Form D · Hedge Fund

Carapace Buffered Dividend Income Fund Series - 1, a series of Carapace Funds, LLC

Bedminster, NJ · CIK 0001721339

Offering snapshot reported Oct 8, 2025 · SEC filing

Reported sold
$11.5M
Indefinite offering
Investors reported
57
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
May 22, 2018
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$5.76M$11.5MJun 8, 2018: $10,015,000.00Jun 8, 2018Jun 7, 2019: $10,015,000.00Jun 4, 2020: $10,079,958.00Jun 4, 2021: $10,329,958.00Oct 14, 2022: $10,265,000.00Oct 13, 2023: $11,415,000.00Oct 9, 2024: $11,515,000.00Oct 8, 2025: $11,515,000.00Oct 8, 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
Oct 8, 2025Amendment$11,515,000$0vs Oct 9, 202457SEC filing
Oct 9, 2024Amendment$11,515,000$100,000vs Oct 13, 202357SEC filing
Oct 13, 2023Amendment$11,415,000$1,150,000vs Oct 14, 202256SEC filing
Oct 14, 2022Amendment$10,265,000-$64,958vs Jun 4, 202147SEC filing
Jun 4, 2021Amendment$10,329,958$250,000vs Jun 4, 202041SEC filing
Jun 4, 2020Amendment$10,079,958$64,958vs Jun 7, 201940SEC filing
Jun 7, 2019Amendment$10,015,000$0vs Jun 8, 201839SEC filing
Jun 8, 2018Initial$10,015,000No comparison38SEC 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
021-314219
Limited Liability Company Interests

Source: Form D, filed Oct 8, 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

CARAPACE BUFFERED DIVIDEND INCOME FUND SERIES - 1 OF CARAPACE FUNDS, LLC

Investment adviser: CARAPACE FINANCIAL ADVISORS LLC

Gross asset value
$12.3M
Beneficial owners
36
ADV minimum commitment
$100K

Reported in Form ADV on Sep 14, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator ESSENTIAL FUND SERVICES, LLC TARRYTOWN, New York, United States Investor statements: No (provided to no investors) Related to adviser: No
Auditor CHERRY BEKAERT LLP RALEIGH, North Carolina, United States
Custodian INTERACTIVE BROKERS LLC GREENWICH, Connecticut, 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

CHERRY BEKAERT LLP
PCAOB 677

INTERACTIVE BROKERS LLC
SEC 8-47257

Filing source

Form ADV 2131243 · Sep 14, 2026 · Schedule D 7.B.(1), fund 805-2871551445

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 Carapace Financial Advisors Llc Executive
Carapace Financial Advisors Llc Executive
Oliver Luxxe Assets, Llc Promoter
Joseph Sharma Promoter
Frederick Ziwot Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
1 Pluckemin Way, Suite 303
Bedminster, NJ, 07921