Form D · Hedge Fund

Cygnus Opportunity Fund, LLC

Atlanta, GA · CIK 0001640339

Offering snapshot reported Apr 20, 2026 · SEC filing

Reported sold: $74M
Investors reported: 59
Minimum accepted: $0
First sale: Jul 1, 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$61,362,026 → $74,016,347

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Apr 20, 2026	Amendment	$74,016,347	$12,654,321vs May 15, 2025	59	SEC filing
May 15, 2025	Amendment	$61,362,026	$21,682,066vs May 24, 2024	59	SEC filing
May 24, 2024	Amendment	$39,679,960	$24,239,960vs Sep 17, 2020	51	SEC filing
Sep 17, 2020	Amendment	$15,440,000	$664,000vs Sep 13, 2018	11	SEC filing
Sep 13, 2018	Amendment	$14,776,000	$12,018,559vs Aug 23, 2016	9	SEC filing
Aug 4, 2017	Amendment	$14,439,063	$11,681,622vs Aug 23, 2016	9	SEC filing
Aug 23, 2016	Amendment	$2,757,441	No comparison	5	SEC filing
Aug 11, 2015	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $0 (estimated)
Finders' fees: $0 (estimated)
Form D file number: 021-245528

Source: Form D, filed Apr 20, 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

CYGNUS OPPORTUNITY FUND, LLC

Investment adviser: CYGNUS CAPITAL ADVISERS, LLC

Gross asset value: $106M
Beneficial owners: 54
ADV minimum commitment: $1M

Reported in Form ADV on Apr 3, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

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

Auditor ELLIOT DAVIS GREENVILLE, South Carolina, United States

Custodian FIDELITY BROKERAGE SERVICES LLC NEW YORK, New York, United States Related to adviser: No

Custodian INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States Related to adviser: No

Prime broker FIDELITY BROKERAGE SERVICES LLC NEW YORK, New York, United States

Prime broker INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States

Provider details

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

ELLIOT DAVIS
PCAOB 149

FIDELITY BROKERAGE SERVICES LLC
SEC 8-23292

INTERACTIVE BROKERS LLC
SEC 8-47257

FIDELITY BROKERAGE SERVICES LLC
CRD 7784 · SEC 8-23292

INTERACTIVE BROKERS LLC
CRD 36418 · SEC 8-47257

Filing source

Form ADV 2091417 · Apr 3, 2026 · Schedule D 7.B.(1), fund 805-3213267380

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 Cygnus Capital Advisers	Promoter
N/A Cygnus Capital Advisers, Llc	Promoter
N/A Cygnus Capital Advisors	Promoter
N/A Cygnus General Partners, Llc	Promoter
Christopher Swann	Executive, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

3060 Peachtree Road, Nw Suite 1080
Atlanta, GA, 30305