Anchorage Structured Credit Fund III, L.P.
Raised
$135M
Investors
5
Min Invest
$1,000,000
AltStreet Analysis
·Generated from EDGAR primary sources
Anchorage Structured Credit Fund III, L.P. is a Cayman Islands-domiciled pooled investment fund that raised $135.1M from 5 investors under Rule 506(b) and Section 3(c) exemptions, with a $1.0M minimum investment. The fund is managed by Anchorage Credit Advisor, L.L.C., with executive officers Yale Baron, Robert Dunleavy, and Thibault Gournay. This is the original filing dated December 19, 2025.
This private credit fund utilizes the standard 506(b) / 3(c) offshore structure common for institutional credit vehicles. The $1.0M minimum and 5-investor composition suggest an institutional-grade offering targeting qualified purchasers or accredited institutional investors, consistent with structured credit strategies in the private credit category.
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.
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
Anchorage Structured Credit Fund4 vehicles · 2 generations · since 2019 · $411.5M sold across the family
This issuer is in Fund III · Fund II had sold $68.0M at the same age (10 months from first filing)
| Vehicle | Role | First filed | Status | Sold | Investors |
|---|---|---|---|---|---|
| Fund III · first filed 2025-12-19 · 1 vehicle · $135.1M sold · 5 investors | |||||
| Anchorage Structured Credit Fund III, L.P.this issuer | 2025-12-19 | raising | $135.1M | 5 | |
| Fund II · first filed 2024-04-12 · 1 vehicle · $68.0M sold · 5 investors | |||||
| Anchorage Structured Credit Fund II, L.P. | 2024-04-12 | lapsed | $68.0M | 5 | |
| Unnumbered · first filed 2019-05-01 · 2 vehicles · $208.3M sold · 1 investors | |||||
| Anchorage Structured Credit Master Fund, L.P. | master | 2019-05-01 | dark | $208.3M | 1 |
| Anchorage Structured Credit Fund, L.P. | 2019-05-01 | dark | $208.3Mshared | 7 | |
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
2
latest Dec 19, 2025
Critical / warning
0 / 0
2 watch · 0 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
raising
Latest event New filer · Dec 19, 2025
SEC.govInvestor
- 2 filing events with values and deltas, latest 2025-12-19, and alerts on the next one
- 1 offering timeline: velocity, share raised, first-sale lag, stalled flags
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Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
n/a Anchorage Structured Credit Fund III GP, L.L.C.
Promoter · New York, NY
n/a Anchorage Credit Advisor, L.L.C.
Executive Officer · New York, NY
Yale Baron
Executive Officer · New York, NY
Robert Dunleavy
Executive Officer · New York, NY
Thibault Gournay
Executive Officer · New York, NY
Questions About Anchorage Structured Credit Fund III, 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 Anchorage Structured Credit Fund III, L.P.?
Anchorage Structured Credit Fund III, L.P. is a Cayman Islands entity that filed a Form D with the SEC on December 19, 2025 as a hedge 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 Anchorage Structured Credit Fund III, L.P..
Is Anchorage Structured Credit Fund III, L.P. legit?
AltStreet does not rate legitimacy; it reports the public record. Anchorage Structured Credit Fund III, L.P. filed a Form D with the SEC on December 19, 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 $135,115,000 sold to 5 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to Anchorage Structured Credit Fund III, L.P., 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 Anchorage Structured Credit Fund III, 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 Anchorage Structured Credit Fund III, L.P. 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 Anchorage Structured Credit Fund III, L.P. raised?
Anchorage Structured Credit Fund III, L.P. reported $135,115,000 sold from 5 investors of a $750,000,000 total offering as of the Form D filed December 19, 2025.
Who can invest in Anchorage Structured Credit Fund III, 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. 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 minimum investment accepted from an outside investor is $1,000,000.
What is the minimum investment in Anchorage Structured Credit Fund III, L.P.?
The Form D lists $1,000,000 as the minimum investment accepted from any outside investor as of December 19, 2025. Issuers can waive their own minimums, and the figure does not include fees.
Who is selling Anchorage Structured Credit Fund III, 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 Anchorage Structured Credit Fund III, L.P.?
The Form D lists 5 related persons: Anchorage Structured Credit Fund III GP, L.L.C., promoter (General Partner); Anchorage Credit Advisor, L.L.C., executive officer (Investment Manager); Yale J. Baron, executive officer; Robert O. Dunleavy, executive officer; Thibault M. Gournay, executive officer. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is Anchorage Structured Credit Fund III, L.P. located?
The issuer's address on its SEC filings is Walkers Corporate Limited, 190 Elgin Avenue, Grand Cayman, KY1-1108. Its phone number of record is 212-432-4600. It is organized under the laws of Cayman Islands.
How long is the Anchorage Structured Credit Fund III, L.P. 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, and no amendment is on record yet.
How large is Anchorage Structured Credit Fund III, L.P.?
The issuer declined to disclose its net asset value range on the Form D, which the form permits.
Is this your offering?
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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.