Form D · Hedge Fund

ARI Founders Fund, LP

Chicago, IL · CIK 0001869781

Offering snapshot reported Jun 27, 2025 · SEC filing

Reported sold
$2.8M
Indefinite offering
Investors reported
15
Form D · investor count
Minimum accepted
$250K
Reported outside-investor minimum
First sale
Jun 1, 2021
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$1.4M$2.8MJun 30, 2021: $2,730,000.00Jun 30, 2021Jun 30, 2022: $2,800,000.00Jun 30, 2022Jun 30, 2023: $2,800,000.00Jun 30, 2023Jul 1, 2024: $2,800,000.00Jul 1, 2024Jun 27, 2025: $2,800,000.00Jun 27, 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.

No comparable changes in the displayed metrics.

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jun 27, 2025Amendment$2,800,000$0vs Jul 1, 202415SEC filing
Jul 1, 2024Amendment$2,800,000$0vs Jun 30, 202315SEC filing
Jun 30, 2023Amendment$2,800,000$0vs Jun 30, 202215SEC filing
Jun 30, 2022Amendment$2,800,000$70,000vs Jun 30, 202115SEC filing
Jun 30, 2021Initial$2,730,000No comparisonNot reportedSEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-404790

Source: Form D, filed Jun 27, 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

ARI FOUNDERS FUND, LP

Investment adviser: ADVISORY RESEARCH INC

Gross asset value
$7.83K
Beneficial owners
16
ADV minimum commitment
$200K

Reported in Form ADV on Mar 20, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator ULTIMUS LEVERPOINT PRIVATE FUND SOLUTIONS CINCINNATI, Ohio, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor TOPEL FORMAN, L.L.C. CHICAGO, Illinois, United States
Custodian PERSHING ADVISOR SOLUTIONS LLC JERSEY CITY, New Jersey, United States Related to adviser: No
Prime broker PERSHING ADVISOR SOLUTIONS LLC JERSEY CITY, New Jersey, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

TOPEL FORMAN, L.L.C.
PCAOB 5181

PERSHING ADVISOR SOLUTIONS LLC
SEC 8-47425

PERSHING ADVISOR SOLUTIONS LLC
CRD 36671 · SEC 8-47425

Filing source

Form ADV 2070459 · Mar 20, 2026 · Schedule D 7.B.(1), fund 805-1370308976

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 Advisory Research, Inc. Director
Gina Baeg Director
Matthew Swaim Director, Executive
Bruce Zessar Director, Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
180 North Stetson Ave. Suite 5500
Chicago, IL, 60601