DFX Intelligence
Private Equity Intelligence
Firms, funds, people, portfolio companies and transactions from sworn filings and cited announcements, kept as a graph with a date and a source on every edge. Reported gross assets are never fund size, regulatory AUM is never dry powder, and a deal value prints only when someone disclosed it.
Funds / Banner Ridge Secondary Fund III Co, LP
Banner Ridge Secondary Fund III Co, LP
Amounts, each with its basis
- Vintage
- 2019basis: first reported on Form ADV
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- unknownwhat may be sold, not what was raised
- Form D sold
- unknownno Form D on record
- First sale
- unknown
- Reported gross assets
- $132MForm ADV, as of Jul 3, 2024; not fund size, not dry powder
- Peak reported gross assets
- $134Mhighest year on the reporting tape
- Owners (ADV)
- 13
- Reported on ADV
- Nov 19, 2019 to Jul 3, 2024
- Structure
- standalone
- Fund of funds (ADV)
- yes
- Strategy
- ADV 7.B.(1) fund of funds = Y
Lifecycle
Mature
rule: gross assets within 10% of the prior yearmodel: lc-pe-1gav path: 2019,0,2020,104109860,2021,121461337,2022,131873335,2023,133696989,2024,131621501peak gav: $134Mas of year: $2,024latest gav: $132Mreported years: 6last step change: -0.016age years at as of: 5drawdown from peak: 0.016first reported year: $2,019
Reported gross assets by year
6 annual rows
| Year | Filed | Type | Gross assets | Owners | Min. investment | Non-US owned | Source | |
|---|---|---|---|---|---|---|---|---|
| 2019 | Nov 19, 2019 | Private Equity Fund | $0 | 0 | $5.0M | 0% | adviserinfo.sec.gov | |
| 2020 | Oct 26, 2020 | Private Equity Fund | $104M | 13 | $5.0M | 0% | adviserinfo.sec.gov | |
| 2021 | Nov 5, 2021 | Private Equity Fund | $121M | 14 | $5.0M | 0% | adviserinfo.sec.gov | |
| 2022 | Mar 31, 2022 | Private Equity Fund | $132M | 14 | $5.0M | 0% | adviserinfo.sec.gov | |
| 2023 | Apr 11, 2023 | Private Equity Fund | $134M | 14 | $5.0M | 0% | adviserinfo.sec.gov | |
| 2024 | Jul 3, 2024 | Private Equity Fund | $132M | 13 | $5.0M | 0% | adviserinfo.sec.gov |
Placement agents and principals
0 placement agents, 0 principals
No placement agent or principal collected for this fund yet. Both come from the related persons and sales compensation sections of Form D.
Limited partners
0 disclosed
No LP commitment to this fund collected yet. An LP appears only when a public disclosure names this fund.
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
1 most recent
- Nov 19, 2019Banner Ridge Secondary Fund III Co, LP first reported on Form ADV by Banner Ridge Partners (Private Equity Fund)Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)