Form D · Hedge Fund

Blackbeard Capital LP

Annapolis, MD · CIK 0001663188

Offering snapshot reported Dec 18, 2025 · SEC filing

Reported sold
$39.5M
Indefinite offering
Investors reported
2
Form D · investor count
Minimum accepted
$250K
Reported outside-investor minimum
First sale
Jan 1, 2016
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$19.7M$39.5MJan 13, 2016: $11,000,000.00Jan 13, 2016Jan 11, 2017: $11,000,000.00Jan 11, 2018: $10,100,000.00Jan 8, 2019: $7,425,000.00Jan 21, 2020: $9,034,328.00Dec 28, 2020: $9,034,328.00Dec 27, 2021: $36,500,000.00Dec 23, 2022: $39,450,000.00May 10, 2023: $39,450,000.00Dec 26, 2023: $39,450,000.00Dec 20, 2024: $39,450,000.00Dec 18, 2025: $39,450,000.00Dec 18, 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
Dec 18, 2025Amendment$39,450,000$0vs Dec 20, 20242SEC filing
Dec 20, 2024Amendment$39,450,000$0vs Dec 26, 20232SEC filing
Dec 26, 2023Amendment$39,450,000$0vs May 10, 20232SEC filing
May 10, 2023Amendment$39,450,000$0vs Dec 23, 20222SEC filing
Dec 23, 2022Amendment$39,450,000$2,950,000vs Dec 27, 20212SEC filing
Dec 27, 2021Amendment$36,500,000$27,465,672vs Dec 28, 20202SEC filing
Dec 28, 2020Amendment$9,034,328$0vs Jan 21, 20202SEC filing
Jan 21, 2020Amendment$9,034,328$1,609,328vs Jan 8, 20192SEC filing
Jan 8, 2019Amendment$7,425,000-$2,675,000vs Jan 11, 20182SEC filing
Jan 11, 2018Amendment$10,100,000-$900,000vs Jan 11, 20172SEC filing
Jan 11, 2017Amendment$11,000,000$0vs Jan 13, 20161SEC filing
Jan 13, 2016Initial$11,000,000No comparison1SEC filing

Offering details

Securities
Pooled investment fund, Other
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-255066
The amount being offered is undetermined or cannot be calculated at the present time. The total amount sold is an estimate of cumulative subscriptions (not accounting for redemptions) since inception.
Limited Partnership Interests. The minimum amount reflected in Item 11 may be waived at the discretion of the General Partner of the Issuer.

Source: Form D, filed Dec 18, 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

BLACKBEARD CAPITAL, LP

Investment adviser: BLACKBEARD CAPITAL MANAGEMENT, LLC

Gross asset value
$23.4M
Beneficial owners
0
ADV minimum commitment
$250K

Reported in Form ADV on Mar 6, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator BLOCKER GRUNDEL CPAS, LLC ANNAPOLIS, Maryland, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor SPICER JEFFRIES LLP GREENWOOD VILLAGE, Colorado, United States
Custodian CHARLES SCHWAB & CO., INC. WESTLAKE, Texas, United States Related to adviser: No
Prime broker CHARLES SCHWAB & CO., INC. WESTLAKE, Texas, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

SPICER JEFFRIES LLP
PCAOB 349

CHARLES SCHWAB & CO., INC.
SEC 8-16514

CHARLES SCHWAB & CO., INC.
CRD 5393 · SEC 8-16514

Filing source

Form ADV 2067191 · Mar 6, 2026 · Schedule D 7.B.(1), fund 805-6610286645

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 Blackbeard Capital Management Llc Executive
Jacob Sandvad Rasmussen Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
197 W Lake Drive
Annapolis, MD, 21403