Deerfield Private Design Fund III, L.P.
Hedge FundFund ID 805-7675685138Delaware, United States
Gross assets
$1.53B
Min. investment
$1M
Beneficial owners
153
Size rank
Top 5%
Audited
Yes
Structure
Standalone
About this fund
Deerfield Private Design Fund III, L.P. is a hedge fund managed by Deerfield Management Company, L.P.. The fund reports $1.5 billion in gross assets, placing it among the top 5% of private funds by size. The stated minimum investment is $1 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 ID | 805-7675685138 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 84% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Deerfield Partners, L.P. | Hedge | $8.98B |
| Deerfield Private Design Fund IV, L.P. | Hedge | $3.85B |
| Deerfield Healthcare Innovations Fund, L.P. | Hedge | $1.8B |
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Join to unlock · $37/moFrequently asked questions
How large is Deerfield Private Design Fund III, L.P.?
Deerfield Private Design Fund III, L.P. reports $1.5 billion in gross assets, among the top 5% of private funds by size.
What is the minimum investment for Deerfield Private Design Fund III, L.P.?
The stated minimum investment is $1 million.
Who manages Deerfield Private Design Fund III, L.P.?
Deerfield Private Design Fund III, L.P. is managed by Deerfield Management Company, L.P.
Does Deerfield Private Design Fund III, L.P. disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
D
New York, NY
Service providers
Reported gross assets
$1.53B▼ 8%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 5%
Larger than 95% of 67,041 private funds
Gross assets vs Hedge FundsTop 11%
Larger than 89% of 12,442 hedge funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum
Investor base
Adviser & related persons3%
Funds of funds16%
Non-U.S. persons13%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.