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L••• R•••• E••••• P••••••• I••• L•

Buyout fundmanaged by L••• R•••• E••••• P•••••••ACTIVE DEPLOYMENTADV Private Equity Fund· Delaware

Equity Partners, number 3 in the main family, organised in Delaware.

Reported assets
$427M
Form ADV Schedule D
Vintage
2020
vintage basis: form d first sale
Sold to date
$445M of $445M
Form D
Investors
57
Form D
As of · the latest filing on this vehicle; each amount below carries its own basis
Amounts, each with its basis
Vintage
2020basis: Form D first sale
Target
unknownnot announced
First close
unknownnever inferred from a Form D
Final close
$445M on Mar 11, 2026final close announced
Announced size
$445Mfinal close announced
Form D offering
$445Mwhat may be sold, not what was raised
Form D sold
$445Mas of the filing of Oct 23, 2020, 57 investors
First sale
Apr 1, 2020
Reported gross assets
$427MForm ADV, as of Mar 27, 2026; not fund size, not dry powder
Peak reported gross assets
$427Mhighest year on the reporting tape
Owners (ADV)
58
Reported on ADV
Mar 30, 2021 to Mar 27, 2026
Structure
standalone
Fund of funds (ADV)
no
Strategy
Equity Partners
Lifecycle
Active deployment
rule: 2 to 5 years in and gross assets rose at least 10% on the last stepmodel: lc-pe-1gav path: 2021,322849997,2022,392363729,2023,385167735,2024,357793426,2026,427125897peak gav: $427Mas of year: $2,026latest gav: $427Mreported years: 5last step change: 0.194age years at as of: 5drawdown from peak: 0first reported year: $2,021
Reported gross assets by year
5 annual rows
YearFiledTypeGross assets OwnersMin. investmentNon-US ownedSource
2021Mar 30, 2021Private Equity Fund$323M
58$100,0000%adviserinfo.sec.gov
2022Mar 31, 2022Private Equity Fund$392M
58$100,0000%adviserinfo.sec.gov
2023Mar 30, 2023Private Equity Fund$385M
58$100,0000%adviserinfo.sec.gov
2024Mar 27, 2024Private Equity Fund$358M
58$100,0000%adviserinfo.sec.gov
2026Mar 27, 2026Private Equity Fund$427M
58$100,0000%reports.adviserinfo.sec.gov
Placement agents and principals
2 placement agents, 4 principals
Limited partners
1 disclosed
LPCommitmentCommittedKindSource
N•• Y••• S•••• C••••• R••••••••• F•••$18.8Munknownprimary
••• Locked
Pension disclosure
Investments attributed to this fund
0
No investment attributed to this fund. A firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Events
5 most recent
  1. Sep 23, 2026
    ••• Locked
    Fund form d filed Fact Form D
  2. Mar 11, 2026
    ••• Locked
    Fund final close Fact Press release
  3. Mar 31, 2025
    ••• Locked
    LP commitment disclosed Fact Pension disclosure
  4. Mar 30, 2021
    ••• Locked
    Fund first reported on Form ADV Fact Form ADV
  5. Oct 23, 2020
    ••• Locked
    Fund form d amended Fact Form D

Not yet on record: target.