UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR
15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) August 31, 2015
SQN Alternative Investment Fund III L.P. |
(Exact name of registrant as specified in its charter) |
Delaware | 333-166195 | 27-2173346 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
100 Wall Street, 28th Floor New York, New York |
10005 | |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (212) 422-2166
(Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
[ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
[ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
[ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events.
On August 31, 2015, SQN Alternative Investment Fund III L.P. (“Fund III”) made a significant liquidation distribution to its limited partners in an amount equivalent to 16.5% of each limited partner’s capital contribution. The distribution was funded from sale proceeds Fund III received from the sale of its interest in an anaerobic digestion facility located in the United Kingdom. The facility was purchased by the lessee of the facility prior to the expiration of the lease.
Since entering its liquidation period in June 2014, Fund III has made aggregate distributions in an amount totaling 23.5% of each limited partner’s capital contribution. To date, Fund III has paid aggregate distributions to its limited partners totaling approximately $9,812,000. Limited partners admitted at the first closing have received aggregate distributions totaling 41.50% of their capital contributions. During its liquidation period Fund III will continue to make periodic distributions as the remaining portfolio assets are liquidated in the normal course of business.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 31, 2015 | SQN Alternative Investment Fund III L.P. | |
By: | SQN AIF III GP, LLC, | |
its General Partner | ||
By: | /S/ JEREMIAH J. SILKOWSKI | |
Jeremiah J. Silkowski | ||
President and Chief Executive Officer |
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