FormDSignal
42

HS Group Sponsor Fund III amends offering as $50.52M raised from 28 investors

Fund raise update · Private equity / buyout · Open-ended · WILMINGTON, NEW CASTLE COUNTY, DE · Form D/A filed 2026-10-27 · sponsor: HS Group · all Hs Group Sponsor vehicles · Follow Hs Group Sponsor →

HS Group Sponsor Fund III (US) LP, a Delaware private equity fund formed in 2022, has raised $50.52M from 28 investors since first close in October 2024. The fund operates under Regulation D exemption 3(c)(7) for institutional and qualified-purchaser investors with a $100K minimum.

3(c)(7) — qualified purchasersCapital closing nowPrivate equity / buyout

How this compares

  • Across 494 private equity / buyout sponsors with more than one launch on EDGAR, the median gap between consecutive funds is 5 months.
  • This is the sponsor's 2nd fund launch on EDGAR; the previous one, HS Group Sponsor Fund III (US) LP, was filed 24 months earlier.

Computed from every Form D fund launch on EDGAR since late 2024, not sampled. Amounts are the stated offering size; indefinite offerings are excluded.

Raise progress

Sold rose from $40.3M to $50.5M (+$10.2M, +1 investor) in 368 days since the previous filing.

FiledFormSoldInvestorsChange
2024-10-24D$38.3M25
2025-10-24D/A$40.3M27+$2M
2026-10-27D/A$50.5M28+$10.2M

Amount sold and investor count as restated on each of the issuer's Form D filings. A rise since the previous filing is capital closed in between.

HS Group on EDGAR

Earlier and related filings by the same issuer and sponsor. All Hs Group Sponsor vehicles →

People on the filing

n/a HS Group SF III (US) GP LLCPromoter
n/a HS Group (Hong Kong) LimitedExecutive Officer
Michael Patrick GarrowExecutive Officer
Johannes KapsExecutive Officer

[email protected] · observed Work emails for the people on the filing, where the firm publishes or patterns them, labelled by confidence — subscribers

Signed by Michael Garrow, CIO and Director of the Investment Manager.

Why now — by persona

  • Fund audit & tax:A concrete reason to call this issuer this week, citing the filing. Subscribe to unlock
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  • Placement agent / capital introduction:A concrete reason to call this issuer this week, citing the filing. Subscribe to unlock
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Filing contact

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