FormDSignal
47

Saluda Grade Alternative Lending & Fintech Growth Fund III raises $125M under Reg D

Fund raise update · Venture capital · Open-ended · NEW YORK, NY · Form D/A filed 2026-10-13 · sponsor: Saluda Grade · all Saluda Grade Alternative vehicles

Saluda Grade Alternative Lending & Fintech Growth Fund III LP, a Delaware venture capital fund, has raised $125M from 5 investors as of September 2024. The fund operates under Regulation D exemptions 3(c)(1) and 3(c)(7) with an indefinite offering size.

$100M+ soldCapital closing nowVenture capitalPrivate credit

How this compares

  • Across 443 venture capital sponsors with more than one launch on EDGAR, the median gap between consecutive funds is 3 months.
  • This is the sponsor's 2nd fund launch on EDGAR; the previous one, Saluda Grade Alternative Lending & Fintech Growth Fund III 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 $100M to $125M (+$25M, +3 investors) in 368 days since the previous filing.

FiledFormSoldInvestorsChange
2024-10-03D$50M1
2025-10-10D/A$100M2+$50M
2026-10-13D/A$125M5+$25M

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.

Saluda Grade on EDGAR

Earlier and related filings by the same issuer and sponsor. All Saluda Grade Alternative vehicles →

Registered adviser

name match

SALUDA GRADE ASSET MANAGEMENT LLC

Registration
SEC-registered adviser · since 2022-08-03
Regulatory AUM
$5.8B
Employees
51
Private funds on Form ADV
Yes
Office
New York, NY

Website and main-office phone from Form ADV. Subscribe to unlock

Incumbent service providers

Schedule D for this adviser has not been read yet; it is queued.

Other Form D filings by this adviser

5 other filings on EDGAR under this adviser, with size, strategy and date. Subscribe to unlock

People on the filing

N/A Saluda Grade Alternative Lending & Fintech Growth Fund I GP LLCDirector
Ryan CraftExecutive Officer
Timothy CarrExecutive Officer
Brian BrennanExecutive 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 Timothy Carr, Managing Member of the General Partner of the Issuer.

Why now — by persona

  • Fund audit & tax:A concrete reason to call this issuer this week, citing the filing. Subscribe to unlock
  • Fund administrator:A concrete reason to call this issuer this week, citing the filing. Subscribe to unlock

Filing contact

The issuer's phone number and address from the filing are shown to subscribers. See plans.