SEC Filing Record

Offering Amount

$15.6M

Strategy

PE

Exemption

06b

Date Filed

Jun 02, 2026

0002137111-26-000001

View on SEC EDGAR →

37A Read

This is the third vintage in an established series, signaling the manager has successfully deployed and returned at least one prior fund; the presence of only two named GPs on a $16M PE vehicle indicates a lean operational structure, typical of either early-stage managers or those with a single decision-maker model rather than a distributed GP partnership.

The absence of any prior EDGAR filings from this manager despite running a successor fund suggests either a newly-formed entity acquiring or rebranding a prior operating business, or a manager that has historically operated below SEC reporting thresholds and is now crossing the $16M threshold for the first time.

A mid-2026 filing for a $16M PE fund on a 506b exemption (no public solicitation) aligns with LP dry powder redeployment cycles and the stabilization of capital markets after 2023–2024 volatility, making this an opportune window for repeat-GP fundraising among established relationships.

Before committing, verify whether Mike Ross and Isaac Isom hold key-person provisions tied to specific deployment or exit milestones, confirm the legal relationship between this fund and any prior operating entity or vintage I and II LPs, and establish whether this fund is geographically or sector-focused relative to prior vintages.

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Principals

Registered Manager

FDF III GP, LLC

General Partners & Executives

Mike Ross Isaac Isom

Frisco Draw Farms III, LP