# The Rise Fund III, LP # The Rise Fund III, LP
**New Category** | LP |
**Investment Manager** | TPG (Texas Pacific Group) |
**Fund Status** | |
**Archive** | No |
**Custodian** | N/A |
**Jurisdiction** | USA |
**T1135 Reporting** | Yes |
**Currency** | USD |
**Tax Slip** | K-1 |
**Receiver** **of Tax Receipt** | RFO/Client |
**Tax Slips Expected** | March/April |
**Statements Expected** | Quarterly |
**Accounting** **Treatment** | Per K-1. When distributions are received you will decrease the ACB of the investment until the tax information is received at year-end and then reclassify accordingly |
**Tax Memo/** **Tax Treatment** | pick up income from K1. Capital gains will need to be Canadianized. Ensure reduced treaty withholding rates apply. There may be LLC investments - to confirm yearly. The LP may control foreign corporations, which may rise a T1134 filing obligation - to confirm yearly. |
**US Tax Return Required** | No |
**Type** | Partnership |
**Nature** **of Investment** | Impact Focused Private Equity (Venture, Growth Equity, Buyout) |
**Notes** |