III-A LP.
Is ASP SR PRIVATE CREDIT FUND III-A LP legit?
AltStreet does not rate legitimacy; it reports the public record. ASP SR PRIVATE CREDIT FUND III-A LP filed a Form D with the SEC on November 21, 2025 claiming Rule 506(b), Section 3(c), Section 3(c)(7). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $494,984,786 sold to 2 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to ASP SR PRIVATE CREDIT FUND III-A LP, which AltStreet has reviewed. 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 ASP SR PRIVATE CREDIT FUND III-A 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 ASP SR PRIVATE CREDIT FUND III-A LP claimed Rule 506(b), Section 3(c), Section 3(c)(7) 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 ASP SR PRIVATE CREDIT FUND III-A LP raised?
ASP SR PRIVATE CREDIT FUND III-A LP reported $494,984,786 sold from 2 investors in an offering of indefinite size as of the Form D filed November 21, 2025.
Who can invest in ASP SR PRIVATE CREDIT FUND III-A LP?
The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(7), each investor must be a qualified purchaser, generally an individual with at least $5 million in investments. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated.
What is the minimum investment in ASP SR PRIVATE CREDIT FUND III-A LP?
The Form D lists the minimum investment as $0, which means the issuer did not state a minimum on the form. The offering documents, not the Form D, set the actual subscription terms.
Who is selling ASP SR PRIVATE CREDIT FUND III-A LP and how are they paid?
The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.
Who is behind ASP SR PRIVATE CREDIT FUND III-A LP?
The Form D lists 17 related persons: ADAMS STREET PRIVATE CREDIT FUND III GP LP, director ("General Partner of the Issuer (the ""General Partner"")"); ADAMS STREET PRIVATE CREDIT FUND GP-GP LLC, director (General Partner of the General Partner); ADAMS STREET PARTNERS, LLC, director (Member of the general partner of the General Partner); JEFFREY B. AKERS, executive officer (Executive Officer of Adams Street Partners, LLC); DAVID J. BRETT, executive officer (Executive Officer of Adams Street Partners, LLC); SARA R. DASSE, executive officer (Executive Officer of Adams Street Partners, LLC); JEFFREY T. DIEHL, executive officer (Executive Officer of Adams Street Partners, LLC); STEVEN T. MONTAG, executive officer (Executive Officer of Adams Street Partners, LLC), and 9 more. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is ASP SR PRIVATE CREDIT FUND III-A LP located?
The issuer's address on its SEC filings is One North Wacker Dr., Suite 2700, Chicago, IL 60606. Its phone number of record is 312-553-7890. It is organized under the laws of Delaware.
How long is the ASP SR PRIVATE CREDIT FUND III-A LP offering open?
The issuer indicated that the offering is intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 3 amendments are on record for this CIK.
How large is ASP SR PRIVATE CREDIT FUND III-A LP?
The issuer declined to disclose its net asset value range on the Form D, which the form permits.
Is this your offering?
Claim this profile to add contact information, team members, LinkedIn profiles, fund history, and additional financial data. EDGAR-sourced data and AltStreet analysis cannot be edited, but corrections can be requested for verifiable inaccuracies.
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.