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Dref III International Fund LP

Real Estate FundFund ID 805-6216387183Delaware, United States
Gross assets
$15.7M
Min. investment
$5M
Beneficial owners
5
Size rank
Top 73%
Audited
Yes
Structure
Master

About this fund

Dref III International Fund LP is a real estate fund managed by Dune Real Estate Partners LP. The fund reports $15.7 million in gross assets, placing it among the top 73% of private funds by size. The stated minimum investment is $5 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 ID805-6216387183
Fund typeReal Estate Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundYes
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued0%

Other funds from this manager

FundTypeGross assets
Dune Real Estate Fund IV LPReal Estate$588.3M
Dref III 2022 LPReal Estate$287M
Dref IV International Feeder II LPReal Estate$210.9M
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Frequently asked questions

How large is Dref III International Fund LP?

Dref III International Fund LP reports $15.7 million in gross assets, among the top 73% of private funds by size.

What is the minimum investment for Dref III International Fund LP?

The stated minimum investment is $5 million.

Who manages Dref III International Fund LP?

Dref III International Fund LP is managed by Dune Real Estate Partners LP.

Does Dref III International Fund LP disclose returns?

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

Manager

Service providers

Prime broker
None reported
Custodian
Administrator
Auditor

Reported gross assets

$15.7M▼ 33%
Mar '25 — $23.3MApr '25 — $23.3MMay '25 — $23.3MJun '25 — $23.3MJul '25 — $23.3MAug '25 — $23.3MSep '25 — $23.3MOct '25 — $23.3MNov '25 — $23.3MDec '25 — $23.3MJan '26 — $23.3MFeb '26 — $23.3MMar '26 — $15.7MApr '26 — $15.7MMay '26 — $15.7MJun '26 — $15.7M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 73%
Larger than 27% of 67,041 private funds
Gross assets vs Real Estate FundsTop 64%
Larger than 36% of 5,814 real estate funds
Minimum investmentTop 17%
Higher than 83% of funds reporting a minimum

Investor base

Adviser & related persons44%
Funds of funds66%
Non-U.S. persons56%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.