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Private fund adviser · New York, NY

Msress III Manager, L.L.C.

SEC-registered investment adviser · CRD 138602 · SEC 801-65333

At a glance

Msress III Manager, L.L.C. is an SEC-registered investment adviser based in New York, New York, with $40 million in regulatory assets under management as of its Form ADV filed March 26, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 4,602nd of 4,686 private fund advisers and 16,016th of 17,210 SEC-registered advisers by assets.

Main office 212-761-7160As filed on Form ADV

Regulatory AUM
$40M
Rank among private fund advisers
#4,602 of 4,686
Rank among all SEC RIAs
#16,016 of 17,210
Rank in New York
#2,400 of 2,591
Clients
1
Accounts
1
Discretionary
100% of AUM
Employees
372
Advisory staff
170
Offices
17

Owners and executives on its Form ADV

Custody and brokerage

Custodian

Msress III Manager, L.L.C.’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.

Broker-dealer

Hybrid RIA

Msress III Manager, L.L.C. is a hybrid RIA: 21 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Eaton Vance Distributors, Inc., Morgan Stanley & Co. LLC, Morgan Stanley Asia Limited, Morgan Stanley Distribution, Inc. and Morgan Stanley Smith Barney LLC.

Its Form ADV brochure (filed March 2026) names Morgan Stanley as the broker-dealer its advisers are registered with.

Notwithstanding any such policies, personnel of Morgan Stanley or of the Adviser, other associated persons of Morgan Stanley or of the Adviser or any of their affiliates could, unbeknownst to Morgan Stanley or the Adviser, use AI Technolog

Other hybrid RIAs

Who it serves

Client typeClientsRegulatory AUMShare
Pooled investment vehicles1$40M100%

Private funds

Msress III Manager, L.L.C. reports 1 private funds with $40M in gross assets: real estate funds (Form ADV Item 7.B).

Disciplinary disclosures

Msress III Manager, L.L.C. answers yes to 7 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗

Services

  • Portfolio management for pooled investment vehicles

How it’s paid

  • A percentage of assets under management
  • Performance-based fees

AtlasMembers

The full record on Msress III Manager, L.L.C.

Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.

Assets, accounts, clients and staff, ten years of filings
Locked
Growth over one, three and five years
Locked
Rank against 234 peers of its type and size
Locked
Owners and executives, with titles and stakes
11 namedLocked
Main office, fax and compliance officer
Locked
Filing changes this year, with alerts
1Locked
Open Atlas free

Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.

Background

Questions

How much does Msress III Manager, L.L.C. manage?

Msress III Manager, L.L.C. reports $40 million in regulatory assets under management across 1 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 26, 2026.

What kind of firm is Msress III Manager, L.L.C.?

Msress III Manager, L.L.C. is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets. A public reporting company controls it.

Who are Msress III Manager, L.L.C.’s clients?

By assets, its largest client types are pooled investment vehicles ($40 million, 1 clients).

Does Msress III Manager, L.L.C. manage private funds?

Yes. It reports 1 private funds with $40 million in gross assets, including real estate funds.

Does Msress III Manager, L.L.C. have any disciplinary history?

Msress III Manager, L.L.C. answers yes to 7 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.

Where these numbers come from

Every figure is Msress III Manager, L.L.C.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-26), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.

Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →