FormDSignal
30

GLS Capital Partners closes Fund III-A at $480M for private equity investing

Fund raise update · Private equity / buyout · Raising · CHICAGO, IL · Form D/A filed 2026-10-05 · sponsor: GLS Capital Partners · all Gls Capital vehicles

GLS Capital Partners Fund III-A, LP, a Delaware limited partnership formed in 2025, is raising $480M for private equity. The fund has received $150K from one investor as of July 31, 2025.

Note: Fund incorporated in 2025 but filing amendment in October 2026; only $150K sold against $480M target suggests early-stage capital raise or extended fundraising period.

Private equity / buyout

How this compares

  • $480M is larger than 98% of the 3,018 private equity / buyout fund launches with a stated size in the last two years; the median is $5.1M.
  • Among 352 fund launches filed from IL in the same window it is larger than 90%; the IL median is $10.6M.
  • Across 493 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 3rd fund launch on EDGAR; the previous one, GLS CAPITAL PARTNERS FUND III, LP, was filed 14 months earlier at $450M.

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

FiledFormSoldInvestorsChange
2025-08-14D$150K1
2026-10-05D/A$150K1$0

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.

GLS Capital Partners on EDGAR

Earlier and related filings by the same issuer and sponsor. All Gls Capital vehicles →

Registered adviser

name match

GLS CAPITAL, LLC

Registration
SEC-registered adviser · since 2019-01-28
Regulatory AUM
$925M
Employees
11
Private funds on Form ADV
Yes
Office
Chicago, IL

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Incumbent service providers

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

Other Form D filings by this adviser

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

People on the filing

Adam James Christopher GillExecutive Officer, Director, Promoter
Jamison Eric LynchExecutive Officer, Director, Promoter
David Joseph SpiegelExecutive Officer, Director, Promoter
N/A GLS Capital Partners GP III, LLCPromoter

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

Signed by David Spiegel, Managing Director of the General Partner.

Why now — by persona

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Filing contact

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