Form D · Venture Capital Fund

B Capital Ascent Fund III, L.P.

Manhattan Beach, CA · CIK 0001995247

Offering snapshot reported Jul 3, 2025 · SEC filing

Reported sold: $307M
Investors reported: 36
Minimum accepted: $0
First sale: Oct 12, 2023

What changed?

Latest filing versus its linked predecessor, where available.

Reported investors0 → 36

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jul 3, 2025	Amendment	$307,334,615	No comparison	36	SEC filing
Oct 10, 2023	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-494105

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
BANK OF SINGAPORE LIMITED	None
UBS AG	None

Source: Form D, filed Jul 3, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

Each card uses that adviser's latest imported filing. Filing dates can differ; these disclosures do not confirm a current relationship.

Matched by reported Form D file number

B CAPITAL ASCENT FUND III, L.P.

Investment adviser: B CAPITAL GROUP MANAGEMENT, L.P.

Gross asset value: $441M
Beneficial owners: 43
ADV minimum commitment: $5M

Reported in Form ADV on May 29, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator STANDISH MANAGEMENT, LLC SANTA MONICA, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →

Auditor ERNST & YOUNG LLP BOSTON, Massachusetts, United States Other funds reporting this name →

Custodian CARTA SALT LAKE CITY, Utah, United States Related to adviser: No Other funds reporting this name →

Custodian CITY NATIONAL BANK LOS ANGELES, California, United States Related to adviser: No Other funds reporting this name →

Marketer ASTRIS ADVISORY JAPAN KK TOKYO, Japan Related to adviser: No Other funds reporting this name →

Marketer CONNAUGHT (UK) LIMITED LONDON, United Kingdom Related to adviser: No Other funds reporting this name →

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG LLP
PCAOB 42

Fund asset history · 3 annual observations

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Fiscal year	Gross assets	Beneficial owners	ADV filed
2023	$228,403,846	22	Mar 28, 2024
2024	$284,064,650	31	Mar 31, 2025
2025	$441,186,833	43	Mar 31, 2026

Filing source

Form ADV 2107882 · May 29, 2026 · Schedule D 7.B.(1), fund 805-5830577225

Reported by B CAPITAL GROUP MANAGEMENT, L.P. (CRD 287986).

Other-Than Annual Amendment ERA Report.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
N/A B Capital Ascent Gp Iii, L.P.	Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

C/O B Capital Group Management, L.P. 1240 Rosecrans Ave., 5 Th Floor
Manhattan Beach, CA, 90266
Phone: 310-698-1270