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Emerald Direct Lending 3 LP

Private Equity FundFund ID 805-9022001597Canada
Gross assets
$674.3M
Min. investment
Beneficial owners
1
Size rank
Top 11%
Audited
Yes
Structure
Standalone

About this fund

Emerald Direct Lending 3 LP is a private equity fund managed by Blackstone Private Credit Strategies LLC. The fund reports $674.3 million in gross assets, placing it among the top 11% of private funds by size. 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 ID805-9022001597
Fund typePrivate Equity Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationNo
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued0%

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Frequently asked questions

How large is Emerald Direct Lending 3 LP?

Emerald Direct Lending 3 LP reports $674.3 million in gross assets, among the top 11% of private funds by size.

Who manages Emerald Direct Lending 3 LP?

Emerald Direct Lending 3 LP is managed by Blackstone Private Credit Strategies LLC.

Does Emerald Direct Lending 3 LP disclose returns?

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

Service providers

Prime broker
None reported
Custodian
Administrator
Auditor

Reported gross assets

$674.3M▲ 231%
Mar '25 — $203.8MApr '25 — $203.8MMay '25 — $203.8MJun '25 — $203.8MJul '25 — $203.8MAug '25 — $203.8MSep '25 — $203.8MOct '25 — $203.8MNov '25 — $203.8MDec '25 — $203.8MJan '26 — $203.8MFeb '26 — $203.8MMar '26 — $674.3MApr '26 — $674.3MMay '26 — $674.3MJun '26 — $674.3M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 11%
Larger than 89% of 67,041 private funds
Gross assets vs Private Equity FundsTop 10%
Larger than 90% of 31,066 private equity funds

Investor base

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