Lone Star Fund III

Lone Star Fund III

  • 2000


  • $2.3 billion

    Fund Size

  • 17 months


  • 54

    Number of Investments

  • $5.1 billion

    Aggregate Purchase Price

  • 116,356

    Number of Assets

Lone Star Fund III, formed in July 2000, held its final closing in November 2000 with $2.3 billion in combined capital commitments. Over its 17 month investment period, Lone Star Fund III invested substantially all of its equity capital in 54 investments comprised of 116,356 assets with an aggregate purchase price of approximately $5.1 billion. Transactions consummated by Lone Star Fund III included investments, directly or through joint ventures, in portfolios of secured and unsecured non-performing loans, real estate and financially oriented and real estate-rich operating companies.

Approximately 83% of the capital in Lone Star Fund III was invested in Japan and South Korea, notably including in Japan Lone Star’s first acquisition of a distressed financial institution.  The balance of the capital was invested in greater North America, Europe and other countries within East Asia. Lone Star Fund III has liquidated all of its investments.