DFX Intelligence
LKT 199, a Series of Sax Capital Series Fund III, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentClosed to new capitalother manager vehicleADV: Private Equity FundOutside venture scope
A private equity fund outside venture scope, shown because its manager is on the venture graph.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Nothing material in the last 365 days. Last change: 27 Jan 2022, Latest Form D filed on 27 Jan 2022: $662K sold of $662K offered, 73 investors. A Form D amount is what was sold at the filing, never a final close.
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
- $661,500what may be sold, not what was raised; file 021-431021, sworn by the adviser or filed under this vehicle
- Form D sold
- $661,500as of the filing of Jan 27, 2022, 73 investors
- First sale
- Jan 14, 2022
- Reported GAV
- $621,975on the Form ADV filed Mar 30, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 75
- Reported on ADV
- Mar 31, 2023 to Mar 30, 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.Closed to new capital
Form D filed or amended 2022-01-27: the stated $661,500 offering reported fully sold (fr-1)
evidence dated Jan 27, 2022.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 4first sale: Jan 14, 2022vintage year: 2022adv gav as of: Mar 30, 2026vintage basis: Form d first saleform d sold: $661,500form d offering: $661,500form d latest filed at: Jan 27, 2022
The fund's own reporting through time
6 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2023 | Private Equity Fund | $621,975 | 75 | $2,500 | 0% | yes | |
| Jun 30, 2023 | Private Equity Fund | $621,975 | 75 | $2,500 | 0% | yes | |
| Mar 29, 2024 | Private Equity Fund | $621,975 | 75 | $2,500 | 0% | yes | |
| Apr 30, 2024 | Private Equity Fund | $621,975 | 75 | $2,500 | 0% | yes | |
| Oct 11, 2024 | Private Equity Fund | $621,975 | 75 | $2,500 | 0% | yes | |
| Mar 30, 2026 | Private Equity Fund | $621,975 | 75 | $2,500 | 0% |
Principals and agents
2 principals on Form D, 0 placement agents
- SAX Capital Series GP III, LLC Director
- Belltower Fund Group, Ltd. Director
Service providers
2 named on Form ADV Schedule D and Form D
- AdministratorBelltower Fund Group (AngelList) · SEATTLE, Washington, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianGRASSHOPPER BANK · NEW YORK, New York, United StatesForm ADV filed Mar 30, 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
3 events
- Mar 30, 2026Custodian changed: GRASSHOPPER BANK replaced Silicon Valley Bank, first reported on the Form ADV filed March 30, 2026 (previous filing March 31, 2025)Custodian changed Fact Form ADV
- Mar 31, 2023LKT 199, a Series of Sax Capital Series Fund III, LP first reported on Form ADV by SAX Capital LLC (Private Equity Fund), GAV $621,975Fund first reported on Form ADV Fact Form ADV
- Jan 27, 2022LKT 199, a series of SAX Capital Series Fund III, LP filed Form D: $661,500 sold of $661,500, Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jan 27, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Jan 27, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Jan 27, 2022 Fact Form D
- Amendment: false Jan 27, 2022 Fact Form D
- Revenue range (Form D): Decline to Disclose Jan 27, 2022 Fact Form D
- Incorporated: withinFiveYears Jan 27, 2022 Fact Form D
- Jurisdiction: Delaware Jan 27, 2022 Fact Form D
- Amount sold (Form D): $661,500 Jan 27, 2022 Fact Form D
- Offering amount (Form D): $661,500 Jan 27, 2022 Fact Form D
- Exemptions: 06b, 3C.1 Jan 27, 2022 Fact Form D
- First sale: 2022-01-14 Jan 27, 2022 Fact Form D
- Investors (Form D): 73 Jan 27, 2022 Fact Form D
- Minimum investment (Form D): 1,500 Jan 27, 2022 Fact Form D
- Securities offered: pooled Jan 27, 2022 Fact Form D
- Office address: Jan 27, 2022 Fact Form D
- Year of incorporation: 2022 Jan 27, 2022 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
LKT 199, a Series of Sax Capital Series Fund III, LP is the same institution as 2 records in Private Equity and RIA and Wealth.
Private Equity1RIA and Wealth1
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
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Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2023-03-31source on record
- Form D filed2022-01-27source on record
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.