Form D · Private Equity Fund

New Summit Impact Fund III-B, L.P.

Manchester, MA · CIK 0001875298

Offering snapshot reported Apr 4, 2023 · SEC filing

Reported sold
$29.1M
Indefinite offering
Investors reported
78
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Jul 15, 2021
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$50M$100MJul 30, 2021: $100,000,000.00Jul 30, 2021Jan 28, 2022: $16,580,000.00Apr 7, 2022: $19,055,000.00Jul 18, 2022: $20,155,000.00Aug 30, 2022: $21,285,000.00Nov 18, 2022: $26,760,000.00Jan 5, 2023: $28,185,000.00Apr 4, 2023: $29,125,000.00Apr 4, 2023

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$28,185,000 → $29,125,000
  • Reported investors74 → 78

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Apr 4, 2023Amendment$29,125,000$940,000vs Jan 5, 202378SEC filing
Jan 5, 2023Amendment$28,185,000$1,425,000vs Nov 18, 202274SEC filing
Nov 18, 2022Amendment$26,760,000$5,475,000vs Aug 30, 202267SEC filing
Aug 30, 2022Amendment$21,285,000$1,130,000vs Jul 18, 202261SEC filing
Jul 18, 2022Amendment$20,155,000$1,100,000vs Apr 7, 202257SEC filing
Apr 7, 2022Amendment$19,055,000$2,475,000vs Jan 28, 202253SEC filing
Jan 28, 2022Amendment$16,580,000-$83,420,000vs Jul 30, 202146SEC filing
Jul 30, 2021Initial$100,000,000No comparisonNot reportedSEC filing

Offering details

Securities
Equity, 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
021-408350

Source: Form D, filed Apr 4, 2023. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

NEW SUMMIT IMPACT FUND III-B, LP

Investment adviser: ARJUNA CAPITAL, LLC

Gross asset value
$27.8M
Beneficial owners
84
ADV minimum commitment
$250K

Reported in Form ADV on Mar 31, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator APEX FUND SERVICES CHARLOTTE, North Carolina, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor WOLF & COMPANY BOSTON, Massachusetts, United States
Custodian BANC OF CALIFORNIA LOS ANGELES, California, United States Related to adviser: No
Custodian JP MORGAN CHASE PRIVATE BANK NEW YORK, New York, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

WOLF & COMPANY
PCAOB 392

Filing source

Form ADV 2081444 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-9125198075

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; 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
Frank Farnum Brown Jr. Executive
Alexander Lamb Executive
Natasha Lamb Executive
N/A New Summit Impact Fund Iii Gp, Llc Executive
Adam Seitchik Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
13 Elm Street Suite 2
Manchester, MA, 01944-1366