# EDGAR Filing Document

**Accession Number:** 0001593547
**File Stem:** 0001398344-25-012019
**Filing Date:** 2025-6
**Character Count:** 3595
**Document Hash:** 25a57d89c17f164306613f13d205580c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-25-012019.hdr.sgml**: 20250620

**ACCESSION NUMBER**: 0001398344-25-012019

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 4

**FILED AS OF DATE**: 20250620

**DATE AS OF CHANGE**: 20250620

**EFFECTIVENESS DATE**: 20250620

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Advisors' Inner Circle Fund III
- **CENTRAL INDEX KEY:** 0001593547

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-192858
- **FILM NUMBER:** 251062064

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456
- **BUSINESS PHONE:** (800) 342-5734

**MAIL ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456

## Series and Classes Contracts Data

### FS Multi-Strategy Alternatives Fund (Series ID: S000075444)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class I    | FSMSX         | C000234545 |
| Class A    | FSMMX         | C000234546 |

---

## Series and Classes Contracts Data

### FS Multi-Strategy Alternatives Fund (Series ID: S000075444)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000234545 | Class I      | FSMSX           |
| C000234546 | Class A      | FSMMX           |

**THE ADVISORS' INNER CIRCLE FUND III**

**(the "Trust")**

**FS Multi-Strategy Alternatives Fund**

**(the "Fund")**

**Supplement dated June 20, 2025 to the Fund's Prospectus (the "Prospectus") dated May 1, 2025**

***This supplement provides new and additional information beyond that contained in the Prospectus and should be read in conjunction with the Prospectus.***

*Effective immediately, the following disclosure is added as a new sixth paragraph under the "Advisory Agreement" subsection within the "Investment Adviser" section of the Prospectus:*

In accordance with a separate exemptive order that the Trust and the Adviser have obtained from the SEC, the Board may approve a new sub-advisory agreement or a material amendment to an existing sub-advisory agreement at a meeting that is not in person, subject to certain conditions, including that the Trustees are able to participate in the meeting using a means of communication that allows them to hear each other simultaneously during the meeting.

**PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.**

CHI-SK-055-0100

**THE ADVISORS' INNER CIRCLE FUND III**

**(the "Trust")**

**FS Multi-Strategy Alternatives Fund**

**(the "Fund")**

**Supplement dated June 20, 2025 to the Fund's Statement of Additional Information (the "SAI") dated May 1, 2025**

***This supplement provides new and additional information beyond that contained in the SAI and should be read in conjunction with the SAI.***

*Effective immediately, the following disclosure is added as a new final paragraph under the "Investment Adviser" subsection within the " The Investment Managers" section of the SAI:*

In accordance with a separate exemptive order that the Trust and the Adviser have obtained from the SEC, the Board may approve a new sub-advisory agreement or a material amendment to an existing sub-advisory agreement at a meeting that is not in person, subject to certain conditions, including that the Trustees are able to participate in the meeting using a means of communication that allows them to hear each other simultaneously during the meeting.

**PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.**

CHI-SK-056-0100