LNC Partners III-SBIC, L.P.
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
$98M
Investors
8
Min Invest
None stated
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What this filing shows
·Every sentence is a value as filed on SEC Form D
LNC Partners III-SBIC, L.P. is a Delaware limited partnership that filed a Form D with the SEC on January 7, 2025, describing itself as a other investment fund. The offering claims Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7) and covers pooled investment fund interests. LNC Partners III-SBIC, L.P. reported $97,500,000 sold from 8 investors in an offering of indefinite size as of the Form D filed January 7, 2025. 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. The filing checks both Section 3(c)(1), which caps the fund at 100 beneficial owners, and Section 3(c)(7), which requires every investor to be a qualified purchaser, generally an individual with at least $5 million in investments. A fund normally relies on one or the other. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated. 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. The issuer's address of record is Plaza America Tower Iii, 11720 Plaza America Drive Suite 650, Reston, VA 20190.
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.
In the Terminal
Filing events
1
latest Jan 7, 2025
Critical / warning
0 / 0
1 watch · 0 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
lapsed
Latest event New filer · Jan 7, 2025
SEC.govFund family Part of the LNC Partners family: 3 vehicles across 2 generations · adviser of record Lnc Partners · 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 filing event with values and deltas, latest 2025-01-07, and alerts on the next one
- 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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Counts and dates above are the free record. The values, the series and the comparisons are the seat. Loading your view…
Adviser of Record (Form ADV)
CRD 319581 · SEC-registered adviser · lists this fund on Schedule D 7.B.(1) as a private equity fund
Auditor named on Form ADV: PricewaterhouseCoopers LLP · PCAOB-registered per the adviser
From the adviser's Form ADV as loaded from the SEC bulk data, joined on this issuer's Form D file number. Fund-level figures and the adviser's full fund roster are in the terminal.
Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
LNC Partners III-SBIC GP, LLC
Executive Officer · Reston, VA
General Partner
LNC Management, L.P.
Executive Officer · Reston, VA
Management Company
LNC Management, LLC
Executive Officer · Reston, VA
Management Company Sub Advisor
Matthew Kelty
Executive Officer · Reston, VA
Managing Member of the General Partner
Robert Monk
Executive Officer · Reston, VA
Managing Member of the General Partner
Mark Raterman
Executive Officer · Reston, VA
Managing Member of the General Partner
Kevin Cunningham
Executive Officer · Reston, VA
Member of the General Partner
Daniel Higgins
Executive Officer · Reston, VA
Member of the General Partner
Jonathan Felsher
Executive Officer · Reston, VA
Member of the General Partner
Eugene Park
Executive Officer · Reston, VA
Member of the General Partner
David Schmoeller
Executive Officer · Reston, VA
Member of the General Partner
Justin McCarthy
Executive Officer · Reston, VA
Member of the General Partner
Questions About LNC Partners III-SBIC, L.P.
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is LNC Partners III-SBIC, L.P.?
LNC Partners III-SBIC, L.P. is a Delaware limited partnership that filed a Form D with the SEC on January 7, 2025 as a other investment fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7) for an offering of pooled investment fund interests.
Is LNC Partners III-SBIC, L.P. legit?
AltStreet does not rate legitimacy; it reports the public record. LNC Partners III-SBIC, L.P. filed a Form D with the SEC on January 7, 2025 claiming Rule 506(b), Section 3(c), Section 3(c)(1), 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 $97,500,000 sold to 8 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 LNC Partners III-SBIC, L.P. 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 LNC Partners III-SBIC, L.P. claimed Rule 506(b), Section 3(c), Section 3(c)(1), 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 LNC Partners III-SBIC, L.P. raised?
LNC Partners III-SBIC, L.P. reported $97,500,000 sold from 8 investors in an offering of indefinite size as of the Form D filed January 7, 2025.
Who can invest in LNC Partners III-SBIC, L.P.?
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. The filing checks both Section 3(c)(1), which caps the fund at 100 beneficial owners, and Section 3(c)(7), which requires every investor to be a qualified purchaser, generally an individual with at least $5 million in investments. A fund normally relies on one or the other. 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 LNC Partners III-SBIC, L.P.?
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 LNC Partners III-SBIC, L.P. 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 LNC Partners III-SBIC, L.P.?
The Form D lists 12 related persons: LNC Partners III-SBIC GP, LLC, executive officer (General Partner); LNC Management, L.P., executive officer (Management Company); LNC Management, LLC, executive officer (Management Company Sub Advisor); Matthew Kelty, executive officer (Managing Member of the General Partner); Robert Monk, executive officer (Managing Member of the General Partner); Mark Raterman, executive officer (Managing Member of the General Partner); Kevin Cunningham, executive officer (Member of the General Partner); Daniel Higgins, executive officer (Member of the General Partner), and 4 more. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is LNC Partners III-SBIC, L.P. located?
The issuer's address on its SEC filings is Plaza America Tower Iii, 11720 Plaza America Drive Suite 650, Reston, VA 20190. Its phone number of record is 703-651-2149. It is organized under the laws of Delaware.
How long is the LNC Partners III-SBIC, L.P. 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, and no amendment is on record yet.
How large is LNC Partners III-SBIC, L.P.?
The issuer declined to disclose its net asset value 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.