Form D · Other

BANKERS ADVISORY FUND LLC

El Segundo, CA · CIK 0001139672

Offering snapshot reported Apr 26, 2012 · SEC filing

Reported sold
$34.6M
Indefinite offering
Investors reported
52
Form D · investor count
Minimum accepted
$250K
Reported outside-investor minimum
First sale
Mar 1, 2001
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$17.3M$34.6MApr 30, 2010: $34,000,000.00Apr 30, 2010Apr 29, 2011: $34,550,000.00Apr 29, 2011Apr 26, 2012: $34,550,000.00Apr 26, 2012

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
Apr 26, 2012Amendment$34,550,000$0vs Apr 29, 201152SEC filing
Apr 29, 2011Amendment$34,550,000$550,000vs Apr 30, 201052SEC filing
Apr 30, 2010Initial$34,000,000No comparison50SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06
Duration over one year
Yes
Business combination
No
Sales commissions
$0 (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-141368
This balance is not netted with redemptions.
The Fund does not compensate any persons other than the Advisor's management fee. The Advisor may share fees with third parties.

Source: Form D, filed Apr 26, 2012. 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

BANKERS ADVISORY FUND, LLC

Investment adviser: KWK MANAGEMENT LLC

Gross asset value
$2.95M
Beneficial owners
8
ADV minimum commitment
$250K

Reported in Form ADV on Sep 25, 2012. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator PANOPTIC FUND ADMINISTRATION, LLC EL SEGUNDO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes
Auditor ROTHSTEIN KASS & CO. BEVERLY HILLS, California, United States
Custodian WEDBUSH SECURITIES INC. LOS ANGELES, California, United States Related to adviser: No
Prime broker WEDBUSH SECURITIES INC. LOS ANGELES, California, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

WEDBUSH SECURITIES INC.
SEC 8-12987

WEDBUSH SECURITIES INC.
CRD 877 · SEC 8-12987

Filing source

Form ADV 670807 · Sep 25, 2012 · Schedule D 7.B.(1), fund 805-6215292301

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
Kwk Management Llc Executive

Issuer details

Industry: Other (See others in industry)

Address:
2301 Rosecrans Ave Suite 4195
El Segundo, CA, 90245