Form D · Private Equity Fund

Ares Asia Private Equity Fund III LP

George Town, Grand Cayman, E9 · CIK 0001869106

Offering snapshot reported Jul 22, 2025 · SEC filing

Reported sold
$486M
Offering amount: $900M
Investors reported
38
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Jul 29, 2021
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$243M$486MJul 29, 2021Jul 27, 2022: $483,450,000.00Jul 27, 2022Jul 21, 2023: $483,450,000.00Jul 21, 2023Jul 19, 2024: $483,450,000.00Jul 19, 2024Jul 22, 2025: $485,840,000.00Jul 22, 2025

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$483,450,000 → $485,840,000
  • Reported investors34 → 38

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jul 22, 2025Amendment$485,840,000$2,390,000vs Jul 19, 202438SEC filing
Jul 19, 2024Amendment$483,450,000$0vs Jul 21, 202334SEC filing
Jul 21, 2023Amendment$483,450,000$0vs Jul 27, 202234SEC filing
Jul 27, 2022Amendment$483,450,000No comparison34SEC filing
Jul 29, 2021InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.1, 3C.7
Duration over one year
No
Business combination
No
Sales commissions
$418K
Finders' fees
$0
Form D file number
021-408232
The general partner of the Issuer reserves the right to offer a greater or lesser amount of limited partner interests.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Aviditi Financial, LLC309026
Pickwick Capital Partners, LLC130672
Ares Management Capital Markets LLC166219

Source: Form D, filed Jul 22, 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

ARES ASIA PRIVATE EQUITY FUND III LP

Investment adviser: ARES MANAGEMENT LLC

Gross asset value
$195M
Beneficial owners
41
ADV minimum commitment
$1M

Reported in Form ADV on Aug 26, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C FUND SERVICES (ASIA) PTE. LTD. SINGAPORE, Singapore Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor KPMG LLP GEORGETOWN, Cayman Islands Other funds reporting this name →
Custodian DBS BANK LTD. SINGAPORE, Singapore 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
No

KPMG LLP
PCAOB 1323

Fund asset history · 2 annual observations Gross asset value by annual ADV filing$0$240M$481MFY 2024: $480,500,197.00FY 2024FY 2025: $195,172,490.00FY 2025

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Fiscal yearGross assetsBeneficial ownersADV filed
2024$480,500,19741Mar 31, 2025
2025$195,172,49041Mar 27, 2026
Filing source

Form ADV 2127751 · Aug 26, 2026 · Schedule D 7.B.(1), fund 805-4472364307

Reported by ARES MANAGEMENT LLC (CRD 130074).

Other-Than Anual Amendment For Registered Adviser.

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.

Matched by reported Form D file number

CRESCENT ACDV HOLDINGS III PTE. LTD.

Investment adviser: CRESCENT FUND MANAGEMENT PTE LTD

Gross asset value
$29.9M
Beneficial owners
32
ADV minimum commitment
$1M

Reported in Form ADV on Feb 14, 2024. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C FUND SERVICES (ASIA) PTE. LTD. SINGAPORE, Singapore Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor KPMG LLP SINGAPORE, Singapore Other funds reporting this name →
Custodian OVERSEA-CHINESE BANKING CORPORATION LIMITED SINGAPORE, Singapore 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
No

KPMG LLP
PCAOB 185

OVERSEA-CHINESE BANKING CORPORATION LIMITED
LEI 193200032W

Fund asset history · 2 annual observations Gross asset value by annual ADV filing$0$15M$29.9MFY 2021: $724.00FY 2021FY 2022: $29,907,062.00FY 2022

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Fiscal yearGross assetsBeneficial ownersADV filed
2021$72432Mar 30, 2022
2022$29,907,06232Mar 31, 2023
Filing source

Form ADV 1827734 · Feb 14, 2024 · Schedule D 7.B.(1), fund 805-6524237808

Reported by CRESCENT FUND MANAGEMENT PTE LTD (CRD 174885).

Final SEC 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.

Matched by reported Form D file number

CRESCENT ASIA CONSUMER AND DEEP VALUE FUND II, L.P.

Investment adviser: ARES MANAGEMENT LLC

Gross asset value
$670M
Beneficial owners
48
ADV minimum commitment
$1M

Reported in Form ADV on Aug 26, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C FUND SERVICES (ASIA) PTE. LTD. SINGAPORE, Singapore Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor KPMG LLP GEORGE TOWN, Cayman Islands Other funds reporting this name →
Custodian DBS BANK LTD. SINGAPORE, Singapore 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
No

KPMG LLP
PCAOB 1323

Fund asset history · 2 annual observations Gross asset value by annual ADV filing$0$389M$777MFY 2024: $777,168,449.00FY 2024FY 2025: $669,547,379.00FY 2025

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Fiscal yearGross assetsBeneficial ownersADV filed
2024$777,168,44948Mar 31, 2025
2025$669,547,37948Mar 27, 2026
Filing source

Form ADV 2127751 · Aug 26, 2026 · Schedule D 7.B.(1), fund 805-9127940294

Reported by ARES MANAGEMENT LLC (CRD 130074).

Other-Than Anual Amendment For Registered Adviser.

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
NameReported role
David Mc Kee Hand Director
Lawrence Yong Chye Lim Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
C/O Walkers Corporate Limited 190 Elgin Avenue
George Town, Grand Cayman, E9, KY1-9008
Phone: 345 949-0100