Third Lake Partners

Asset Manager SEC-registered adviser

Legal name: Third Lake Partners, LLC

Tampa, FL Website LinkedIn

AUM

$6.0B
Regulatory AUM

Private funds

46
Real Estate 22 · Other 15 · Private Equity 6 · Venture Capital 3

Private fund assets

$2.5B
Gross asset value

Employees

16

Last Form D raise

Feb 2026
Most recent fund filing

From SEC Form ADV filing (filed Mar 31, 2026). View on SEC

People(4)

Owners and executive officers named on the firm's SEC Form ADV.

C
Case Fell
Partner & CIO of Asset Management Solutions
Source: SEC Form ADV
L
Luke Thomas
Managing Partner & Head of Real Estate
Source: SEC Form ADV
N
Nathan Sheldon
Partner & Head of Structured Products
Source: SEC Form ADV
R
Robert Forsythe
Founder & Senior Managing Partner
Source: SEC Form ADV

Funds(46)

Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
Third Lake Pm Alternative Yield Strategy Fund I, LPOther$322.3M$412.1M16Feb 2026Warm
Third Lake Re Multifamily Fund VII LPReal Estate$63.3M$100K7Nov 2025Warm
Third Lake Re Self-Storage Fund III, LPReal Estate$4.8M$6.0M1Oct 2025Warm
Third Lake Pc Fund II, LPOther$137.3M$126.0M7Sep 2025Cool
Third Lake Re Sfr III, LPReal Estate$25.5M$62.5M4Sep 2025Cool
Third Lake Re Multifamily Fund V, LPReal Estate$152.8M$172.8M15Oct 2024Cold
Third Lake PE Co-Invest Fund I, LPPrivate Equity$24.4M$63.6M8May 2024Cold
Third Lake PE Fund I, LPPrivate Equity$46.8M$112.0M5Jan 2024Cold
Third Lake Pc Ncbdc Fund, LLCOther$8.9M$30.8M7Mar 2023Cold
Third Lake VC Fund III, LPVenture Capital$23.2M$20.0M1Feb 2023Cold
Third Lake Re Multifamily Fund VI, LPReal Estate$117.2M$80.0M1Dec 2022Cold
Third Lake Re Sfr Fund II, LPReal Estate$119.6M$73.4M7Oct 2022Cold
Third Lake Pc Mpiii Fund, LLCOther$23.5M$23.3M7Sep 2022Cold
Third Lake Pc Peo Fund, LLCOther$1.2M$23.3M7Jul 2022Cold
Third Lake Pc Fund I, LPOther$107.3M$60.0M1Jul 2022Cold

Board seats

Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.

No board seats matched from SEC filings yet.

Regulatory identifiers

CRD number
299961
SEC file number
801-115011

Sources