Form D · Hedge Fund
CFM Institutional Systematic Trends Fund LLC
New York, NY · CIK 0001761699
Offering snapshot reported Dec 9, 2025 · SEC filing
- Reported sold
- $430M Indefinite offering
- Investors reported
- 20 Form D · investor count
- Minimum accepted
- $1M Reported outside-investor minimum
- First sale
- Nov 30, 2018 As reported in this filing
Fundraising history
Reported soldDates 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$271,149,800 → $430,424,985
- Reported investors15 → 20
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Dec 9, 2025 | Amendment | $430,424,985 | $159,275,185vs Dec 9, 2024 | 20 | SEC filing |
| Dec 9, 2024 | Amendment | $271,149,800 | $45,038,000vs Dec 8, 2023 | 15 | SEC filing |
| Dec 8, 2023 | Amendment | $226,111,800 | $1,111,800vs Dec 12, 2022 | 5 | SEC filing |
| Dec 12, 2022 | Amendment | $225,000,000 | $0vs Dec 9, 2021 | 1 | SEC filing |
| Dec 9, 2021 | Amendment | $225,000,000 | $0vs Dec 1, 2020 | 1 | SEC filing |
| Dec 1, 2020 | Amendment | $225,000,000 | $0vs Dec 9, 2019 | 1 | SEC filing |
| Dec 9, 2019 | Amendment | $225,000,000 | $175,000,000vs Dec 13, 2018 | 1 | SEC filing |
| Dec 13, 2018 | Initial | $50,000,000 | No comparison | 1 | SEC filing |
Offering details
- Securities
- Pooled investment fund
- Exemptions
- 06b
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $0
- Finders' fees
- $0
- Form D file number
- 021-327809
Minimum investment reflected in Item 11 is subject to waiver, reduction or change in the discretion of the Issuer's directors.
Source: Form D, filed Dec 9, 2025. Minimum accepted may differ from a standard advertised minimum.
Fund connections
No confirmed ADV fund connection is available for this issuer.
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.
| Name | Reported role |
|---|---|
| Lionel Berruti | Director |
| N/A Cfm North America Inc. | Promoter |
| Philippe Jordan | Director |
| Humphry Leue | Director |
| Alan Marshall | Director |
| Jacques Sauliere | Director |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:
C/O Cfm North America Inc. 405 Lexington Avenue, 55th Floor
New York, NY, 10174
New York, NY, 10174