Form D · Hedge Fund

Sound Point U.S. Direct Lending Fund III (Master) L.P.

New York, NY · CIK 0001929527

Offering snapshot reported Sep 30, 2026 · SEC filing

Reported sold
$331M
Indefinite offering
Investors reported
6
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Aug 17, 2022
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$165M$331MAug 16, 2022Oct 4, 2023: $35,250,000.00Oct 4, 2023Oct 3, 2024: $46,104,621.00Oct 3, 2024Oct 3, 2025: $236,154,664.00Oct 3, 2025Sep 30, 2026: $330,690,546.00Sep 30, 2026

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$236,154,664 → $330,690,546

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Sep 30, 2026Amendment$330,690,546$94,535,882vs Oct 3, 20256SEC filing
Oct 3, 2025Amendment$236,154,664$190,050,043vs Oct 3, 20246SEC filing
Oct 3, 2024Amendment$46,104,621$10,854,621vs Oct 4, 20233SEC filing
Oct 4, 2023Amendment$35,250,000No comparison3SEC filing
Aug 16, 2022InitialYet to sellNo comparison0SEC 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
021-456097

Source: Form D, filed Sep 30, 2026. 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

SOUND POINT U.S. DIRECT LENDING FUND III (MASTER) L.P.

Investment adviser: SOUND POINT CAPITAL MANAGEMENT, LP

Gross asset value
$283M
Beneficial owners
15
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 SS&C FINANCIAL SERVICES LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS LLP NEW YORK, New York, United States
Custodian BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No
Marketer LEE AND PARTNERS CO, LTD SEOUL, Korea, South Related to adviser: No
Marketer SAF FINANCIAL SECURITIES LLC PALM BEACH, Florida, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

SAF FINANCIAL SECURITIES LLC
CRD 284938 · SEC 8-69820

Filing source

Form ADV 2060924 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-2194154891

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
Daniel Fabian Executive
Kevin Gerlitz Executive
Stephen Jerome Ketchum Executive
N/A Sound Point Capital Management, Lp Promoter
N/A Sound Point U.S. Direct Lending Iii Gp, Llc Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
375 Park Avenue 34th Floor
New York, NY, 10152