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Fpg Ad Claritas III, LP

Private Equity FundFund ID 805-9756175970Nevada, United States
Gross assets
$23.5M
Min. investment
$51K
Beneficial owners
40
Size rank
Top 67%
Audited
Yes
Structure
Standalone

About this fund

Fpg Ad Claritas III, LP is a private equity fund managed by First Principles Group Management, LLC. The fund reports $23.5 million in gross assets, placing it among the top 67% of private funds by size. The stated minimum investment is $50,750. 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 ID805-9756175970
Fund typePrivate Equity Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsYes
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued100%

Other funds from this manager

FundTypeGross assets
Fpg Ad Astra V, LLCPrivate Equity$258M
Fpg Ad Claritas I, LPVenture Capital$213.5M
Fpg Ad Astra IV, LLCPrivate Equity$182.1M
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Frequently asked questions

How large is Fpg Ad Claritas III, LP?

Fpg Ad Claritas III, LP reports $23.5 million in gross assets, among the top 67% of private funds by size.

What is the minimum investment for Fpg Ad Claritas III, LP?

The stated minimum investment is $50,750.

Who manages Fpg Ad Claritas III, LP?

Fpg Ad Claritas III, LP is managed by First Principles Group Management, LLC.

Does Fpg Ad Claritas III, 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

Reported gross assets

$23.5M▲ 220%
Mar '25 — $7.3MApr '25 — $7.3MMay '25 — $7.3MJun '25 — $7.3MJul '25 — $7.3MAug '25 — $7.3MSep '25 — $7.3MOct '25 — $7.3MNov '25 — $7.3MDec '25 — $7.3MJan '26 — $7.3MFeb '26 — $7.3MMar '26 — $23.5MApr '26 — $23.5MMay '26 — $23.5MJun '26 — $23.5M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 67%
Larger than 33% of 67,041 private funds
Gross assets vs Private Equity FundsTop 65%
Larger than 35% of 31,066 private equity funds
Minimum investmentTop 85%
Higher than 15% of funds reporting a minimum

Investor base

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