Form D · Hedge Fund

SPF Securitized Products Master Fund Ltd.

George Town, Grand Cayman, E9 · CIK 0001537954

Offering snapshot reported Feb 24, 2026 · SEC filing

Reported sold: $2.57B
Investors reported: 2
Minimum accepted: $100K
First sale: Dec 27, 2011

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$2,560,345,268 → $2,573,171,268

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Feb 24, 2026	Amendment	$2,573,171,268	$12,826,000vs Feb 24, 2025	2	SEC filing
Feb 24, 2025	Amendment	$2,560,345,268	$74,190,000vs Feb 23, 2024	2	SEC filing
Feb 23, 2024	Amendment	$2,486,155,268	$68,935,750vs Feb 24, 2023	2	SEC filing
Feb 24, 2023	Amendment	$2,417,219,518	$12,347,500vs Feb 25, 2022	2	SEC filing
Feb 25, 2022	Amendment	$2,404,872,018	$61,701,100vs Feb 25, 2021	2	SEC filing
Feb 25, 2021	Amendment	$2,343,170,918	$129,529,460vs Feb 25, 2020	2	SEC filing
Feb 25, 2020	Amendment	$2,213,641,458	$463,866,250vs Feb 27, 2019	2	SEC filing
Feb 27, 2019	Amendment	$1,749,775,208	$37,425,000vs Aug 10, 2018	2	SEC filing
Aug 10, 2018	Amendment	$1,712,350,208	$0vs Aug 10, 2018	2	SEC filing
Aug 10, 2018	Amendment	$1,712,350,208	$115,730,223vs Aug 10, 2017	2	SEC filing
Aug 10, 2017	Amendment	$1,596,619,985	$44,750,000vs Jun 9, 2017	2	SEC filing
Jun 9, 2017	Amendment	$1,551,869,985	-$1,217,990,779vs Jun 10, 2016	2	SEC filing
Jun 10, 2016	Amendment	$2,769,860,764	$203,017,114vs Jun 12, 2015	2	SEC filing
Jun 12, 2015	Amendment	$2,566,843,650	$471,969,167vs Jun 13, 2014	2	SEC filing
Jun 13, 2014	Amendment	$2,094,874,483	$287,916,460vs Jun 14, 2013	2	SEC filing
Jun 14, 2013	Amendment	$1,806,958,023	$1,231,484,023vs Jun 15, 2012	2	SEC filing
Jun 15, 2012	Amendment	$575,474,000	$28,449,000vs May 16, 2012	2	SEC filing
May 16, 2012	Amendment	$547,025,000	$47,025,000vs Jan 5, 2012	1	SEC filing
Jan 5, 2012	Initial	$500,000,000	No comparison	1	SEC filing

Offering details

Securities: Equity, 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: 021-171269

The reported total amount sold and number of investors represent contributions invested in the Issuer's feeder funds. The Issuer acts as a master fund for SPF Securitized Products Fund L.P. and SPF Securitized Products Intermediate Fund Ltd.

Source: Form D, filed Feb 24, 2026. 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

SPF SECURITIZED PRODUCTS MASTER FUND LTD.

Investment adviser: SPF INVESTMENT MANAGEMENT, L.P.

Gross asset value: $3.57B
Beneficial owners: 385
ADV minimum commitment: $250K

Reported in Form ADV on Jul 1, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C FUND SERVICES (CAYMAN) LTD. CAMANA BAY, GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Fund administrator SS&C FUND SERVICES (CAYMAN) LTD. C/O SS&C FUND ADMINISTRATION COMPANY (CANADA) MISSISSAUGA, ONTARIO, Canada Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP GEORGE TOWN, GRAND CAYMAN, Cayman Islands

Custodian BNP PARIBAS NEW YORK BRANCH NEW YORK, New York, United States Related to adviser: No

Custodian CITIBANK, N.A. NEW YORK, New York, United States Related to adviser: No

Custodian COMPUTERSHARE CORPORATE TRUST COLUMBIA, Maryland, United States Related to adviser: No

Custodian CSC DELAWARE TRUST COMPANY WILMINGTON, Delaware, United States Related to adviser: No

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

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Custodian U.S. BANK EUROPE DAC DUBLIN, Ireland Related to adviser: No

Custodian WELLS FARGO BANK, N.A. CHARLOTTE, North Carolina, United States Related to adviser: No

Custodian WILMINGTON SAVINGS FUND SOCIETY, FSB WILMINGTON, Delaware, United States Related to adviser: No

Marketer FIRST AVENUE NEW YORK, New York, United States Related to adviser: No

Marketer FIRST AVENUE PARTNERS LLP LONDON, United Kingdom Related to adviser: No

Marketer ICAPITAL MARKETS LLC NEW YORK, New York, United States Related to adviser: No

Marketer J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Marketer MORGAN STANLEY NEW YORK, New York, United States Related to adviser: No

Marketer NATIXIS PARIS, France Related to adviser: No

Marketer UBS AG ZURICH, Switzerland Related to adviser: No

Marketer WELLS FARGO ADVISORS ST. LOUIS, Missouri, United States Related to adviser: No

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

Prime broker J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

KPMG LLP
PCAOB 1323

BNP PARIBAS NEW YORK BRANCH
LEI R0MUWSFPU8MPRO8K5P83

GOLDMAN SACHS & CO. LLC
SEC 8-129

J.P. MORGAN SECURITIES LLC
SEC 8-35008

U.S. BANK EUROPE DAC
LEI 5493008GNQHVI377MY19

WELLS FARGO BANK, N.A.
LEI KB1H1DSPRFMYMCUFXT09

WILMINGTON SAVINGS FUND SOCIETY, FSB
LEI 5493005DKMV1IHIM8E20

FIRST AVENUE
CRD 145860 · SEC 8-67758

ICAPITAL MARKETS LLC
CRD 118219 · SEC 8-53640

J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 801-3702

MORGAN STANLEY
CRD 149777 · SEC 801-70103

WELLS FARGO ADVISORS
CRD 11025 · SEC 801-57434

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

J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 8-35008

Filing source

Form ADV 2116661 · Jul 1, 2026 · Schedule D 7.B.(1), fund 805-3309078242

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
George Bashforth	Director
Credit Suisse Asset Management, Llc	Executive
Brian E. Eden	Director
Sam Ellis	Director
William Shaw	Director
Spf Investment Management, L.P.	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

C/O Maples Corporate Services Limited Ugland House, So. Church St., Po Box 309
George Town, Grand Cayman, E9, KY1-1104