Form D · Hedge Fund
Divisar Partners, L.P.
San Francisco, CA · CIK 0001453525
Offering snapshot reported Nov 4, 2026 · SEC filing
- Reported sold
- $57.4M Indefinite offering
- Investors reported
- 65 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- May 1, 2009 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$57,106,464 → $57,390,240
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Nov 4, 2026 | Amendment | $57,390,240 | $283,776vs Nov 4, 2025 | 65 | SEC filing |
| Nov 4, 2025 | Amendment | $57,106,464 | $261,875vs Nov 8, 2024 | 65 | SEC filing |
| Nov 8, 2024 | Amendment | $56,844,589 | $1,399,107vs Nov 13, 2023 | 65 | SEC filing |
| Nov 13, 2023 | Amendment | $55,445,482 | $658,514vs Nov 10, 2022 | 64 | SEC filing |
| Nov 10, 2022 | Amendment | $54,786,968 | $345,376vs Nov 12, 2021 | 64 | SEC filing |
| Nov 12, 2021 | Amendment | $54,441,592 | $2,678,107vs Nov 13, 2020 | 64 | SEC filing |
| Nov 13, 2020 | Amendment | $51,763,485 | $1,622,074vs Nov 15, 2019 | 64 | SEC filing |
| Nov 15, 2019 | Amendment | $50,141,411 | $642,259vs Nov 16, 2018 | 63 | SEC filing |
| Nov 16, 2018 | Amendment | $49,499,152 | $201,117vs Nov 13, 2017 | 61 | SEC filing |
| Nov 13, 2017 | Amendment | $49,298,035 | $30,480,661vs Oct 14, 2016 | 61 | SEC filing |
| Oct 14, 2016 | Amendment | $18,817,374 | -$20,582,626vs Sep 22, 2015 | 46 | SEC filing |
| Sep 22, 2015 | Amendment | $39,400,000 | $12,440,000vs Sep 26, 2014 | 53 | SEC filing |
| Sep 26, 2014 | Amendment | $26,960,000 | $870,000vs Oct 9, 2013 | 48 | SEC filing |
| Oct 9, 2013 | Amendment | $26,090,000 | $13,325,031vs Oct 12, 2012 | 43 | SEC filing |
| Oct 12, 2012 | Amendment | $12,764,969 | $8,927,069vs Oct 25, 2011 | 28 | SEC filing |
| Oct 25, 2011 | Amendment | $3,837,900 | $1,580,000vs Nov 4, 2010 | 14 | SEC filing |
| Nov 4, 2010 | Amendment | $2,257,900 | $1,420,000vs Jan 5, 2010 | 11 | SEC filing |
| Jan 5, 2010 | Initial | $837,900 | No comparison | 4 | SEC filing |
Offering details
- Securities
- Pooled investment fund
- Exemptions
- 06b, 3C, 3C.1
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $0 (estimated)
- Finders' fees
- $0 (estimated)
- Form D file number
- 021-137456
Source: Form D, filed Nov 4, 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
DIVISAR PARTNERS, LP
Investment adviser: DIVISAR CAPITAL MANAGEMENT, LLC
- Gross asset value
- $63.7M
- Beneficial owners
- 27
- ADV minimum commitment
- $500K
Reported in Form ADV on Sep 4, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.
Service providers
Provider details
- Annual audit
- Yes
- Prime brokers
- Yes
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
KPMG LLP
PCAOB 185
GOLDMAN SACHS & CO. LLC
SEC 8-129
JPMORGAN CHASE BANK, N.A.
LEI 7H6GLXDRUGQFU57RNE97
BTIG, LLC
CRD 122225 · SEC 8-65473
Filing source
Form ADV 2130938 · Sep 4, 2026 · Schedule D 7.B.(1), fund 805-5250117299
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.
| Name | Reported role |
|---|---|
| Steven Baughman | Executive |
| N/A Divisar Capital Management, Llc | Executive |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:San Francisco, CA, 94111