Thurston Fund III (qp), LP
Private Equity FundFund ID 805-6385301321Delaware, United States
Gross assets
$192.8M
Min. investment
$500K
Beneficial owners
106
Size rank
Top 32%
Audited
Yes
Structure
Standalone
About this fund
Thurston Fund III (qp), LP is a private equity fund managed by Thurston Advisors, LLC. The fund reports $192.8 million in gross assets, placing it among the top 32% of private funds by size. The stated minimum investment is $500,000. 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 | 805-6385301321 |
| 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 | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Thurston Fund II, LP | Private Equity | $130.6M |
| Thurston Fund II (qp), L.P. | Private Equity | $97.1M |
| Thurston Fund III, LP | Private Equity | $38.4M |
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Join to unlock · $37/moFrequently asked questions
How large is Thurston Fund III (qp), LP?
Thurston Fund III (qp), LP reports $192.8 million in gross assets, among the top 32% of private funds by size.
What is the minimum investment for Thurston Fund III (qp), LP?
The stated minimum investment is $500,000.
Who manages Thurston Fund III (qp), LP?
Thurston Fund III (qp), LP is managed by Thurston Advisors, LLC.
Does Thurston Fund III (qp), LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
T
Vero Beach, FL
Service providers
Prime broker
None reported
Custodian
Administrator
Auditor
Marketer
Reported gross assets
$192.8M▲ 68%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 32%
Larger than 68% of 67,041 private funds
Gross assets vs Private Equity FundsTop 28%
Larger than 72% of 31,066 private equity funds
Minimum investmentTop 50%
Higher than 50% of funds reporting a minimum
Investor base
Adviser & related persons%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.