Ares Pathfinder Fund III LP

SEC Filing Record

Offering Amount

$3.2B

Strategy

Other

Exemption

06b

Date Filed

Jun 10, 2026

0002106178-26-000002

View on SEC EDGAR →

37A Read

This is the third vintage in an established series, filed as an amendment rather than an initial offering, signaling a continuation vehicle for an existing LP base; the lack of prior EDGAR filings from Ares Pathfinder suggests either a newly registered manager or one operating under a different legal entity, but the III designation and amendment status confirm institutional continuity across vintages.

The ten named GPs and use of the 06b exemption (pre-existing relationships only) indicate Ares Pathfinder operates as a closed pool manager relying on repeat LPs rather than broad market outreach, a structure typical of established continuation funds where the GP names serve as proof points of operator continuity rather than fresh fundraising anchors.

A June 2026 amendment filing for a $3.18B vehicle coincides with year-end institutional budget cycles and positions the fund to deploy capital in H2 2026, a timing that reflects LP dry powder allocation decisions made in spring board meetings rather than response to any sector-specific dislocation.

Verify whether Michael Arougheti, Keith Ashton, or Kipp Deveer carry key-man provisions tied to this vintage specifically, and confirm whether the amendment reflects a target increase from an earlier filing or a placeholder reset—both scenarios affect LP commitment expectations and deployment probability.

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Principals

Registered Manager

APF Management III LP

General Partners & Executives

Michael Arougheti Keith Ashton Kipp Deveer

Other Filings by APF Management III LP

Ares Pathfinder Fund III (Offshore) LP

Other · 2026-06-10

$5.3B