Form D · Other Investment Fund

BrownSavano Direct Capital Partners, L.P.

Baltimore, MD · CIK 0001503646

Offering snapshot reported Oct 19, 2011 · SEC filing

Reported sold: $32M
Investors reported: 68
Minimum accepted: $0
First sale: Oct 8, 2010

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$20,475,000 → $31,973,684
Reported investors51 → 68

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Oct 19, 2011	Amendment	$31,973,684	$11,498,684vs Oct 21, 2010	68	SEC filing
Oct 21, 2010	Initial	$20,475,000	No comparison	51	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06, 3C, 3C.1, 3C.7
Duration over one year: No
Business combination: No

Sales commissions: $97K (estimated)
Finders' fees: $0
Form D file number: 021-149396

The offering of interests in the Issuer is ongoing, therefore the sales commission to be paid to XT Capital Partners, LLC (XT) has not yet been determined; it will be based on a number of factors. XT has only contacted institutional investors.

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
XT Capital Partners, LLC	118719

Source: Form D, filed Oct 19, 2011. 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

BROWNSAVANO DIRECT CAPITAL PARTNERS, L.P.

Investment adviser: BROWN SAVANO JV, LLC

Gross asset value: $7.88M
Beneficial owners: 151
ADV minimum commitment: $250K

Reported in Form ADV on Jan 11, 2024. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator PETRA FUNDS GROUP, LLC NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO USA, LLP RALEIGH, North Carolina, United States

Custodian JP MORGAN CLEARING CORP BROOKLYN, New York, United States Related to adviser: No

Custodian MORGAN STANLEY SMITH BARNEY LLC WALNUT CREEK, California, United States Related to adviser: No

Custodian PACIFIC WESTERN BANK (FORMERLY SQUARE 1 FINANCIAL) DURHAM, North Carolina, United States Related to adviser: No

Custodian TMF FUND SERVICES NORTH AMERICA LLC CARY, North Carolina, United States Related to adviser: No

Prime broker MORGAN STANLEY WALNUT CREEK, California, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

BDO USA, LLP
PCAOB 243

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

MORGAN STANLEY
CRD 149777 · SEC 8-68191

Filing source

Form ADV 1812629 · Jan 11, 2024 · Schedule D 7.B.(1), fund 805-3665151678

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
General Partner Brown Savano Direct Gp, Llc	Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

901 S. Bond Street Suite 400
Baltimore, MD, 21231