Form D · Hedge Fund
AIR Life SMA, LP
Chicago, IL · CIK 0001800499
Offering snapshot reported Jan 27, 2026 · SEC filing
- Reported sold
- $42.2M Indefinite offering
- Investors reported
- Not reported Form D · investor count
- Minimum accepted
- Not reported Reported outside-investor minimum
- First sale
- Not reported As reported in this filing
What changed?
Latest filing versus its linked predecessor, where available.
No comparable changes in the displayed metrics.
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Jan 27, 2026 | Amendment | $42,222,979 | No comparison | Not reported | SEC filing |
| Jan 22, 2025 | Amendment | $42,222,979 | $2,182,700vs Jan 19, 2024 | 6 | SEC filing |
| Jan 19, 2024 | Amendment | $40,040,279 | $12,325,795vs Jan 19, 2023 | 4 | SEC filing |
| Jan 19, 2023 | Amendment | $27,714,484 | -$12,702,831vs Jan 19, 2022 | 4 | SEC filing |
| Jan 19, 2022 | Amendment | $40,417,315 | $38,317,315vs Jan 19, 2021 | 2 | SEC filing |
| Jan 19, 2021 | Amendment | $2,100,000 | No comparison | 1 | SEC filing |
| Jan 17, 2020 | Initial | Yet to sell | No comparison | 0 | SEC filing |
Offering details
- Securities
- Not reported
- Exemptions
- Not reported
- Duration over one year
- Not reported
- Business combination
- Not reported
- Sales commissions
- Not reported
- Finders' fees
- Not reported
- Form D file number
- 021-358456
Source: Form D, filed Jan 27, 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
AIR LIFE SMA, LP
Investment adviser: ALTERNATIVE INVESTMENT RESOURCE, LLC
- Gross asset value
- $75.5M
- Beneficial owners
- 5
- ADV minimum commitment
- $250K
Reported in Form ADV on Jul 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.
Service providers
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
CBIZ CPA P.C.
PCAOB 199
Filing source
Form ADV 2122607 · Jul 30, 2026 · Schedule D 7.B.(1), fund 805-6886087447
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.
| Name | Reported role |
|---|---|
| N/A Air Life Sma Management, Llc | Promoter |
| Richard Beleutz | Executive |
| Stephen Luongo | Executive |
| Matthew Schaefer | Executive |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Chicago, IL, 60604