PPrivate Fund Data
CompaniesFundsPeopleRankingsScreener

Headlands Capital Secondary Fund III, LP

Private Equity FundFund ID 805-1252185868Delaware, United States
Gross assets
$231.6M
Min. investment
$5M
Beneficial owners
160
Size rank
Top 29%
Audited
Yes
Structure
Master

About this fund

Headlands Capital Secondary Fund III, LP is a private equity fund managed by Hcsf Management, LLC. The fund reports $231.6 million in gross assets, placing it among the top 29% 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 ID805-1252185868
Fund typePrivate Equity Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundYes
Feeder fundNo
Fund of fundsYes
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued92%

Other funds from this manager

FundTypeGross assets
Headlands Capital Secondary Fund IV, LPPrivate Equity$374.7M
Headlands Capital Secondary Fund V, LPPrivate Equity$142M
Headlands Strategic Opportunities Fund, LPHedge$118.6M
See all 5 funds from this manager — unlock the full record.
Join to unlock · $37/mo

Frequently asked questions

How large is Headlands Capital Secondary Fund III, LP?

Headlands Capital Secondary Fund III, LP reports $231.6 million in gross assets, among the top 29% of private funds by size.

What is the minimum investment for Headlands Capital Secondary Fund III, LP?

The stated minimum investment is $5 million.

Who manages Headlands Capital Secondary Fund III, LP?

Headlands Capital Secondary Fund III, LP is managed by Hcsf Management, LLC.

Does Headlands Capital Secondary Fund 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
Auditor

Reported gross assets

$231.6M▼ 16%
Mar '25 — $277.1MApr '25 — $277.1MMay '25 — $277.1MJun '25 — $277.1MJul '25 — $277.1MAug '25 — $277.1MSep '25 — $277.1MOct '25 — $277.1MNov '25 — $277.1MDec '25 — $277.1MJan '26 — $277.1MFeb '26 — $277.1MMar '26 — $231.6MApr '26 — $231.6MMay '26 — $231.6MJun '26 — $231.6M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 29%
Larger than 71% of 67,041 private funds
Gross assets vs Private Equity FundsTop 25%
Larger than 75% of 31,066 private equity funds
Minimum investmentTop 17%
Higher than 83% of funds reporting a minimum

Investor base

Adviser & related persons2%
Funds of funds%
Non-U.S. persons8%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.