Form D · Hedge Fund

Caspian Inefficient Markets Fund, L.P.

New York, NY · CIK 0001669390

Offering snapshot reported Mar 9, 2017 · SEC filing

Reported sold: $38.6M
Investors reported: 9
Minimum accepted: $0
First sale: Jan 22, 2016

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$9,530,000 → $38,555,000
Reported investors8 → 9

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Mar 9, 2017	Amendment	$38,555,000	$29,025,000vs Mar 14, 2016	9	SEC filing
Mar 14, 2016	Initial	$9,530,000	No comparison	8	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: 021-259208

Source: Form D, filed Mar 9, 2017. 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

CASPIAN INEFFICIENT MARKETS FUND, L.P.

Investment adviser: CASPIAN CAPITAL, LP

Gross asset value: $17.7M
Beneficial owners: 18
ADV minimum commitment: $10M

Reported in Form ADV on Feb 7, 2019. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator MUFG FUND SERVICES (CAYMAN) LIMITED GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG NEW YORK, New York, United States

Custodian BNP PARIBAS PRIME BROKERAGE, INC. NEW YORK, New York, United States Related to adviser: No

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian WELLS FARGO PRIME SERVICES, LLC SAN FRANCISCO, California, United States Related to adviser: No

Prime broker BNP PARIBAS PRIME BROKERAGE, INC. NEW YORK, New York, United States

Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States

Prime broker WELLS FARGO PRIME SERVICES, LLC SAN FRANCISCO, California, United States

Provider details

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

KPMG
PCAOB 185

BNP PARIBAS PRIME BROKERAGE, INC.
SEC 8-40490

GOLDMAN SACHS & CO. LLC
SEC 8-129

WELLS FARGO PRIME SERVICES, LLC
SEC 8-66677

BNP PARIBAS PRIME BROKERAGE, INC.
CRD 24962 · SEC 8-40490

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

WELLS FARGO PRIME SERVICES, LLC
CRD 133068 · SEC 8-66677

Filing source

Form ADV 1254241 · Feb 7, 2019 · Schedule D 7.B.(1), fund 805-3964120360

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
Caspian Inefficient Markets Fund, L.P. (this fund)	Mar 9, 2017	$38,555,000	9
Caspian Inefficient Markets Fund II, L.P.	Jun 21, 2021	$277,825,000	38
Caspian Inefficient Markets Fund III, L.P.	Jan 19, 2021	$136,425,000	18
Caspian Inefficient Markets Fund IV, L.P.	Feb 2, 2026	$494,500,000	Not reported

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 Caspian Capital Lp	Promoter
Adam S. Cohen	Director
David Corleto	Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

767 Fifth Avenue 45 Th Floor
New York, NY, 10153