Form D · Private Equity Fund

12 FLAGS CONSUMER FUND, LP

Grand Cayman, E9 · CIK 0001987079

Offering snapshot reported Jul 23, 2026 · SEC filing

Reported sold
$50.6M
Indefinite offering
Investors reported
8
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Jul 25, 2023
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$25.3M$50.6MJul 27, 2023: $32,000,000.00Jul 27, 2023Jul 26, 2024: $32,000,000.00Jul 26, 2024Jul 23, 2025: $32,225,000.00Jul 23, 2025Jul 23, 2026: $50,578,947.00Jul 23, 2026

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$32,225,000 → $50,578,947
  • Reported investors5 → 8

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jul 23, 2026Amendment$50,578,947$18,353,947vs Jul 23, 20258SEC filing
Jul 23, 2025Amendment$32,225,000$225,000vs Jul 26, 20245SEC filing
Jul 26, 2024Amendment$32,000,000$0vs Jul 27, 20233SEC filing
Jul 27, 2023Initial$32,000,000No comparison3SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.1, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-488037

Source: Form D, filed Jul 23, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

12 FLAGS CONSUMER FUND, LP

Investment adviser: 12 FLAGS CONSUMER FUND GP

Gross asset value
$19.6M
Beneficial owners
8
ADV minimum commitment
$100K

Reported in Form ADV on Aug 24, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator APEX VENTURES FUND SERVICES LIMITED LONDON, United Kingdom Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS GRAND CAYMAN, Cayman Islands
Custodian ICICI BANK LIMITED MUMBAI, India Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS
PCAOB 1266

ICICI BANK LIMITED
LEI R7RX8ER1V4666J8D1I38

Filing source

Form ADV 2124347 · Aug 24, 2026 · Schedule D 7.B.(1), fund 805-6080382165

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
General Partner 12 Flags Consumer Fund Gp Promoter
Rakesh Kapoor Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
C/O Walkers Corporate Limited 190 Elgin Avenue, George Town
Grand Cayman, E9, KY1-9008