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III Absolute Return Fund LLC

Hedge FundFund ID 805-6447702762Delaware, United States
Gross assets
$15.28B
Min. investment
$1M
Beneficial owners
2
Size rank
Top 1%
Audited
Yes
Structure
Standalone

About this fund

III Absolute Return Fund LLC is a hedge fund managed by III Capital Management. The fund reports $15.3 billion in gross assets, placing it among the top 1% of private funds by size. The stated minimum investment is $1 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 ID805-6447702762
Fund typeHedge 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 valued100%

Other funds from this manager

FundTypeGross assets
Iii-Ki Opportunities Fund LLCHedge$20.76B
III Protection Strategies Fund Ltd.Hedge$6.95B
III Volga Multi-Strategy Fund L.P.Hedge$4.28B
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Frequently asked questions

How large is III Absolute Return Fund LLC?

III Absolute Return Fund LLC reports $15.3 billion in gross assets, among the top 1% of private funds by size.

What is the minimum investment for III Absolute Return Fund LLC?

The stated minimum investment is $1 million.

Who manages III Absolute Return Fund LLC?

III Absolute Return Fund LLC is managed by III Capital Management.

Does III Absolute Return Fund LLC disclose returns?

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

Manager

I

Service providers

Prime broker
Custodian
Administrator
Marketer

Reported gross assets

$15.28B▼ 33%
Mar '25 — $22.66BApr '25 — $22.66BMay '25 — $22.66BJun '25 — $22.66BJul '25 — $22.66BAug '25 — $22.66BSep '25 — $22.66BOct '25 — $22.66BNov '25 — $22.66BDec '25 — $22.66BJan '26 — $22.66BFeb '26 — $22.66BMar '26 — $15.28BApr '26 — $15.28BMay '26 — $15.28BJun '26 — $15.28B
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 1%
Larger than 99% of 67,041 private funds
Gross assets vs Hedge FundsTop 1%
Larger than 99% of 12,442 hedge funds
Minimum investmentTop 33%
Higher than 67% of funds reporting a minimum

Investor base

Adviser & related persons%
Funds of funds%
Non-U.S. persons99%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.