Form D · Hedge Fund

Newport Crater Lake, LLC

Newport Beach, CA · CIK 0001605225

Offering snapshot reported Oct 15, 2020 · SEC filing

Reported sold: $186M
Investors reported: 2
Minimum accepted: $50M
First sale: Dec 3, 2018

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$575,000,000 → $185,713,402

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Oct 15, 2020	Amendment	$185,713,402	-$389,286,598vs Dec 12, 2019	2	SEC filing
Dec 12, 2019	Amendment	$575,000,000	$425,000,000vs Dec 13, 2018	2	SEC filing
Dec 13, 2018	Initial	$150,000,000	No comparison	1	SEC filing
Apr 14, 2014	Initial	$50,000,000	No comparison	1	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: 021-327779

Source: Form D, filed Oct 15, 2020. 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

NEWPORT CRATER LAKE, LLC

Investment adviser: PAAMCO PRISMA, LLC

Gross asset value: $7.33M
Beneficial owners: 1
ADV minimum commitment: $50M

Reported in Form ADV on Jun 10, 2022. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator THE BANK OF NEW YORK MELLON WILMINGTON, Delaware, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP COSTA MESA, California, United States

Custodian THE BANK OF NEW YORK MELLON 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

DELOITTE & TOUCHE LLP
PCAOB 34

THE BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

Filing source

Form ADV 1656423 · Jun 10, 2022 · Schedule D 7.B.(1), fund 805-2983452112

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
Name	Reported role
Ferreira Carlos	Executive
Huber Darren	Executive
N/A Paamco Prisma, Llc	Promoter
N/A Pacific Alternative Asset Management Company	Promoter
James P. Rankin	Executive
Kevin Williams	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

660 Newport Center Drive Suite 930
Newport Beach, CA, 92660