Fortress Lending Fund III (b) L.P.
Hedge FundFund ID 805-3068766308Cayman Islands
Gross assets
$810M
Min. investment
$5M
Beneficial owners
37
Size rank
Top 9%
Audited
Yes
Structure
Master
About this fund
Fortress Lending Fund III (b) L.P. is a hedge fund managed by Fig LLC. The fund reports $810 million in gross assets, placing it among the top 9% 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 ID | 805-3068766308 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | Yes |
| Feeder fund | Yes |
| Fund of funds | No |
| Relies on exemption from registration | No |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Drawbridge Special Opportunities Fund LP | Hedge | $10.51B |
| Fortress Lending III Holdings L.P. | Hedge | $4.44B |
| Fortress Credit Opportunities Fund V Expansion (a) LP | Hedge | $2.43B |
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Join to unlock · $37/moFrequently asked questions
How large is Fortress Lending Fund III (b) L.P.?
Fortress Lending Fund III (b) L.P. reports $810 million in gross assets, among the top 9% of private funds by size.
What is the minimum investment for Fortress Lending Fund III (b) L.P.?
The stated minimum investment is $5 million.
Who manages Fortress Lending Fund III (b) L.P.?
Fortress Lending Fund III (b) L.P. is managed by Fig LLC.
Does Fortress Lending Fund III (b) L.P. disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
F
New York, NY
Service providers
Prime broker
None reported
Custodian
Administrator
Auditor
Reported gross assets
$810M▼ 19%
Jan '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 9%
Larger than 91% of 67,041 private funds
Gross assets vs Hedge FundsTop 18%
Larger than 82% of 12,442 hedge funds
Minimum investmentTop 17%
Higher than 83% of funds reporting a minimum
Investor base
Adviser & related persons5%
Funds of funds14%
Non-U.S. persons84%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.