# TPG Rise Fund III, LP # TPG 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-1s
**Receiver** **of Tax Receipt**RFO/Client
**Tax Slips Expected** March/April
**Statements Expected** Quarterly
**Accounting** **Treatment**Per K-1s. 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 K1s(\* for 2022, there are five K-1s to pickup, similar to Blackstone). 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**