We microscopically evaluate the excitation spectrum of the He-3 impuri
ty in liquid He-4 at T=0 and compare it with the experimental curve at
equilibrium density. The adopted correlated basis perturbative scheme
includes up to two independent phonons, intermediate correlated state
s, and the correlation operator is built up with two- and three-body c
orrelation functions. The experimental spectrum is well described by t
he theory along all the available momentum range. A marked deviation f
rom the simple Landau-Pomeranchuck quadratic behavior is found and the
momentum-dependent effective mass of the impurity increases by simila
r to 50% at q similar to 1.7 Angstrom(-1) with respect to its q=0 valu
e. No signature of rotonlike structures is found.