Franklin Park Private Debt Co-Investment Fund III, L.P.

SEC Filing Record

Offering Amount

$100.0M

$42.4M raised

Strategy

Exemption

06b

Date Filed

Jun 10, 2026

0002071949-26-000001

View on SEC EDGAR →

37A Read

This is the third vintage in an established co-investment series, filed as an amendment to an existing vehicle rather than a new fund formation—a structure that typically indicates a continuation pool or LP commitment refresh within a closed continuation rather than a full reset.

The absence of any prior EDGAR filings from this manager combined with a 19-GP roster and 06b exemption signals a manager operating below the $150M AUM threshold for SEC registration, raising through pre-existing LP networks only and likely managing multiple smaller funds or continuation vehicles outside of public markets disclosure.

A mid-2026 amendment filing for a $100M private debt co-investment fund reflects LP rebalancing into dry powder recovery cycles post-2024 rate volatility, when secondary credit opportunities and structured debt became more attractive relative to primary PE commitments.

Before committing, verify whether Tim Acree or another named GP carries a key-person provision that would trigger fund termination or LP consent requirements upon departure, and confirm whether this $42M already-closed amount represents committed capital or drawn deployments across existing portfolio companies.

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Principals

General Partners & Executives

Tim Acree Bradley Atkins Michael Bacine Laure Brasch Katherine Carlson