Form D · Private Equity Fund

Canal Diversifying Strategies Fund I, LP

West Conshohocken, PA · CIK 0001847247

Offering snapshot reported Mar 19, 2024 · SEC filing

Reported sold: $18.5M
Investors reported: 68
Minimum accepted: $100K
First sale: Jun 29, 2021

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$12,775,000 → $18,520,000
Reported investors46 → 68

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Mar 19, 2024	Amendment	$18,520,000	$5,745,000vs Mar 24, 2022	68	SEC filing
Mar 30, 2023	Amendment	$16,890,000	$4,115,000vs Mar 24, 2022	60	SEC filing
Mar 24, 2022	Amendment	$12,775,000	No comparison	46	SEC filing
Mar 12, 2021	Initial	Yet to sell	No comparison	0	SEC 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: 021-392092

Limited Partnership Interests

Source: Form D, filed Mar 19, 2024. 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

CANAL DIVERSIFYING STRATEGIES FUND I, LP

Investment adviser: PPB ADVISORS, LLC

Gross asset value: $18.5M
Beneficial owners: 65
ADV minimum commitment: $100K

Reported in Form ADV on Mar 23, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NAV CONSULTING OAK BROOK, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KEITER CPAS GLEN ALLEN, Virginia, United States

Custodian TD BANK KING OF PRUSSIA, Pennsylvania, 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

KEITER CPAS
PCAOB 80

Filing source

Form ADV 2054472 · Mar 23, 2026 · Schedule D 7.B.(1), fund 805-8362431328

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
N/A N/A Canal Capital Management, Llc	Executive
Noah Greenbaum	Executive
Brendan Lake	Executive
N/A N/A Ppb Cdsfi Mgt., Llc	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

300 Barr Harbor Drive Suite 260
West Conshohocken, PA, 19428