PartnerFacts
Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 10:03 AM ET

Sponsor Check › Sponsor group

P

Phase3

One sponsor team, 14 deal companies · Chicago, IL

Grouped because: 10 shared people, 8 shared management entities, same business address (4 issuers), similar issuer names (10) (automatic match from the filings) · not the same sponsor?

14deal companies
$682.8Mreported sold
464investors
68Form D filings
2008–2026active
2new, last 12 mo
Follow this sponsor groupLook further ↓

Data last updated Oct 23, 2026, 5:45 PM ET · Latest filing in this group Jul 8, 2026 · Courts (RECAP) last checked: Oct 24, 2026, 2:16 AM ET · SEC enforcement last checked: covered by the index scan as of Oct 24, 2026, 2:50 AM ET

The short version

Phase3 is a sponsor group of 14 issuers that PartnerFacts links to one sponsor (shared management entity, similar issuer names, shared people, same business address, same person name on both filings; automatic match from the filings), filing 68 Form D filings between Oct 2008 and Jul 2026.

What this means One team, 14 deal companies, about 18 years of track record in SEC filings. We link the companies because the same people or address appear on their forms — tap "Request a correction" if that is wrong.

Combined reported sold: $682.8M to 464 investors (latest filing per issuer). Industries as reported: Pooled Investment Fund (12), Other Banking and Financial Services (2). Issuers are based in IL (7), FL (4), Cayman Islands (as filed: E9) (3).

What this means $682.8M raised across the group, about $1.47M per investor. Amounts come from each company's latest Form D; they are what the sponsor reported, not audited figures.

Principal people: Richard Berg (7 issuers, executive officer, director, and promoter), Ethan S. Youderian (6 issuers, executive officer), Philip Nussbaum (6 issuers, executive officer, director, and promoter), PT Asset Management, LLC (6 issuers, promoter, entity), Shane B. Hoover (5 issuers, executive officer) and 36 more.

What this means The person on the most companies is usually the one running the show; their page lists every deal.

Activity: 2 new offerings in the last 12 months; latest filing Jul 8, 2026.

What this means still raising money this year.

Adviser registration (Form ADV) on record: PHASE 3 CAPITAL MANAGEMENT LLC; PT ASSET MANAGEMENT, LLC and 1 more.

Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AK, AL, AR, AZ, CA, CO, CT, DC, DE, FINRA, FL, GA, HI, ID, IL, KS, KY, LA, MA, MD, ME, MI, MO, MS, MT, NASAA, NC, ND, NH, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, WA, WI, WV, WY), property records (NYC, FL, IL and TX counties) — none found.

What this means Nothing turned up where we looked (4 sources). That does not prove there is nothing — it means none was found in those sources on that date.

We compared the newest 50 of 68 public filings for Phase3 and found 16 differences, 5 worth asking the sponsor about: Amount sold went down between filings; Investor count went down between filings; and more below.

What this means These are differences between the sponsor's own SEC filings — both values, dates and sources are listed in Key records, section 4. Most have ordinary explanations; ask the sponsor.

What the community is saying

Community search for Phase3 has not run yet — it is joining a line of 45,832 names; searches run around the clock at the hosts' allowed rate. Searched so far: 641 names.

Community comments are quoted as written by their authors. Sources searched: Bing (site:reddit.com / site:biggerpockets.com) and Reddit's own search, plus DuckDuckGo/Brave/BiggerPockets search when they are answering.

Key records

Five things investors ask first. Items still in human review are counted, not shown.

1. Lawsuits

None found in sources searched — federal courts (CourtListener / RECAP), checked Oct 24, 2026

What was searched

Sources searched: CourtListener bulk data (RECAP dockets as of 2026-09-30; recall-first rule 10-24) — federal district + bankruptcy courts State courts: not covered (one-tap state court links under Look further). PACER: not searched. · Last checked Oct 24, 2026, 2:16 AM ET.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

2. Regulatory actions

None found in sources searched — SEC enforcement releases (index scan as of Oct 24, 2026, 2:50 AM ET) · state securities regulators: 48 regulators (FINRA, NASAA, 37 states) — crawled Oct 24, 2026, 8:48 AM ET

What was searched

SEC enforcement searched: SEC litigation releases and administrative proceedings — respondent names in the sec.gov index titles (30,205 releases, 1995-09-19 to 2026-10-23); release text is read only to confirm a candidate. Names that appear only in the body of a release are not found. — Searched SEC litigation releases and administrative proceedings (1995→ / 2007→) (30,205 records as of Oct 24, 2026, 2:50 AM ET) — nothing matched Phase3..

State securities regulators: Securities regulators searched (64,910 actions): FINRA (38,350 actions, 1995–2026), NASAA (31 actions, 2000–2026; listing starts 1997), AK Division of Banking and Securities (273 actions, 1971–2025), AL Securities Commission (880 actions, 2001–2026), AR Securities Department (1,305 actions, 1998–2026), AZ Corporation Commission Securities Division (411 actions, 2017–2026), CA DFPI (25 actions, 2007–2024; listing starts 2002 — 16 of 12,159 DFPI respondent pages read so far; sponsor-name matches are read first), CO Division of Securities (731 actions, 2001–2026; older years from the Internet Archive (snapshot of 2026-05-02)), CT Department of Banking Securities Division (940 actions, 2006–2026; older years from the Internet Archive (snapshot of 2026-04-22)), DC DISB Securities Bureau (25 actions, 2012–2026), DE DOJ Investor Protection Unit (257 actions, 1987–2026), FL Office of Financial Regulation (49 actions, 2018–2026), GA Secretary of State Securities Division (65 actions, 2015–2026; listing starts 2012), HI DCCA Securities Enforcement Branch (26 actions, 2012–2026), ID Department of Finance Securities Bureau (663 actions, 1994–2026), IL Secretary of State Securities Department (4,122 actions, 2003–2023), KS Insurance Department Securities Division (58 actions), KY Department of Financial Institutions (342 actions, 2005–2026), LA Office of Financial Institutions Securities Division (13 actions, 2010–2025; listing starts 2008), MA Secretary of the Commonwealth Securities Division (125 actions, 2012–2025; live site blocks automated access — loaded from the Internet Archive snapshot of 2026-02-04), MD Attorney General Securities Division (1,054 actions, 2004–2026), ME Office of Securities (539 actions, 2000–2026), MI LARA Corporations, Securities & Commercial Licensing Bureau (201 actions), MO Secretary of State Securities Division (919 actions, 1998–2026), MS Secretary of State Securities Division (209 actions, 1995–2026), MT Commissioner of Securities and Insurance (597 actions, 2000–2026), NC Secretary of State Securities Division (265 actions, 2004–2024), ND Securities Department (711 actions, 1990–2026; the regulator no longer publishes this list live — loaded from the Internet Archive snapshot of 2026-01-06), NH Bureau of Securities Regulation (402 actions, 2002–2026), NM Regulation and Licensing Department Securities Division (90 actions, 2010–2025), NV Secretary of State Securities Division (118 actions, 2018–2026), NY Attorney General Investor Protection Bureau (44 actions, 2012–2026), OH Division of Securities (327 actions, 1993–2006), OK Department of Securities (2,531 actions, 1998–2026), OR Division of Financial Regulation (589 actions, 1988–2026), PA Department of Banking and Securities (1,448 actions, 2008–2024; the regulator no longer publishes this list live — loaded from the Internet Archive snapshot of 2024-08-09), RI DBR Securities Division (98 actions, 2005–2025), SC Attorney General Securities Division (540 actions, 2006–2026), SD Division of Insurance – Securities Regulation (106 actions, 2017–2026), TN Department of Commerce and Insurance Securities Division (405 actions, 1992–2026), TX State Securities Board (936 actions, 1999–2026), UT Division of Securities (772 actions, 2000–2026; older years from the Internet Archive (snapshot of 2010-05-27)), VT DFR Securities Division (137 actions, 2010–2026), WA DFI (2,039 actions, 2001–2026), WI DFI Division of Securities (1,072 actions, 1998–2026), WV Securities Commission (State Auditor) (64 actions), WY Secretary of State Compliance Division (6 actions, 2016–2024) — last crawled Oct 24, 2026, 8:48 AM ET. No machine-readable public listing today for IA, IN, MN, NE, NJ, VA (see docs/state-regulators.md).

3. Bankruptcies

None found in sources searched — federal bankruptcy courts (CourtListener / RECAP), checked Oct 24, 2026

What was searched

Sources searched: Federal bankruptcy courts via CourtListener / RECAP archive (federal district courts, federal bankruptcy courts). State courts: not covered (one-tap state court links under Look further). PACER: not searched (RECAP only). · Last checked Oct 24, 2026, 2:16 AM ET.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

4. Differences between public sources

No comparisons published

What is compared

No public statement by this sponsor group has been collected yet, so there is nothing to compare. Sources compared: the sponsor's own website (known from the issuer's own filings — Form C issuer website, EDGAR company profile — an approved profile claim or Form ADV Item 1.I of its matched adviser) · SEC Form D · SEC Form ADV (IAPD) · Internet Archive · No website is on file for this sponsor group yet.

16 differences found between the filings for Phase3 — 5 worth asking about (compared the newest 50 of 68 filings on Oct 24, 2026; older filings not covered)

Worth asking · Apr 18, 2013 – Apr 18, 2014

Amount sold went down between filings — PTAM Enhanced Structured Credit Fund, LP

The Apr 18, 2013 filing says $132,723,607 sold; the Apr 18, 2014 Form D/A says $128,916,921 sold — $3,806,686 less.

What this means Amounts sold normally only go up as a raise continues. A drop can mean investors were refunded, a figure was corrected, or an earlier number was wrong. Ask the sponsor which it was.

Form D/A (earlier) · Apr 18, 2013 ↗Form D/A (later) · Apr 18, 2014 ↗PTAM Enhanced Structured Credit Fund, LP — PartnerFacts page ↗
Sources
Worth asking · Dec 29, 2022 – Nov 9, 2023

Investor count went down between filings — PHASE3 MASTER FUND LLC

The Dec 29, 2022 filing reports 42 investors; the Nov 9, 2023 Form D/A reports 26 investors.

What this means Investor counts normally only grow. A smaller number can mean investors left or were refunded, or a count was corrected. Ask the sponsor what happened.

Form D/A (earlier) · Dec 29, 2022 ↗Form D/A (later) · Nov 9, 2023 ↗PHASE3 MASTER FUND LLC — PartnerFacts page ↗
Sources
Worth asking · Jul 3, 2013 – Jul 2, 2019

4 filings report more than 10% of the money raised going to insiders

100% of the money raised went to insiders — PT Financial Companies LLC · 100% of the money raised went to insiders — PT Financial Companies LLC · 100% of the money raised went to insiders — PT Financial Companies LLC · 100% of the money raised went to insiders — PT Financial LLC

What this means The filing reports how much of the money raised was paid to insiders. Over 10% is high for most deals. Ask what it paid for.

Form D · Jul 2, 2019 ↗PT Financial Companies LLC — PartnerFacts page ↗Form D · Jan 8, 2018 ↗Form D · Oct 24, 2017 ↗
Sources
Note · Sep 30, 2011

Last filing Sep 30, 2011 with 0% of the target sold — PTMR Capital Partners, LP

PTMR Capital Partners, LP (last filing Sep 30, 2011; $0 sold of $300,000,000). There is no filing in more than two years and the last one reported under half the target sold.

What this means An issuer whose last filing is more than two years old and reported under half its target sold. The raise may have closed early or quietly stopped. Ask what happened to each.

PTMR Capital Partners, LP — PartnerFacts page ↗EDGAR filer page ↗
Sources
Note · Sep 30, 2011 – Jul 8, 2026

41 other issuers file from the same address — 3 member issuers (PT Financial LLC; PTMR Capital Partners, LP; PT Financial Companies LLC)

The address on file, 500 West Madison Street, Ste 450, Chicago, IL, is used by 44 issuers in our index across 10 sponsor groups; 41 are outside this group. It is on our registered-agent / shared-office list (48 issuers in 19 unrelated clusters).

What this means Many unrelated companies file from this address. Often a registered agent or a fund administrator; sometimes a shared office. Ask where the team actually works.

PT Financial LLC — PartnerFacts page ↗PTMR Capital Partners, LP — PartnerFacts page ↗PT Financial Companies LLC — PartnerFacts page ↗EDGAR filer page · PT Financial LLC ↗
Sources
Worth asking · Jan 2, 2014 – Mar 17, 2023

4 Form Ds were filed more than 15 days after the first sale

Form D filed 228 days after the first sale — Phase3 Global Rates Fund LLC · Form D filed 783 days after the first sale — PTAM Dynamic Fixed Income Fund (US), LLC · Form D filed 17 days after the first sale — PT Financial Companies LLC · Form D filed 25 days after the first sale — PT Financial Companies LLC

What this means Late notices are common and carry no penalty by themselves. A pattern of late paperwork is worth asking the sponsor about.

Form D · Mar 17, 2023 ↗Phase3 Global Rates Fund LLC — PartnerFacts page ↗Form D · Feb 24, 2016 ↗PTAM Dynamic Fixed Income Fund (US), LLC — PartnerFacts page ↗
Sources
Note · Jan 2, 2009 – Sep 19, 2025

8 offerings have no amendment in the last 12 months and may still be open

No amendment in the last 12 months on an offering that may still be open — Phase3 Offshore Fund LP (latest filing Sep 19, 2025) · No amendment in the last 12 months on an offering that may still be open — PTAM Enhanced Structured Credit Fund, LP (latest filing Mar 7, 2019) · No amendment in the last 12 months on an offering that may still be open — PTAM Enhanced Structured Credit Fund Offshore, L.P. (latest filing Mar 7, 2019) · No amendment in the last 12 months on an offering that may still be open — PTAM Dynamic Fixed Income Fund (Cayman), Ltd. (latest filing Aug 24, 2017) · No amendment in the last 12 months on an offering that may still be open — PTAM Dynamic Fixed Income Fund (US), LLC (latest filing Mar 21, 2017) · and 3 more

What this means SEC rules expect a yearly amendment while an offering is still going. Ask the sponsor which of these raises have closed.

Form D/A · Sep 19, 2025 ↗Phase3 Offshore Fund LP — PartnerFacts page ↗Form D/A · Mar 7, 2019 ↗PTAM Enhanced Structured Credit Fund, LP — PartnerFacts page ↗
Sources
Worth asking · Feb 4, 2013 – Mar 18, 2026

11 people are no longer listed on a later amendment

PHASE 3 CAPITAL MANAGEMENT LLC is no longer listed on the Mar 18, 2026 amendment — Phase3 Global Rates Fund LLC · PHASE 3 CAPITAL MANAGEMENT LLC is no longer listed on the Nov 12, 2025 amendment — PHASE3 MASTER FUND LLC · PHASE 3 CAPITAL MANAGEMENT LLC is no longer listed on the Sep 19, 2025 amendment — Phase3 Offshore Fund LP · PT Financial, LLC is no longer listed on the Mar 23, 2018 amendment — PTAM Enhanced Structured Credit Fund, LP · PT Financial, LLC is no longer listed on the Mar 23, 2018 amendment — PTAM Enhanced Structured Credit Fund Offshore, L.P. · and 6 more

What this means People leave; the issuer lists only current officers, directors and promoters. Ask why and who replaced them.

Form D/A · Mar 18, 2025 ↗Form D/A · Mar 18, 2026 ↗PHASE 3 CAPITAL MANAGEMENT LLC — PartnerFacts page ↗Phase3 Global Rates Fund LLC — PartnerFacts page ↗
Sources
Note · Jul 2, 2019 – Dec 31, 2024

Richard Berg's role changed at PT Financial Companies LLC: executive officer → director

The Jul 2, 2019 filing lists Richard Berg as executive officer; the Dec 31, 2024 Form D lists director.

What this means Roles on Form D are self-reported by the issuer. A change can mean a real change in who runs the company, or just a different box ticked. Ask who makes decisions today.

Form D · Jul 2, 2019 ↗Form D · Dec 31, 2024 ↗Richard Berg — PartnerFacts page ↗PT Financial Companies LLC — PartnerFacts page ↗
Sources
Note · Mar 24, 2017 – Mar 23, 2018

Minimum investment changed between filings — PTAM Enhanced Structured Credit Fund, LP

The Mar 24, 2017 filing lists a minimum of $0; the Mar 23, 2018 Form D/A lists $100,000.

What this means A different minimum usually means the offering terms changed. Check which terms apply to you.

Form D/A (earlier) · Mar 24, 2017 ↗Form D/A (later) · Mar 23, 2018 ↗PTAM Enhanced Structured Credit Fund, LP — PartnerFacts page ↗
Sources
Note · Oct 14, 2008 – Jul 8, 2026

11 people are written more than one way across the filings

Zachary Johnson is written 2 different ways on the filings · Chirag Shah is written 2 different ways on the filings · Richard Graham, Jr. is written 2 different ways on the filings · Eric Brown is written 2 different ways on the filings · Adam Buresh is written 2 different ways on the filings · and 6 more

What this means Middle names and suffixes come and go on these forms. Check full legal names against your documents.

Form D · Dec 31, 2024 ↗Form D · Jul 8, 2026 ↗Zachary Johnson — PartnerFacts page ↗Chirag Shah — PartnerFacts page ↗
Sources
Note · Nov 12, 2020 – Mar 18, 2026

4 address changes between filings

Address moved from Northbrook, IL to Boca Raton, FL — Phase3 Global Rates Fund LLC · Address moved from Northbrook, IL to Boca Raton, FL — PHASE3 MASTER FUND LLC · Address moved from Northbrook, IL to Boca Raton,, FL — Phase3 Offshore Fund LP · Address moved from Glenview, IL to Northbrook, IL — PHASE3 MASTER FUND LLC

What this means Businesses move. If you were told one city and the forms say another, ask which is current.

Form D/A · Mar 18, 2025 ↗Form D/A · Mar 18, 2026 ↗Phase3 Global Rates Fund LLC — PartnerFacts page ↗Form D/A · Nov 12, 2024 ↗
Sources
Note · Jul 3, 2013 – Jul 8, 2026

8 issuers use a registered-agent or shared-office address

Address on file is a registered agent / shared office — PT Financial Companies LLC · Address on file is a registered agent / shared office — PTAM Enhanced Structured Credit Fund, LP · Address on file is a registered agent / shared office — PTAM Enhanced Structured Credit Fund Offshore, L.P. · Address on file is a registered agent / shared office — PTAM Dynamic Fixed Income Fund (Cayman), Ltd. · Address on file is a registered agent / shared office — PTAM Dynamic Fixed Income Fund (US), LLC · and 3 more

What this means A registered agent's address is a mailbox, not where the team works. Ask where the business operates.

Form D · Jul 8, 2026 ↗PT Financial Companies LLC — PartnerFacts page ↗Form D/A · Mar 7, 2019 ↗PTAM Enhanced Structured Credit Fund, LP — PartnerFacts page ↗
Sources
Note · Jun 9, 2010 – Jul 8, 2026

Member companies were formed in 3 different states

Delaware (9), Cayman Islands (4), Illinois (1) — out of 14 member issuers. The odd ones out: PT Financial LLC (Illinois); Performance Trust TALF Fund, Ltd. (Cayman Islands); PTAM Enhanced Structured Credit Fund Offshore, L.P. (Cayman Islands); PTAM Structured Credit Fund Offshore, L.P. (Cayman Islands); PTAM Dynamic Fixed Income Fund (Cayman), Ltd. (Cayman Islands).

What this means Sponsors often form each deal company in Delaware or Wyoming no matter where the property is. A mix is common; it just tells you which state's rules each company lives under.

Phase3 — sponsor group page ↗PT Financial LLC — PartnerFacts page ↗Performance Trust TALF Fund, Ltd. — PartnerFacts page ↗PTAM Enhanced Structured Credit Fund Offshore, L.P. — PartnerFacts page ↗
Sources
Note · Jun 9, 2010 – Jul 8, 2026

Member companies list addresses in 3 different states

IL (7), FL (4), Cayman Islands (as filed: E9) (3). 10 members use a registered-agent or shared-office address: PT Financial LLC (500 West Madison Street, Ste 450, Chicago, IL); PTAM Structured Credit Fund, LP (C/O Performance Trust Gp Ii, Llc, 500 W. Madison Street, Suite 470, Chicago, IL); Performance Trust TALF Fund, Ltd. (C/O Walkers Corporate Services Limited, 87 Mary Street, Grand Cayman, Cayman Islands (as filed: E9)); PTAM Enhanced Structured Credit Fund Offshore, L.P. (C/O U.S. Bancorp Fund Services, Ltd., 23 Lime Tree Bay Avenue, P.O. Box 10555, West Bay, Grand Cayman, Cayman Islands (as filed: E9)).

What this means A registered agent's address is a mailbox, not where the team works. The other address is more likely the real office — ask which one is.

Phase3 — sponsor group page ↗PT Financial LLC — PartnerFacts page ↗PTAM Structured Credit Fund, LP — PartnerFacts page ↗Performance Trust TALF Fund, Ltd. — PartnerFacts page ↗
Sources
Note · Oct 14, 2008 – Jul 8, 2026

5 issuers used a different name before

Issuer used a different name before — PT Financial Companies LLC · Issuer used a different name before — PTAM Enhanced Structured Credit Fund, LP · Issuer used a different name before — PTAM Enhanced Structured Credit Fund Offshore, L.P. · Issuer used a different name before — PTAM Structured Credit Fund Offshore, L.P. · Issuer used a different name before — PTAM Structured Credit Fund, LP

What this means Match the CIK on your documents, not just the name.

EDGAR filer page ↗PT Financial Companies LLC — PartnerFacts page ↗EDGAR filer page ↗PTAM Enhanced Structured Credit Fund, LP — PartnerFacts page ↗
Sources
What is compared

What is compared: every Form D and D/A we hold for this subject, side by side — filing dates vs. first-sale dates (the 15-day rule), amendment timing on open offerings (the yearly-amendment expectation), amounts sold, investor counts, offering amounts and minimums across amendments, industry and size bands, addresses, how each person's name and role is written, paid sellers' CRD numbers, and (for groups) where the member companies were formed and sit. Everything is as filed by the issuer; the SEC does not check it. Differences are common and usually have ordinary explanations — we show both values, the dates, and the source so you can ask. We compared the newest 50 of 68 filings (work cap); older filings are not covered here. As of Oct 24, 2026.

5. Money to insiders

1 of 21 offerings reports sales commissions totalling $120,000; 0 report finder's fees; 5 report proceeds to related persons totalling $69,788,889. (includes amounts the issuer reported as estimates)

Offering (latest filing)Sales commissionsFinder's feesTo insidersPaid to sell itSource
Jul 8, 2026 D
PT Financial Companies LLC
File 021-589898
$0$0$0None listed on this filingEDGAR ↗
Mar 18, 2026 D/A
Phase3 Global Rates Fund LLC
File 021-476179
$0$0$0
The Managing Member is entitled to an Incentive Allocation and Management Fee. The Incentive Allocation and the Management Fee are discussed in the Issuer's confidential offering materials.
None listed on this filingEDGAR ↗
Nov 21, 2025 D
Phase3 Systematic Opportunity Fund LLC
File 021-564775
$0$0$0
The Managing Member is entitled to an Incentive Allocation and Management Fee. The Incentive Allocation and the Management Fee are discussed in the Issuer's confidential offering materials.
None listed on this filingEDGAR ↗
Nov 12, 2025 D/A
PHASE3 MASTER FUND LLC
File 021-350339
$0$0$0
The Managing Member is entitled to an Incentive Allocation and Management Fee. The Incentive Allocation and the Management Fee are discussed in the Issuer's confidential offering materials.
None listed on this filingEDGAR ↗
Sep 19, 2025 D/A
Phase3 Offshore Fund LP
File 021-427040
$0$0$0None listed on this filingEDGAR ↗
Jun 25, 2025 D
PT Financial Companies LLC
File 021-549897
$0$0$0None listed on this filingEDGAR ↗
Dec 31, 2024 D
PT Financial Companies LLC
File 021-533882
$0$0$0None listed on this filingEDGAR ↗
Jul 2, 2019 D
PT Financial Companies LLC
File 021-343319
$0$0$15,000,000None listed on this filingEDGAR ↗
Mar 7, 2019 D/A
PTAM Enhanced Structured Credit Fund, LP
File 021-140852
$0$0$0
The fund charges a management fee that is described in the fund's offering documents.
None no CRD number reportedEDGAR ↗
Mar 7, 2019 D/A
PTAM Enhanced Structured Credit Fund Offshore, L.P.
File 021-140853
$0$0$0
The fund charges a management fee that is described in the fund's offering documents.
None no CRD number reportedEDGAR ↗
Jan 8, 2018 D
PT Financial Companies LLC
File 021-302661
$0$0$24,630,000None listed on this filingEDGAR ↗
Oct 24, 2017 D
PT Financial Companies LLC
File 021-297296
$0$0$8,032,500None listed on this filingEDGAR ↗
Aug 24, 2017 D/A
PTAM Dynamic Fixed Income Fund (Cayman), Ltd.
File 021-224316
$0$0$0None listed on this filingEDGAR ↗
Mar 21, 2017 D/A
PTAM Dynamic Fixed Income Fund (US), LLC
File 021-258067
$0$0$0None listed on this filingEDGAR ↗
Apr 20, 2015 D/A
PTAM Structured Credit Fund, LP
File 021-123396
$0$0$0
The fund charges a management fee that is described in the fund's offering documents.
None listed on this filingEDGAR ↗
Apr 20, 2015 D/A
PTAM Structured Credit Fund Offshore, L.P.
File 021-183785
$0$0$0
The fund charges a management fee that is described in the fund's offering documents.
None listed on this filingEDGAR ↗
Mar 3, 2015 D/A
PTAM Dynamic Fixed Income Fund (US), LLC
File 021-210038
$0$0$0None listed on this filingEDGAR ↗
Jul 3, 2013 D
PT Financial LLC
File 021-199021
$0$0$8,437,500
Proceeds were used (a) to satisfy notes previously issued to an affiliate of a Related Person and to a former officer of Issuer, in each case in connection with prior unit redemptions, and (b) to redeem units owned by two Related Persons.
None listed on this filingEDGAR ↗
Dec 15, 2011 D
PT Financial LLC
File 021-170116
$0$0$13,688,889
The stated purpose of the offering was to use the proceeds to redeem a portion of the Class A units owned by 2 Related Persons: Richard Berg and Philip Nussbaum.
None listed on this filingEDGAR ↗
Sep 30, 2011 D
PTMR Capital Partners, LP
File 021-166636
$120,000 (est.)$0$0Performance Trust Capital Partners, LLC BrokerCheck CRD 36155 ↗EDGAR ↗
Jun 9, 2010 D/A
Performance Trust TALF Fund, Ltd.
File 021-131735
$0$0$0
The fund charges a management fee that is described in the fund's governing documents.
None listed on this filingEDGAR ↗
How this is counted

Counts come from Form D Items 12–15 on the filings in our index (latest filing per offering; one offering = one SEC file number; an amendment updates its offering rather than adding one). "To insiders" = gross proceeds used for payments to executive officers, directors or promoters. "—" = not reported on that filing. Amounts marked (est.) were reported as estimates. "Paid to sell it" = sales compensation recipients named on that filing (Item 12), each linked to FINRA BrokerCheck when a CRD number is reported.

Counted across all 14 issuers in this group — every filing in our index, latest filing per offering (SEC file number).

Property records 0 documents · 0 ownership records · last checked Oct 24, 2026, 9:34 AM ET · NYC and Cook County lookup still to run

0 recorded documents and 0 ownership records matched to Phase3 in the sources searched.

Not found in sources searched as of Oct 24, 2026, 9:34 AM ET: Hillsborough County FL Clerk of Court Official Records daily index (publicrec.hillsclerk.com D/P/M files), 2 daily files (Oct 14, 2026 to Oct 15, 2026) — loaded Oct 23, 2026, 8:59 PM ET; Harris County TX (HCAD ownership rolls 2005–2026) — 1,032,426 records, loaded Oct 24, 2026, 8:00 AM ET; Dallas County TX (DCAD ownership rolls 2021–2027) — 285,535 records, loaded Oct 24, 2026, 8:20 AM ET; Hillsborough County FL (FL DOR 2026 ownership roll + Clerk recorded-document index Oct 14, 2026 to Oct 15, 2026), Miami-Dade County FL (FL DOR 2026 ownership roll), Broward County FL (FL DOR 2026 ownership roll), Palm Beach County FL (FL DOR 2026 ownership roll) — 514,336 records, loaded Oct 24, 2026, 8:25 AM ET; King County WA (Assessor sale records 0000-00-00–2026-10-14; no owner-of-record names published) — 538,619 records, loaded Oct 24, 2026, 8:27 AM ET; Cook County IL (Assessor sale records 1982–2026 + ownership rolls 2014–2026) — 1,031,843 records, loaded Oct 24, 2026, 9:05 AM ET. Still to be looked up for this group: NYC ACRIS via NYC Open Data (Real Property Parties 636b-3b5g, Master bnx9-e6tj, Legals 8h5j-fqxa, Document Control Codes 7isb-wh4c) · NYC PLUTO ownership via NYC Open Data (64uk-42ks) · Cook County IL Assessor via Cook County Open Data (Parcel Sales wvhk-k5uv; Parcel Addresses 3723-97qp). Records in other counties, and recorder indexes we do not yet cover, were not searched.

Property records coverage: New York City (ACRIS recorded documents and PLUTO ownership, looked up per issuer when its page is viewed; re-checked when the page is viewed again more than 30 days after the last check); Harris County TX (ownership only, no deed, mortgage or sale records; HCAD ownership rolls 2005–2026); Dallas County TX (ownership only, no deed, mortgage or sale records; DCAD ownership rolls 2021–2027); Hillsborough County FL (FL DOR 2026 ownership roll + Clerk recorded-document index Oct 14, 2026 to Oct 15, 2026), Miami-Dade County FL (FL DOR 2026 ownership roll), Broward County FL (FL DOR 2026 ownership roll), Palm Beach County FL (FL DOR 2026 ownership roll); King County WA (Assessor sale records 0000-00-00–2026-10-14; no owner-of-record names published); Cook County IL (Assessor sale records 1982–2026 + ownership rolls 2014–2026); also looked up per issuer when its page is viewed. Recorder indexes (party names on deeds, mortgages and liens) in TX, AZ, NV, CA and WA counties and outside the Clerk index in FL, mortgages and liens outside NYC and Hillsborough County, lis pendens and foreclosure notices everywhere, Los Angeles County CA, Clark County NV, New York City bulk pass (not finished; per-issuer lookups only so far), Maricopa County AZ (loader ready; commercial-purpose statement not yet filed), Salt Lake County UT, and all other counties are not covered — not searched. Last refresh by source: Cook County IL Assessor via Cook County Open Data (Parcel Sales wvhk-k5uv; Parcel Addresses 3723-97qp) Oct 24, 2026, 9:05 AM ET; Cook County IL Assessor via Cook County Open Data (Parcel Sales wvhk-k5uv; Parcel Addresses 3723-97qp) Oct 24, 2026, 8:30 AM ET; King County WA Assessor Real Property Sales extract (EXTR_RPSale.csv) Oct 24, 2026, 8:27 AM ET; Florida DOR NAL roll (Palm Beach 60) Oct 24, 2026, 8:25 AM ET; Florida DOR NAL roll (Broward 16) Oct 24, 2026, 8:24 AM ET; Florida DOR NAL roll (Dade 23) Oct 24, 2026, 8:23 AM ET; Florida DOR NAL roll (Hillsborough 39) Oct 24, 2026, 8:21 AM ET; Dallas Central Appraisal District ACCOUNT_INFO.CSV Oct 24, 2026, 8:20 AM ET; Harris County Appraisal District real_acct.txt Oct 24, 2026, 8:00 AM ET; Hillsborough County FL Clerk daily index Oct 23, 2026, 8:59 PM ET. NYC and Cook County are also looked up per issuer when its page is viewed; the most recent such lookup on this site finished Oct 24, 2026, 3:30 AM ET. Parties are named as the recorder's index names them (role suffixes as recorded); no address, account number or trust date is shown for an individual, and individual owners of record (home ownership) are not matched or shown. Items still in human review are not shown.

Issuers in this group

Why each issuer is here is stated in the "Linked by" column. Low-confidence links are never shown — they wait for human review.

SourceIssuerLinked byLocationIndustryFilingsSold (max)InvestorsMin. investment (latest filing)Active
EDGAR ↗PS PTAM Structured Credit Fund, LPshared people, shared management entity, similar issuer namesCHICAGO, ILPooled Investment Fund8$243,547,552
offering Indefinite · similar: $155,000–$5,250,000
132
similar: 4–27
No minimum reported
similar: $1,000–$100,000
2008–2015
EDGAR ↗PT Performance Trust TALF Fund, Ltd.shared people, same person name on both filingsGRAND CAYMAN, Cayman Islands (as filed: E9)Pooled Investment Fund2$8,500,00012$100,0002009–2010
EDGAR ↗PE PTAM Enhanced Structured Credit Fund, LPshared management entity, similar issuer namesCHICAGO, ILPooled Investment Fund10$147,409,863
offering Indefinite · similar: $155,000–$5,250,000
120
similar: 4–27
$100,000
similar: $1,000–$100,000
2010–2019
EDGAR ↗PE PTAM Enhanced Structured Credit Fund Offshore, L.P.shared management entity, similar issuer namesWEST BAY, GRAND CAYMAN, Cayman Islands (as filed: E9)Pooled Investment Fund10$29,896,192
offering Indefinite · similar: $155,000–$5,250,000
23
similar: 4–27
$100,000
similar: $1,000–$100,000
2010–2019
EDGAR ↗PC PTMR Capital Partners, LPshared people, same person name on both filingsCHICAGO, ILPooled Investment Fund1$00$2,000,0002011–2011
EDGAR ↗PF PT Financial LLCshared people, same person name on both filingsChicago, ILOther Banking and Financial Services2$13,688,88918$187,5002011–2013
EDGAR ↗PS PTAM Structured Credit Fund Offshore, L.P.shared management entity, similar issuer namesWEST BAY, GRAND CAYMAN, Cayman Islands (as filed: E9)Pooled Investment Fund4$10,000,000
offering Indefinite · similar: $155,000–$5,250,000
1
similar: 4–27
$100,000
similar: $1,000–$100,000
2012–2015
EDGAR ↗PD PTAM Dynamic Fixed Income Fund (US), LLCshared people, same person name on both filings, shared management entity, similar issuer namesCHICAGO, ILPooled Investment Fund5$44,967,809
offering Indefinite · similar: $155,000–$5,250,000
41
similar: 4–27
$1,000,000
similar: $1,000–$100,000
2014–2017
EDGAR ↗PD PTAM Dynamic Fixed Income Fund (Cayman), Ltd.shared people, same person name on both filings, shared management entity, similar issuer namesCHICAGO, ILPooled Investment Fund4$119,396,760
offering Indefinite · similar: $155,000–$5,250,000
10
similar: 4–27
$100,000
similar: $1,000–$100,000
2014–2017
EDGAR ↗PF PT Financial Companies LLCshared people, same person name on both filingsCHICAGO, ILOther Banking and Financial Services6$71,631,849
offering $1,389,610 · similar: $2,144,500–$20,220,000
51
similar: 2–24
$10,000
similar: $10,000–$100,000
2017–2026
EDGAR ↗PM PHASE3 MASTER FUND LLCshared people, shared management entity, same business address, similar issuer namesBOCA RATON, FLPooled Investment Fund7$45,646,750
offering Indefinite · similar: $155,000–$5,250,000
42
similar: 4–27
$1,000,000
similar: $1,000–$100,000
2019–2025
EDGAR ↗PO Phase3 Offshore Fund LPshared people, shared management entity, same business address, similar issuer namesBOCA RATON,, FLPooled Investment Fund4$3,085,000
offering Indefinite · similar: $155,000–$5,250,000
5
similar: 4–27
$1,000,000
similar: $1,000–$100,000
2021–2025
EDGAR ↗PG Phase3 Global Rates Fund LLCshared people, shared management entity, same business address, similar issuer namesBOCA RATON, FLPooled Investment Fund4$20,501,206
offering Indefinite · similar: $155,000–$5,250,000
9
similar: 4–27
$1,000,000
similar: $1,000–$100,000
2023–2026
EDGAR ↗PS Phase3 Systematic Opportunity Fund LLCshared people, shared management entity, same business address, similar issuer namesBOCA RATON, FLPooled Investment Fund1$0
offering Indefinite · similar: $155,000–$5,250,000
0
similar: 4–27
$1,000,000
similar: $1,000–$100,000
2025–2025

"Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Pooled Investment Fund / 506(b) (83,801 filings); Other Banking and Financial Services / 506(b) (1,630 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

Timeline of offerings

SourceFiledIssuerFormIndustryOfferedSold
EDGAR ↗Jul 8, 2026PT Financial Companies LLCDOther Banking and Financial Services$1,389,610$1,389,610
EDGAR ↗Mar 18, 2026Phase3 Global Rates Fund LLCD/APooled Investment FundIndefinite$20,501,206
EDGAR ↗Nov 21, 2025Phase3 Systematic Opportunity Fund LLCDPooled Investment FundIndefinite$0
EDGAR ↗Nov 12, 2025PHASE3 MASTER FUND LLCD/APooled Investment FundIndefinite$45,646,750
EDGAR ↗Sep 19, 2025Phase3 Offshore Fund LPD/APooled Investment FundIndefinite$3,085,000
EDGAR ↗Jun 25, 2025PT Financial Companies LLCDOther Banking and Financial Services$10,469,050$10,469,050
EDGAR ↗Mar 18, 2025Phase3 Global Rates Fund LLCD/APooled Investment FundIndefinite$18,600,000
EDGAR ↗Dec 31, 2024PT Financial Companies LLCDOther Banking and Financial Services$71,631,849$71,631,849
EDGAR ↗Nov 12, 2024PHASE3 MASTER FUND LLCD/APooled Investment FundIndefinite$45,646,750
EDGAR ↗Sep 19, 2024Phase3 Offshore Fund LPD/APooled Investment FundIndefinite$3,085,000
EDGAR ↗Mar 18, 2024Phase3 Global Rates Fund LLCD/APooled Investment FundIndefinite$14,100,000
EDGAR ↗Nov 9, 2023PHASE3 MASTER FUND LLCD/APooled Investment FundIndefinite$45,646,750
EDGAR ↗Mar 17, 2023Phase3 Offshore Fund LPD/APooled Investment FundIndefinite$2,985,000
EDGAR ↗Mar 17, 2023Phase3 Global Rates Fund LLCDPooled Investment FundIndefinite$8,500,000
EDGAR ↗Dec 29, 2022PHASE3 MASTER FUND LLCD/APooled Investment FundIndefinite$45,546,750
EDGAR ↗Dec 29, 2021Phase3 Offshore Fund LPDPooled Investment FundIndefinite$0
EDGAR ↗Nov 12, 2021PHASE3 MASTER FUND LLCD/APooled Investment FundIndefinite$33,560,030
EDGAR ↗Nov 12, 2020PHASE3 MASTER FUND LLCD/APooled Investment FundIndefinite$6,860,000
EDGAR ↗Oct 3, 2019PHASE3 MASTER FUND LLCDPooled Investment FundIndefinite$4,810,000
EDGAR ↗Jul 2, 2019PT Financial Companies LLCDOther Banking and Financial Services$15,000,000$15,000,000
EDGAR ↗Mar 7, 2019PTAM Enhanced Structured Credit Fund, LPD/APooled Investment FundIndefinite$147,409,863
EDGAR ↗Mar 7, 2019PTAM Enhanced Structured Credit Fund Offshore, L.P.D/APooled Investment FundIndefinite$29,896,192
EDGAR ↗Mar 23, 2018PTAM Enhanced Structured Credit Fund Offshore, L.P.D/APooled Investment FundIndefinite$29,363,717
EDGAR ↗Mar 23, 2018PTAM Enhanced Structured Credit Fund, LPD/APooled Investment FundIndefinite$147,159,863
EDGAR ↗Jan 8, 2018PT Financial Companies LLCDOther Banking and Financial Services$24,630,000$24,630,000
EDGAR ↗Oct 24, 2017PT Financial Companies LLCDOther Banking and Financial Services$8,032,500$8,032,500
EDGAR ↗Aug 24, 2017PTAM Dynamic Fixed Income Fund (Cayman), Ltd.D/APooled Investment FundIndefinite$119,396,760
EDGAR ↗Mar 24, 2017PTAM Enhanced Structured Credit Fund, LPD/APooled Investment FundIndefinite$147,009,863
EDGAR ↗Mar 24, 2017PTAM Enhanced Structured Credit Fund Offshore, L.P.D/APooled Investment FundIndefinite$29,363,717
EDGAR ↗Mar 21, 2017PTAM Dynamic Fixed Income Fund (US), LLCD/APooled Investment FundIndefinite$44,967,809
EDGAR ↗Sep 14, 2016PTAM Dynamic Fixed Income Fund (Cayman), Ltd.D/APooled Investment FundIndefinite$118,810,760
EDGAR ↗Apr 20, 2016PTAM Enhanced Structured Credit Fund, LPD/APooled Investment FundIndefinite$147,009,863
EDGAR ↗Apr 20, 2016PTAM Enhanced Structured Credit Fund Offshore, L.P.D/APooled Investment FundIndefinite$29,363,717
EDGAR ↗Feb 25, 2016PTAM Dynamic Fixed Income Fund (US), LLCD/APooled Investment FundIndefinite$35,862,944
EDGAR ↗Feb 24, 2016PTAM Dynamic Fixed Income Fund (US), LLCDPooled Investment FundIndefinite$35,862,944
EDGAR ↗Sep 4, 2015PTAM Dynamic Fixed Income Fund (Cayman), Ltd.D/APooled Investment FundIndefinite$52,650,000
EDGAR ↗Apr 20, 2015PTAM Structured Credit Fund Offshore, L.P.D/APooled Investment FundIndefinite$10,000,000
EDGAR ↗Apr 20, 2015PTAM Structured Credit Fund, LPD/APooled Investment FundIndefinite$243,547,552
EDGAR ↗Apr 20, 2015PTAM Enhanced Structured Credit Fund Offshore, L.P.D/APooled Investment FundIndefinite$28,687,817
EDGAR ↗Apr 20, 2015PTAM Enhanced Structured Credit Fund, LPD/APooled Investment FundIndefinite$144,994,364
EDGAR ↗Mar 3, 2015PTAM Dynamic Fixed Income Fund (US), LLCD/APooled Investment FundIndefinite$35,112,944
EDGAR ↗Sep 9, 2014PTAM Dynamic Fixed Income Fund (Cayman), Ltd.DPooled Investment FundIndefinite$50,150,000
EDGAR ↗Apr 18, 2014PTAM Structured Credit Fund Offshore, L.P.D/APooled Investment FundIndefinite$10,000,000
EDGAR ↗Apr 18, 2014PTAM Enhanced Structured Credit Fund Offshore, L.P.D/APooled Investment FundIndefinite$28,393,355
EDGAR ↗Apr 18, 2014PTAM Structured Credit Fund, LPD/APooled Investment FundIndefinite$243,547,552
EDGAR ↗Apr 18, 2014PTAM Enhanced Structured Credit Fund, LPD/APooled Investment FundIndefinite$128,916,921
EDGAR ↗Feb 4, 2014PTAM Structured Credit Fund, LPD/APooled Investment FundIndefinite$243,547,552
EDGAR ↗Jan 14, 2014PTAM Dynamic Fixed Income Fund (US), LLCDPooled Investment FundIndefinite$10,620,795
EDGAR ↗Sep 9, 2013PTAM Structured Credit Fund Offshore, L.P.D/APooled Investment FundIndefinite$10,000,000
EDGAR ↗Jul 3, 2013PT Financial LLCDOther Banking and Financial Services$8,437,500$8,437,500
EDGAR ↗Apr 18, 2013PTAM Enhanced Structured Credit Fund Offshore, L.P.D/APooled Investment FundIndefinite$27,593,430
EDGAR ↗Apr 18, 2013PTAM Enhanced Structured Credit Fund, LPD/APooled Investment FundIndefinite$132,723,607
EDGAR ↗Feb 4, 2013PTAM Structured Credit Fund, LPD/APooled Investment FundIndefinite$209,468,254
EDGAR ↗Sep 7, 2012PTAM Structured Credit Fund Offshore, L.P.DPooled Investment FundIndefinite$10,000,000
EDGAR ↗Apr 18, 2012PTAM Enhanced Structured Credit Fund Offshore, L.P.D/APooled Investment FundIndefinite$6,027,033
EDGAR ↗Apr 18, 2012PTAM Enhanced Structured Credit Fund, LPD/APooled Investment FundIndefinite$86,011,292
EDGAR ↗Feb 3, 2012PTAM Structured Credit Fund, LPD/APooled Investment FundIndefinite$90,049,246
EDGAR ↗Dec 15, 2011PT Financial LLCDOther Banking and Financial Services$13,688,889$13,688,889
EDGAR ↗Sep 30, 2011PTMR Capital Partners, LPDPooled Investment Fund$300,000,000$0
EDGAR ↗Apr 20, 2011PTAM Enhanced Structured Credit Fund, LPD/APooled Investment FundIndefinite$75,874,792
EDGAR ↗Apr 20, 2011PTAM Enhanced Structured Credit Fund Offshore, L.P.D/APooled Investment FundIndefinite$5,892,033
EDGAR ↗Feb 10, 2011PTAM Structured Credit Fund, LPD/APooled Investment FundIndefinite$59,631,613
EDGAR ↗Jun 9, 2010Performance Trust TALF Fund, Ltd.D/APooled Investment FundIndefinite$8,500,000
EDGAR ↗Apr 20, 2010PTAM Enhanced Structured Credit Fund Offshore, L.P.DPooled Investment FundIndefinite$3,947,408
EDGAR ↗Apr 20, 2010PTAM Enhanced Structured Credit Fund, LPDPooled Investment FundIndefinite$67,050,433
EDGAR ↗Oct 23, 2009PTAM Structured Credit Fund, LPD/APooled Investment FundIndefinite$78,343,577
EDGAR ↗Jun 4, 2009Performance Trust TALF Fund, Ltd.DPooled Investment FundIndefinite$4,750,000
EDGAR ↗Oct 14, 2008PTAM Structured Credit Fund, LPDPooled Investment FundIndefinite$0

Activity: 2 new offerings in the last 12 months across all issuers in this group (new offering = a Form D that is not an amendment, D/A) · most recent filing Jul 8, 2026. Industry history, as reported on each offering's latest filing: Previous offerings: Pooled Investment Fund (2008–2011), Other Banking and Financial Services (2011), Pooled Investment Fund (2012), Other Banking and Financial Services (2013), Pooled Investment Fund (2014–2016), Other Banking and Financial Services (2017–2019), Pooled Investment Fund (2019–2023), Other Banking and Financial Services (2024–2025), Pooled Investment Fund (2025). Latest offering: Other Banking and Financial Services (Jul 8, 2026).

People across the group

NameRolesIssuers hereFirst → last listed
RB Richard BergExecutive Officer, Promoter, Director7Oct 14, 2008 → Jul 8, 2026
EY Ethan S. YouderianExecutive Officer6Feb 25, 2016 → Mar 18, 2026
PN PHILIP NUSSBAUMDirector, Executive Officer, Promoter6Jun 4, 2009 → Jul 2, 2019
PA PT ASSET MANAGEMENT, LLC entityPromoter6Jan 14, 2014 → Mar 7, 2019
SH Shane B. HooverExecutive Officer5Sep 30, 2011 → Mar 18, 2026
KA Karim S. AlwanExecutive Officer4Oct 3, 2019 → Mar 18, 2026
PF PT Financial, LLC entityExecutive Officer4Feb 4, 2014 → Mar 24, 2017
P3 Phase 3 Capital Management LLC entityExecutive Officer3Dec 29, 2021 → Mar 18, 2026
EW Eric M. WhiteExecutive Officer3Dec 29, 2021 → Mar 18, 2026
DW David Floyd WildingExecutive Officer3Jan 14, 2014 → Jul 2, 2019
JM James H. MatsonExecutive Officer, Promoter, Director3Oct 14, 2008 → Dec 15, 2011
PT Performance Trust GP III, LLC entityExecutive Officer2Apr 18, 2014 → Mar 7, 2019
PH PTAM Holdings, LLC entityExecutive Officer2Mar 23, 2018 → Mar 7, 2019
DR Douglas RothschildExecutive Officer2Jan 14, 2014 → Sep 14, 2016
PT Performance Trust GP II, LLC entityExecutive Officer2Feb 4, 2014 → Apr 20, 2015
PT Performance Trust GP II, LLC Performance Trust GP II, LLC entityExecutive Officer2Feb 10, 2011 → Sep 9, 2013
JL James V. LorentsenExecutive Officer, Promoter2Oct 14, 2008 → Jul 3, 2013
PT Performance Trust GP III, LLC Performance Trust GP III, LLC entityExecutive Officer2Apr 20, 2010 → Apr 18, 2013
ZJ Zachary JohnsonDirector1Dec 31, 2024 → Jul 8, 2026
CS Chirag ShahExecutive Officer, Director1Dec 31, 2024 → Jul 8, 2026
HK Heather KreagerDirector1Dec 31, 2024 → Jul 8, 2026
RG Richard Graham, Jr.Director1Dec 31, 2024 → Jul 8, 2026
EB Eric BrownDirector1Dec 31, 2024 → Jul 8, 2026
AB Adam BureshDirector1Dec 31, 2024 → Jul 8, 2026
RG Ryan GazdaExecutive Officer1Dec 31, 2024 → Jul 8, 2026
SR Scott ReedDirector1Dec 31, 2024 → Jul 8, 2026
AD Anthony J. DePaloDirector1Jul 8, 2026 → Jul 8, 2026
WE White M. EricExecutive Officer1Nov 21, 2025 → Nov 21, 2025
P3 PHASE 3 CAPITAL MANAGEMENT LLC entityExecutive Officer1Oct 3, 2019 → Nov 12, 2025
BL Brian LeibfriedDirector1Dec 31, 2024 → Jun 25, 2025
JD Jennifer DochertyExecutive Officer1Dec 31, 2024 → Jun 25, 2025
CP Cassandra PowellDirector1Sep 9, 2014 → Aug 24, 2017
AL Anne-Marie LeadbetterDirector1Aug 24, 2017 → Aug 24, 2017
AM Alan MilgateDirector1Sep 9, 2014 → Sep 14, 2016
MM Michelle MorganDirector1Sep 9, 2014 → Sep 14, 2016
DY DAVID YOUDERIANExecutive Officer1Feb 24, 2016 → Feb 24, 2016
JE Jason Alan ElderDirector1Dec 15, 2011 → Jul 3, 2013
SS Sean SullivanExecutive Officer1Sep 30, 2011 → Sep 30, 2011
MR Michael F. RosinusExecutive Officer, Director1Sep 30, 2011 → Sep 30, 2011
ER Edward RosinusExecutive Officer1Sep 30, 2011 → Sep 30, 2011
PN Phillip M. NussbaumExecutive Officer, Promoter1Oct 14, 2008 → Oct 23, 2009

Business registration (state registry / Secretary of State)

1 of 14 issuers have a matched state registry record — records by status: active 1.

Registries searched: AL (Alabama Secretary of State — Business Entity Records (arc-sos.state.al.us), searched by issuer name, data as of Oct 24, 2026); CO (Colorado Secretary of State — Business Entities in Colorado (data.colorado.gov), data as of Oct 23, 2026); CT (Connecticut Secretary of the State — Business Registry (data.ct.gov), data as of Oct 24, 2026); FL (Florida Department of State, Division of Corporations — quarterly corporate data file (Sunbiz), data as of Oct 7, 2026); NY (New York Department of State — Corporations and Other Entities (data.ny.gov: All Filings + Active Corporations), data as of Oct 20, 2026); OR (Oregon Secretary of State — Active Businesses, All (data.oregon.gov), data as of Oct 20, 2026); PA (Pennsylvania Department of State — Registered Businesses, Current (data.pa.gov), data as of Oct 6, 2026); TX (Texas Comptroller — Active Franchise Taxpayers incl. Secretary of State file data (data.texas.gov), data as of Oct 24, 2026). Registries of other states have not been searched: many publish no bulk file and require a CAPTCHA or bot challenge on their search page, which we do not bypass (Delaware, for example, offers no public bulk file). A registry listing is the state's own record of the entity; it says nothing about the offering itself.

Adviser registration (Form ADV)

PHASE 3 CAPITAL MANAGEMENT LLC — SEC-registered investment adviser · SEC registration status as reported: “Approved” since May 4, 2018 · SEC file 801-113155 · Main office: BOCA RATON, FL · IAPD record ↗ · Form ADV filing (PDF) ↗

Regulatory assets under management: $2,537,991,000 as reported on Form ADV filed Sep 2, 2026 (Item 5.F(2)(c)) · 6 accounts (Item 5.F(2)(f))

Websites listed on Form ADV (Item 1.I): p3cm.com ↗

Item 11 disclosure questions as answered on Form ADV filed Sep 2, 2026: 0 of 24 answered “Yes”
  • No — Form ADV Item 11 asks: “Do any of the events below involve you or any of your supervised persons?”
  • No — Form ADV Item 11A(1) asks: “A. In the past ten years, have you or any advisory affiliate: (1) been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to any felony?”
  • No — Form ADV Item 11A(2) asks: “A. (2) been charged with any felony?”
  • No — Form ADV Item 11B(1) asks: “B. In the past ten years, have you or any advisory affiliate: (1) been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to a misdemeanor involving: investments or an investment-related business, or any fraud, false statements, or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, extortion, or a conspiracy to commit any of these offenses?”
  • No — Form ADV Item 11B(2) asks: “B. (2) been charged with a misdemeanor listed in Item 11.B(1)?”
  • No — Form ADV Item 11C(1) asks: “C. Has the SEC or the Commodity Futures Trading Commission (CFTC) ever: (1) found you or any advisory affiliate to have made a false statement or omission?”
  • No — Form ADV Item 11C(2) asks: “C. (2) found you or any advisory affiliate to have been involved in a violation of SEC or CFTC regulations or statutes?”
  • No — Form ADV Item 11C(3) asks: “C. (3) found you or any advisory affiliate to have been a cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?”
  • No — Form ADV Item 11C(4) asks: “C. (4) entered an order against you or any advisory affiliate in connection with investment-related activity?”
  • No — Form ADV Item 11C(5) asks: “C. (5) imposed a civil money penalty on you or any advisory affiliate, or ordered you or any advisory affiliate to cease and desist from any activity?”
  • No — Form ADV Item 11D(1) asks: “D. Has any other federal regulatory agency, any state regulatory agency, or any foreign financial regulatory authority: (1) ever found you or any advisory affiliate to have made a false statement or omission, or been dishonest, unfair, or unethical?”
  • No — Form ADV Item 11D(2) asks: “D. (2) ever found you or any advisory affiliate to have been involved in a violation of investment-related regulations or statutes?”
  • No — Form ADV Item 11D(3) asks: “D. (3) ever found you or any advisory affiliate to have been a cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?”
  • No — Form ADV Item 11D(4) asks: “D. (4) in the past ten years, entered an order against you or any advisory affiliate in connection with an investment-related activity?”
  • No — Form ADV Item 11D(5) asks: “D. (5) ever denied, suspended, or revoked your or any advisory affiliate's registration or license, or otherwise prevented you or any advisory affiliate, by order, from associating with an investment-related business or restricted your or any advisory affiliate's activity?”
  • No — Form ADV Item 11E(1) asks: “E. Has any self-regulatory organization or commodities exchange ever: (1) found you or any advisory affiliate to have made a false statement or omission?”
  • No — Form ADV Item 11E(2) asks: “E. (2) found you or any advisory affiliate to have been involved in a violation of its rules (other than a violation designated as a "minor rule violation" under a plan approved by the SEC)?”
  • No — Form ADV Item 11E(3) asks: “E. (3) found you or any advisory affiliate to have been the cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?”
  • No — Form ADV Item 11E(4) asks: “E. (4) disciplined you or any advisory affiliate by expelling or suspending you or the advisory affiliate from membership, barring or suspending you or the advisory affiliate from association with other members, or otherwise restricting your or the advisory affiliate's activities?”
  • No — Form ADV Item 11F asks: “F. Has an authorization to act as an attorney, accountant, or federal contractor granted to you or any advisory affiliate ever been revoked or suspended?”
  • No — Form ADV Item 11G asks: “G. Are you or any advisory affiliate now the subject of any regulatory proceeding that could result in a "yes" answer to any part of Item 11.C., 11.D., or 11.E.?”
  • No — Form ADV Item 11H(1)(a) asks: “H. (1) Has any domestic or foreign court: (a) in the past ten years, enjoined you or any advisory affiliate in connection with any investment-related activity?”
  • No — Form ADV Item 11H(1)(b) asks: “H. (1)(b) ever found that you or any advisory affiliate were involved in a violation of investment-related statutes or regulations?”
  • No — Form ADV Item 11H(1)(c) asks: “H. (1)(c) ever dismissed, pursuant to a settlement agreement, an investment-related civil action brought against you or any advisory affiliate by a state or foreign financial regulatory authority?”
  • No — Form ADV Item 11H(2) asks: “H. (2) Are you or any advisory affiliate now the subject of any civil proceeding that could result in a "yes" answer to any part of Item 11.H(1)?”

Answers as filed by the adviser on Form ADV Part 1A, Item 11; question text quoted from the form. Details of each “Yes” are in the Disclosure Reporting Pages of the Form ADV (PDF) ↗.

Matched on management entity listed on Form D = adviser name, business address on Form ADV = address on Form D · Form ADV data: SEC Investment Adviser Information Report (SEC-registered advisers), file dated 2026-10-02, loaded Oct 23, 2026, 8:39 PM ET · IAPD record last checked Oct 23, 2026, 8:36 PM ET

PT ASSET MANAGEMENT, LLC — SEC-registered investment adviser · SEC registration status as reported: “Approved” since Mar 11, 1994 · SEC file 801-46031 · Main office: CHICAGO, IL · IAPD record ↗ · Form ADV filing (PDF) ↗

Regulatory assets under management: $11,345,900,304 as reported on Form ADV filed Mar 31, 2026 (Item 5.F(2)(c)) · 5 accounts (Item 5.F(2)(f))

Websites listed on Form ADV (Item 1.I): www.youtube.com/@ptassetmanagementllc ↗

Item 11 disclosure questions as answered on Form ADV filed Mar 31, 2026: 0 of 24 answered “Yes”
  • No — Form ADV Item 11 asks: “Do any of the events below involve you or any of your supervised persons?”
  • No — Form ADV Item 11A(1) asks: “A. In the past ten years, have you or any advisory affiliate: (1) been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to any felony?”
  • No — Form ADV Item 11A(2) asks: “A. (2) been charged with any felony?”
  • No — Form ADV Item 11B(1) asks: “B. In the past ten years, have you or any advisory affiliate: (1) been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to a misdemeanor involving: investments or an investment-related business, or any fraud, false statements, or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, extortion, or a conspiracy to commit any of these offenses?”
  • No — Form ADV Item 11B(2) asks: “B. (2) been charged with a misdemeanor listed in Item 11.B(1)?”
  • No — Form ADV Item 11C(1) asks: “C. Has the SEC or the Commodity Futures Trading Commission (CFTC) ever: (1) found you or any advisory affiliate to have made a false statement or omission?”
  • No — Form ADV Item 11C(2) asks: “C. (2) found you or any advisory affiliate to have been involved in a violation of SEC or CFTC regulations or statutes?”
  • No — Form ADV Item 11C(3) asks: “C. (3) found you or any advisory affiliate to have been a cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?”
  • No — Form ADV Item 11C(4) asks: “C. (4) entered an order against you or any advisory affiliate in connection with investment-related activity?”
  • No — Form ADV Item 11C(5) asks: “C. (5) imposed a civil money penalty on you or any advisory affiliate, or ordered you or any advisory affiliate to cease and desist from any activity?”
  • No — Form ADV Item 11D(1) asks: “D. Has any other federal regulatory agency, any state regulatory agency, or any foreign financial regulatory authority: (1) ever found you or any advisory affiliate to have made a false statement or omission, or been dishonest, unfair, or unethical?”
  • No — Form ADV Item 11D(2) asks: “D. (2) ever found you or any advisory affiliate to have been involved in a violation of investment-related regulations or statutes?”
  • No — Form ADV Item 11D(3) asks: “D. (3) ever found you or any advisory affiliate to have been a cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?”
  • No — Form ADV Item 11D(4) asks: “D. (4) in the past ten years, entered an order against you or any advisory affiliate in connection with an investment-related activity?”
  • No — Form ADV Item 11D(5) asks: “D. (5) ever denied, suspended, or revoked your or any advisory affiliate's registration or license, or otherwise prevented you or any advisory affiliate, by order, from associating with an investment-related business or restricted your or any advisory affiliate's activity?”
  • No — Form ADV Item 11E(1) asks: “E. Has any self-regulatory organization or commodities exchange ever: (1) found you or any advisory affiliate to have made a false statement or omission?”
  • No — Form ADV Item 11E(2) asks: “E. (2) found you or any advisory affiliate to have been involved in a violation of its rules (other than a violation designated as a "minor rule violation" under a plan approved by the SEC)?”
  • No — Form ADV Item 11E(3) asks: “E. (3) found you or any advisory affiliate to have been the cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?”
  • No — Form ADV Item 11E(4) asks: “E. (4) disciplined you or any advisory affiliate by expelling or suspending you or the advisory affiliate from membership, barring or suspending you or the advisory affiliate from association with other members, or otherwise restricting your or the advisory affiliate's activities?”
  • No — Form ADV Item 11F asks: “F. Has an authorization to act as an attorney, accountant, or federal contractor granted to you or any advisory affiliate ever been revoked or suspended?”
  • No — Form ADV Item 11G asks: “G. Are you or any advisory affiliate now the subject of any regulatory proceeding that could result in a "yes" answer to any part of Item 11.C., 11.D., or 11.E.?”
  • No — Form ADV Item 11H(1)(a) asks: “H. (1) Has any domestic or foreign court: (a) in the past ten years, enjoined you or any advisory affiliate in connection with any investment-related activity?”
  • No — Form ADV Item 11H(1)(b) asks: “H. (1)(b) ever found that you or any advisory affiliate were involved in a violation of investment-related statutes or regulations?”
  • No — Form ADV Item 11H(1)(c) asks: “H. (1)(c) ever dismissed, pursuant to a settlement agreement, an investment-related civil action brought against you or any advisory affiliate by a state or foreign financial regulatory authority?”
  • No — Form ADV Item 11H(2) asks: “H. (2) Are you or any advisory affiliate now the subject of any civil proceeding that could result in a "yes" answer to any part of Item 11.H(1)?”

Answers as filed by the adviser on Form ADV Part 1A, Item 11; question text quoted from the form. Details of each “Yes” are in the Disclosure Reporting Pages of the Form ADV (PDF) ↗.

Matched on management entity listed on Form D = adviser name, same state (IL) · Form ADV data: SEC Investment Adviser Information Report (SEC-registered advisers), file dated 2026-10-02, loaded Oct 23, 2026, 8:39 PM ET · IAPD record last checked Oct 23, 2026, 8:36 PM ET

PT ASSET MANAGEMENT, LLC — IAPD listing status: INACTIVE · SEC file 801-76519 · Main office: DENVER, CO · IAPD record ↗ · Form ADV filing (PDF) ↗

Regulatory assets under management: Not found in sources searched (SEC Investment Adviser Information Reports — Form ADV data for SEC-registered advisers and exempt reporting advisers (file dated 2026-10-02) does not list CRD 163396; the IAPD search summary does not report AUM).

Disclosures: IAPD summary flag reports disclosures on record: No — Item 11 answers: not in the monthly Form ADV data file loaded; see the IAPD record ↗.

Matched on management entity listed on Form D = adviser name, adviser's main office state (CO) differs from the Form D state (IL) · IAPD record last checked Oct 23, 2026, 9:57 PM ET

Meta advertising

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Other offering types (Regulation A and Regulation Crowdfunding)

Searched SEC Regulation A Data Sets (Forms 1-A, 1-K, 1-Z; 2015 Q2 → 2026 Q3); SEC Crowdfunding Offerings Data Sets (Form C family; 2016 Q2 → 2026 Q3); EDGAR form index for 2026 Q3 → 2026 Q4 (51,358 records as of Oct 23, 2026, 8:41 PM ET) — nothing matched this name.

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