| Fund ID | 805-8040973921 |
| Fund type | Private Equity Fund |
| 3(c)(1) exclusion | Yes |
| 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 |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 0% |
| Owned by the adviser or related persons | 32% |
| Owned by funds of funds | 17% |
| Owned by non-U.S. persons | 0% |
| Fund | Type | Gross assets |
|---|---|---|
| Piper Sandler Merchant Banking Fund II, LP | Private Equity | $110.3M |
| Piper Sandler Merchant Banking Fund III Employee, L.P. | Private Equity | $34.4M |
| Piper Sandler Merchant Banking Fund I, LP | Private Equity | $24.2M |
Piper Sandler Merchant Banking Fund III, L.P. reports $79.7 million in gross assets, among the top 46% of private funds by size.
The stated minimum investment is $1 million.
Piper Sandler Merchant Banking Fund III, L.P. is managed by Psc Capital Partners LLC.
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.