DFX Intelligence
Western Alternative Strategies, L.P. - Private Opportunities III
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 event
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- +57%reported GAV
Reported gross assets rose from $12.2M to $19.2M between the Form ADV filings of 26 Sep 2024 and 16 Jul 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2022basis: form d first sale
- 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
- indefinitewhat may be sold, not what was raised; file 021-446650, sworn by the adviser or filed under this vehicle
- Form D sold
- $14.6Mas of the filing of May 21, 2024, 49 investors
- First sale
- Aug 1, 2022
- Reported GAV
- $19.2Mon the Form ADV filed Jul 16, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 54
- Reported on ADV
- Mar 29, 2023 to Jul 16, 2026
Fundraising evidence
What counts as raisingA Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.Unknown
latest Form D 2024-05-21, older than 15 months (fr-1)
evidence dated May 21, 2024.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 4first sale: Aug 1, 2022vintage year: 2022adv gav as of: Jul 16, 2026vintage basis: Form d first saleform d sold: $14.6Mform d offering: n/aform d latest filed at: May 21, 2024
The fund's own reporting through time
6 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2023 | Venture Capital Fund | $8.6M | 17 | $500,000 | 1% | yes | |
| May 1, 2023 | Venture Capital Fund | $8.6M | 17 | $500,000 | 1% | yes | |
| Oct 3, 2023 | Venture Capital Fund | $8.6M | 17 | $500,000 | 1% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $12.2M | 36 | $500,000 | 0% | yes | |
| Sep 26, 2024 | Venture Capital Fund | $12.2M | 36 | $500,000 | 0% | yes | |
| Jul 16, 2026 | Venture Capital Fund | $19.2M | 54 | $500,000 | 6% |
Principals and agents
3 principals on Form D, 0 placement agents
- Chris Pate Executive Officer/Promoter
- True North Advisors, LLC Promoter
- TN Wasgp, LLC Executive Officer/Promoter
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorWEAVER AND TIDWELL, L.L.P. · FT WORTH, Texas, United StatesForm ADV filed Jul 16, 2026 reports.adviserinfo.sec.gov
- AdministratorTRUSTSERVE, LP · MIAMI, Florida, United StatesForm ADV filed Jul 16, 2026 reports.adviserinfo.sec.gov
- CustodianNORTHBROOK BANK & TRUST · NORTHBROOK, Illinois, United StatesForm ADV filed Jul 16, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
6 events
- Mar 31, 2025Custodian changed: NORTHBROOK BANK & TRUST replaced First Republic Bank, first reported on the Form ADV filed March 31, 2025 (previous filing September 26, 2024)Custodian changed Fact Form ADV
- Mar 31, 2025Administrator changed: TRUSTSERVE, LP replaced ALPS ALTERNATIVE INVESTMENT SERVICES, first reported on the Form ADV filed March 31, 2025 (previous filing September 26, 2024)Administrator changed Fact Form ADV
- May 21, 2024Western Alternative Strategies, L.P. - Private Opportunities III Series filed Form D/A: $14,575,000 sold (indefinite offering), Other Investment FundForm D filed Fact Form D
- May 23, 2023Western Alternative Strategies, L.P. - Private Opportunities III Series filed Form D/A: $11,054,000 sold (indefinite offering), Other Investment FundForm D filed Fact Form D
- Mar 29, 2023Western Alternative Strategies, L.P. - Private Opportunities III first reported on Form ADV by True North Advisors, LLC (Venture Capital Fund), GAV $8,594,770Fund first reported on Form ADV Fact Form ADV
Evidence
44 observations
Every observation on this vehicle
- Entity type: Limited Partnership May 21, 2024 Fact Form D
- Entity type: Limited Partnership May 23, 2023 Fact Form D
- Entity type: Limited Partnership May 23, 2022 Fact Form D
- Form D fund type: Other Investment Fund May 21, 2024 Fact Form D
- Form D fund type: Other Investment Fund May 23, 2023 Fact Form D
- Form D fund type: Other Investment Fund May 23, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund May 21, 2024 Fact Form D
- Form D industry group: Pooled Investment Fund May 23, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund May 23, 2022 Fact Form D
- Amendment: true May 21, 2024 Fact Form D
- Amendment: true May 23, 2023 Fact Form D
- Amendment: false May 23, 2022 Fact Form D
- Incorporated: withinFiveYears May 21, 2024 Fact Form D
- Incorporated: withinFiveYears May 23, 2023 Fact Form D
- Incorporated: withinFiveYears May 23, 2022 Fact Form D
- Jurisdiction: Delaware May 21, 2024 Fact Form D
- Jurisdiction: Delaware May 23, 2023 Fact Form D
- Jurisdiction: Delaware May 23, 2022 Fact Form D
- Amount sold (Form D): $14.6M May 21, 2024 Fact Form D
- Amount sold (Form D): $11.1M May 23, 2023 Fact Form D
- Amount sold (Form D): $0 May 23, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.7 May 21, 2024 Fact Form D
- Exemptions: 06b, 3C, 3C.7 May 23, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.7 May 23, 2022 Fact Form D
- First sale: 2022-08-01 May 21, 2024 Fact Form D
- First sale: 2022-08-01 May 23, 2023 Fact Form D
- Indefinite offering: true May 21, 2024 Fact Form D
- Indefinite offering: true May 23, 2023 Fact Form D
- Indefinite offering: true May 23, 2022 Fact Form D
- Investors (Form D): 49 May 21, 2024 Fact Form D
- Investors (Form D): 32 May 23, 2023 Fact Form D
- Investors (Form D): 0 May 23, 2022 Fact Form D
- Minimum investment (Form D): 0 May 21, 2024 Fact Form D
- Minimum investment (Form D): 0 May 23, 2023 Fact Form D
- Minimum investment (Form D): 0 May 23, 2022 Fact Form D
- Securities offered: Equity, pooled May 21, 2024 Fact Form D
- Securities offered: Equity, pooled May 23, 2023 Fact Form D
- Securities offered: Equity, pooled May 23, 2022 Fact Form D
- Office address: May 21, 2024 Fact Form D
- Office address: May 23, 2023 Fact Form D
- Office address: May 23, 2022 Fact Form D
- Year of incorporation: 2022 May 21, 2024 Fact Form D
- Year of incorporation: 2022 May 23, 2023 Fact Form D
- Year of incorporation: 2022 May 23, 2022 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Western Alternative Strategies, L.P. - Private Opportunities III is the same institution as 1 record in RIA and Wealth.
RIA and Wealth1
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Record history
4 dated events on the change ledger, latest event first
- Form D filed2024-05-21source on record
- Form D filed2023-05-23source on record
- Fund first reported on ADV2023-03-29source on record
+1 more change on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.