Form D · Other Investment Fund

Acadian Emerging Markets Small-Cap Equity Fund, LLC

Boston, MA · CIK 0001533444

Offering snapshot reported Nov 3, 2025 · SEC filing

Reported sold
$2.15B
Indefinite offering
Investors reported
135
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
Oct 14, 2011
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$1.08B$2.15BOct 27, 2011: $10,000,000.00Oct 27, 2011Oct 31, 2012: $21,408,940.00Aug 7, 2013: $30,408,941.00Aug 14, 2013: $32,628,941.00Oct 16, 2013: $44,428,940.00Jun 25, 2014: $159,429,940.00Jul 14, 2014: $243,429,940.00Aug 29, 2014: $332,754,940.00Sep 17, 2014: $334,754,940.00Oct 22, 2014: $391,954,940.00Nov 14, 2014: $395,804,940.00Nov 24, 2014: $408,354,940.00Dec 11, 2014: $419,524,940.00Apr 23, 2015: $550,771,874.00Nov 25, 2015: $789,329,374.00Nov 7, 2016: $833,185,174.00Nov 8, 2016: $843,185,174.00Nov 21, 2016: $849,485,174.00Nov 20, 2017: $898,081,490.00Feb 8, 2018: $981,836,490.00Nov 20, 2018: $1,118,726,490.00Nov 20, 2019: $1,129,326,490.00Nov 18, 2020: $1,204,492,486.00Jun 14, 2021: $1,256,742,486.00Nov 16, 2021: $1,263,692,486.00Aug 24, 2022: $1,478,169,303.00Nov 16, 2022: $1,514,169,303.00Nov 16, 2023: $1,677,129,138.00Nov 15, 2024: $2,085,201,562.00Nov 3, 2025: $2,150,879,460.00Nov 3, 2025

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$2,085,201,562 → $2,150,879,460
  • Reported investors132 → 135

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Nov 3, 2025Amendment$2,150,879,460$65,677,898vs Nov 15, 2024135SEC filing
Nov 15, 2024Amendment$2,085,201,562$408,072,424vs Nov 16, 2023132SEC filing
Nov 16, 2023Amendment$1,677,129,138$162,959,835vs Nov 16, 2022123SEC filing
Nov 16, 2022Amendment$1,514,169,303$36,000,000vs Aug 24, 2022118SEC filing
Aug 24, 2022Amendment$1,478,169,303$214,476,817vs Nov 16, 2021117SEC filing
Nov 16, 2021Amendment$1,263,692,486$6,950,000vs Jun 14, 2021111SEC filing
Jun 14, 2021Amendment$1,256,742,486$52,250,000vs Nov 18, 2020109SEC filing
Nov 18, 2020Amendment$1,204,492,486$75,165,996vs Nov 20, 2019108SEC filing
Nov 20, 2019Amendment$1,129,326,490$10,600,000vs Nov 20, 2018106SEC filing
Nov 20, 2018Amendment$1,118,726,490$136,890,000vs Feb 8, 2018105SEC filing
Feb 8, 2018Amendment$981,836,490$83,755,000vs Nov 20, 201796SEC filing
Nov 20, 2017Amendment$898,081,490$48,596,316vs Nov 21, 201684SEC filing
Nov 21, 2016Amendment$849,485,174$6,300,000vs Nov 8, 201683SEC filing
Nov 8, 2016Amendment$843,185,174$10,000,000vs Nov 7, 201682SEC filing
Nov 7, 2016Amendment$833,185,174$43,855,800vs Nov 25, 201581SEC filing
Nov 25, 2015Amendment$789,329,374$238,557,500vs Apr 23, 201578SEC filing
Apr 23, 2015Amendment$550,771,874$131,246,934vs Dec 11, 201456SEC filing
Dec 11, 2014Amendment$419,524,940$11,170,000vs Nov 24, 201440SEC filing
Nov 24, 2014Amendment$408,354,940$12,550,000vs Nov 14, 201435SEC filing
Nov 14, 2014Amendment$395,804,940$3,850,000vs Oct 22, 201429SEC filing
Oct 22, 2014Amendment$391,954,940$57,200,000vs Sep 17, 201427SEC filing
Sep 17, 2014Amendment$334,754,940$2,000,000vs Aug 29, 201423SEC filing
Aug 29, 2014Amendment$332,754,940$89,325,000vs Jul 14, 201422SEC filing
Jul 14, 2014Amendment$243,429,940$84,000,000vs Jun 25, 201417SEC filing
Jun 25, 2014Amendment$159,429,940$115,001,000vs Oct 16, 201313SEC filing
Oct 16, 2013Amendment$44,428,940$11,799,999vs Aug 14, 20137SEC filing
Aug 14, 2013Amendment$32,628,941$2,220,000vs Aug 7, 20136SEC filing
Aug 7, 2013Amendment$30,408,941$9,000,001vs Oct 31, 20125SEC filing
Oct 31, 2012Amendment$21,408,940$11,408,940vs Oct 27, 20113SEC filing
Oct 27, 2011Initial$10,000,000No comparison1SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$825K (estimated)
Finders' fees
$0
Form D file number
021-167900
The amount listed above represents an estimate of the total sales commissions to be paid over the course of one year.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Funds Distributor, LLC7174

Source: Form D, filed Nov 3, 2025. 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

ACADIAN EMERGING MARKETS SMALL CAP EQUITY FUND LLC

Investment adviser: ACADIAN ASSET MANAGEMENT LLC

Gross asset value
$2.69B
Beneficial owners
87
ADV minimum commitment
$1M

Reported in Form ADV on Aug 10, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator BANK OF NEW YORK MELLON EVERETT, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KPMG LLP BOSTON, Massachusetts, United States
Custodian BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

KPMG LLP
PCAOB 185

Filing source

Form ADV 2125090 · Aug 10, 2026 · Schedule D 7.B.(1), fund 805-7041048621

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
N/A Acadian Asset Management Llc Executive
Gary Bergstrom Executive
Brendan Bradley Executive
Charmaine Catania Executive
John Chisholm Executive
Laurent De Greef Executive
Scott P. Dias Executive
Ross A. Dowd Executive
Churchill Franklin Executive
Ronald Frashure Executive
Mark J. Minichiello Executive
Raymond Mui Executive
Theodore Noon Executive
Hunter Smith Executive
Alexandre A. Voitenok Executive
Kelly Young Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Acadian Asset Management Llc 260 Franklin Street
Boston, MA, 02110