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Castlelake Asset-Based Private Credit III, L.P.

Private Equity FundFund ID 805-9789784280Delaware, United States
Gross assets
$4.9B
Min. investment
$10M
Beneficial owners
31
Size rank
Top 1%
Audited
Yes
Structure
Standalone

About this fund

Castlelake Asset-Based Private Credit III, L.P. is a private equity fund managed by Castlelake, L.P.. The fund reports $4.9 billion in gross assets, placing it among the top 1% of private funds by size. The stated minimum investment is $10 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-9789784280
Fund typePrivate Equity Fund
3(c)(1) exclusionYes
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
Sales limited to qualified investorsYes
% of assets independently valued6%

Other funds from this manager

FundTypeGross assets
Castlelake Aviation IV Stable Yield, L.P.Hedge$3.45B
Castlelake Aviation V Stable Yield, L.P.Private Equity$3.4B
Castlelake V Dislocated Opportunities, L.P.Private Equity$2.95B
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Frequently asked questions

How large is Castlelake Asset-Based Private Credit III, L.P.?

Castlelake Asset-Based Private Credit III, L.P. reports $4.9 billion in gross assets, among the top 1% of private funds by size.

What is the minimum investment for Castlelake Asset-Based Private Credit III, L.P.?

The stated minimum investment is $10 million.

Who manages Castlelake Asset-Based Private Credit III, L.P.?

Castlelake Asset-Based Private Credit III, L.P. is managed by Castlelake, L.P.

Does Castlelake Asset-Based Private Credit III, L.P. disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

C
Minneapolis, MN

Service providers

Prime broker
None reported
Administrator
Marketer

Reported gross assets

$4.9B▲ 180%
Mar '25 — $1.75BApr '25 — $1.75BMay '25 — $1.75BJun '25 — $1.75BJul '25 — $1.75BAug '25 — $1.75BSep '25 — $1.75BOct '25 — $1.75BNov '25 — $1.75BDec '25 — $1.75BJan '26 — $1.75BFeb '26 — $1.75BMar '26 — $4.9BApr '26 — $4.9BMay '26 — $4.9BJun '26 — $4.9B
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 1%
Larger than 99% of 67,041 private funds
Gross assets vs Private Equity FundsTop 1%
Larger than 99% of 31,066 private equity funds
Minimum investmentTop 6%
Higher than 94% of funds reporting a minimum

Investor base

Adviser & related persons1%
Funds of funds2%
Non-U.S. persons31%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.