Form D · Hedge Fund

AP BIO SPV, LP

New York, NY · CIK 0002048541

Offering snapshot reported Dec 4, 2025 · SEC filing

Reported sold: $12.5M
Investors reported: 15
Minimum accepted: $100K
First sale: Dec 1, 2024

Fundraising history

Reported sold

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$8,420,000 → $12,473,853
Reported investors5 → 15
Minimum accepted$0 → $100,000

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Dec 4, 2025	Amendment	$12,473,853	$4,053,853vs Dec 12, 2024	15	SEC filing
Dec 12, 2024	Initial	$8,420,000	No comparison	5	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-531959

Source: Form D, filed Dec 4, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

Each card uses that adviser's latest imported filing. Filing dates can differ; these disclosures do not confirm a current relationship.

Matched by reported Form D file number

AP BIO SPV, LP

Investment adviser: ARBITER PARTNERS CAPITAL MANAGEMENT, LLC

Gross asset value: $51.1M
Beneficial owners: 15
ADV minimum commitment: $1M

Reported in Form ADV on Apr 28, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator APEX FUND SERVICES NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →

Auditor RSM US, LLP NEW YORK, New York, United States Other funds reporting this name →

Custodian DEUTSCHE BANK TRUST COMPANY AMERICAS NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

RSM US, LLP
PCAOB 49

DEUTSCHE BANK TRUST COMPANY AMERICAS
LEI 571474TGEMMWANRLN572

Fund asset history · 2 annual observations

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Fiscal year	Gross assets	Beneficial owners	ADV filed
2024	$7,500,000	5	Mar 12, 2025
2025	$51,100,000	15	Feb 23, 2026

Filing source

Form ADV 2100239 · Apr 28, 2026 · Schedule D 7.B.(1), fund 805-1880388850

Reported by ARBITER PARTNERS CAPITAL MANAGEMENT, LLC (CRD 156290).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; 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
Name	Reported role
Broken Clock Management, L.L.C	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

530 Fifth Avenue 20 Th Floor
New York, NY, 10036
Phone: 212-650-4664