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Fundamental Partners III LP

Hedge FundFund ID 805-8483491357Delaware, United States
Gross assets
$805.2M
Min. investment
$10M
Beneficial owners
445
Size rank
Top 9%
Audited
Yes
Structure
Master

About this fund

Fundamental Partners III LP is a hedge fund managed by Fundamental Advisors LP. The fund reports $805.2 million in gross assets, placing it among the top 9% of private funds by size. The stated minimum investment is $10 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 ID805-8483491357
Fund typeHedge 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 valued100%

Other funds from this manager

FundTypeGross assets
Fundamental Partners IV LPHedge$1.62B
Fp Solar Construction Finance LLCHedge$756.4M
Fundamental Empire Fund LPHedge$479.5M
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Frequently asked questions

How large is Fundamental Partners III LP?

Fundamental Partners III LP reports $805.2 million in gross assets, among the top 9% of private funds by size.

What is the minimum investment for Fundamental Partners III LP?

The stated minimum investment is $10 million.

Who manages Fundamental Partners III LP?

Fundamental Partners III LP is managed by Fundamental Advisors LP.

Does Fundamental Partners III 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
Custodian
Administrator

Reported gross assets

$805.2M▼ 10%
Mar '25 — $895.6MApr '25 — $895.6MMay '25 — $895.6MJun '25 — $895.6MJul '25 — $895.6MAug '25 — $895.6MSep '25 — $895.6MOct '25 — $895.6MNov '25 — $895.6MDec '25 — $895.6MJan '26 — $895.6MFeb '26 — $895.6MMar '26 — $805.2MApr '26 — $805.2MMay '26 — $805.2MJun '26 — $805.2M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 9%
Larger than 91% of 67,041 private funds
Gross assets vs Hedge FundsTop 19%
Larger than 81% of 12,442 hedge funds
Minimum investmentTop 6%
Higher than 94% of funds reporting a minimum

Investor base

Adviser & related persons15%
Funds of funds11%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.