Mainsail Partners III, L.P.
Private Equity FundFund ID 805-8564833404Delaware, United States
Gross assets
$69.7M
Min. investment
$2M
Beneficial owners
70
Size rank
Top 50%
Audited
Yes
Structure
Standalone
About this fund
Mainsail Partners III, L.P. is a private equity fund managed by Mainsail Management Company, LLC. The fund reports $69.7 million in gross assets, placing it among the top 50% of private funds by size. The stated minimum investment is $2 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 | 805-8564833404 |
| Fund type | Private Equity Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 9% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Mainsail Partners VII, L.P. | Private Equity | $1.76B |
| Mainsail Partners VI, L.P. | Private Equity | $1.07B |
| Mainsail Partners V, L.P. | Private Equity | $766.9M |
See all 13 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Mainsail Partners III, L.P.?
Mainsail Partners III, L.P. reports $69.7 million in gross assets, among the top 50% of private funds by size.
What is the minimum investment for Mainsail Partners III, L.P.?
The stated minimum investment is $2 million.
Who manages Mainsail Partners III, L.P.?
Mainsail Partners III, L.P. is managed by Mainsail Management Company, LLC.
Does Mainsail Partners III, L.P. disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
M
Austin, TX
Service providers
Reported gross assets
$69.7M▼ 13%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 50%
Larger than 50% of 67,041 private funds
Gross assets vs Private Equity FundsTop 47%
Larger than 53% of 31,066 private equity funds
Minimum investmentTop 31%
Higher than 69% of funds reporting a minimum
Investor base
Adviser & related persons28%
Funds of funds32%
Non-U.S. persons8%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.