$2.524B · Platform-wide
2028-vintage evergreen reserve vehicle providing compliance, capital improvement, and regulatory reserve capacity for the expanded portfolio.
Gr3ySpace Reserve Fund III is the 2028-vintage extension of the platform's compliance and capital-improvement reserve layer. The fund holds standing reserves for regulatory contingencies, deferred capex obligations, and platform-wide capital improvement programs across the expanded 2028 portfolio.
What this fund does.
- Dry powder and opportunistic capital — 60% of capital
- Co-investment backstop — 20% of capital
- Capital preservation — 12% of capital
- Legal and administration — 5% of capital
- Contingency reserve — 3% of capital
Evergreen reserve terms.
- Vehicle
- Delaware Limited Partnership
- Structure
- Evergreen — no fixed termination
- Investment Period
- Ongoing
- Carried Interest
- None (cost-recovery vehicle)
- Preferred Return
- N/A
- Fees
- No fees, no carry
- Liquidity
- Quarterly · 90-day notice redemption window
- Auditor
- PwC
- Legal Counsel
- LePore Law Group
Full fund terms are set forth in the Limited Partnership Agreement, Private Placement Memorandum, and Subscription Documents for the applicable fund vehicle. Fund interests are offered only to accredited investors and qualified purchasers.
Institutional cadence, matched to fund complexity.
Request the Reserve Fund III data room.
Qualified LPs may request the Reserve Fund III private placement memorandum, subscription documents, DDQ, Form ADV Parts 1 and 2A, audited fund financials, and ILPA Reporting Template samples through the Gr3ySpace Investor Relations team.