Form D · Hedge Fund

Bandera Value Fund LLC

Brooklyn, NY · CIK 0001382795

Offering snapshot reported May 30, 2025 · SEC filing

Reported sold
$180M
Indefinite offering
Investors reported
29
Form D · investor count
Minimum accepted
$250K
Reported outside-investor minimum
First sale
May 1, 2007
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$89.8M$180MJan 8, 2024: $179,608,268.00Jan 8, 2024Jan 8, 2025: $179,608,268.00Jan 8, 2025May 30, 2025: $179,608,268.00May 30, 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

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
May 30, 2025Amendment$179,608,268$0vs Jan 8, 202529SEC filing
Jan 8, 2025Amendment$179,608,268$0vs Jan 8, 202429SEC filing
Jan 8, 2024Initial$179,608,268No comparison29SEC filing
Jan 6, 2023Amendment$179,508,268$103,000,000vs Jan 7, 202229SEC filing
Jan 7, 2022Amendment$76,508,268$1,000,000vs Jan 7, 202126SEC filing
Jan 7, 2021Amendment$75,508,268$0vs Jan 7, 202026SEC filing
Jan 7, 2020Amendment$75,508,268$0vs Jan 7, 201926SEC filing
Jan 7, 2019Amendment$75,508,268$0vs Jan 5, 201826SEC filing
Jan 5, 2018Amendment$75,508,268$7,000,000vs Jan 6, 201526SEC filing
Jan 6, 2017Amendment$75,508,268$7,000,000vs Jan 6, 201526SEC filing
Jan 6, 2016Amendment$70,508,268$2,000,000vs Jan 6, 201525SEC filing
Jan 6, 2015Amendment$68,508,268$2,300,000vs Jan 6, 201425SEC filing
Jan 6, 2014Amendment$66,208,268$4,133,268vs Feb 11, 201321SEC filing
Feb 11, 2013Amendment$62,075,000$11,500,000vs Feb 10, 201220SEC filing
Feb 10, 2012Amendment$50,575,000$9,000,000vs Feb 11, 201119SEC filing
Feb 11, 2011Amendment$41,575,000$26,325,000vs Feb 11, 201017SEC filing
Feb 11, 2010Amendment$15,250,000No comparison8SEC filing
Oct 19, 2007PaperNot reportedNo comparisonNot reportedSEC filing
Nov 29, 2006PaperNot reportedNo comparisonNot reportedSEC filing
Nov 20, 2006PaperNot reportedNo 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
021-501791
Reported amounts do not include sales of Class S and U Interests, which were sold in a prior offering.

Source: Form D, filed May 30, 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

BANDER VALUE FUND LLC

Investment adviser: BANDERA PARTNERS LLC

Gross asset value
$109M
Beneficial owners
33
ADV minimum commitment
$250K

Reported in Form ADV on Apr 29, 2014. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator MERIDIAN FUND SERVICES NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ROTHSTEIN KASS & COMPANY PC ROSELAND, New Jersey, United States
Custodian JPMORGAN CHASE BANK N.A. 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
Filing source

Form ADV 821155 · Apr 29, 2014 · Schedule D 7.B.(1), fund 805-2371135670

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
Natalie Banas Executive
Bandera Partners Llc Promoter
Gregory Bylinsky Director, Executive
Jefferson Gramm Director, Executive
Bandera Partners Llc N/A Promoter
Andrew Shpiz Director, Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
138 Atlantic Avenue
Brooklyn, NY, 11201