Form D · Hedge Fund

Divisar Partners QP, L.P.

San Francisco, CA · CIK 0001639243

Offering snapshot reported Nov 4, 2026 · SEC filing

Reported sold: $576M
Investors reported: 45
Minimum accepted: $0
First sale: Apr 1, 2015

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$571,931,247 → $575,723,975

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Nov 4, 2026	Amendment	$575,723,975	$3,792,728vs Nov 4, 2025	45	SEC filing
Nov 4, 2025	Amendment	$571,931,247	$4,526,519vs Nov 8, 2024	45	SEC filing
Nov 8, 2024	Amendment	$567,404,728	$24,469,271vs Nov 13, 2023	45	SEC filing
Nov 13, 2023	Amendment	$542,935,457	$49,378,641vs Nov 10, 2022	44	SEC filing
Nov 10, 2022	Amendment	$493,556,816	$74,442,659vs Nov 12, 2021	37	SEC filing
Nov 12, 2021	Amendment	$419,114,157	$40,477,611vs Nov 13, 2020	37	SEC filing
Nov 13, 2020	Amendment	$378,636,546	$69,283,602vs Nov 15, 2019	35	SEC filing
Nov 15, 2019	Amendment	$309,352,944	$18,628,080vs Nov 19, 2018	34	SEC filing
Nov 19, 2018	Amendment	$290,724,864	$1,798,052vs Nov 14, 2017	31	SEC filing
Nov 14, 2017	Amendment	$288,926,812	$245,519,031vs Oct 14, 2016	31	SEC filing
Oct 14, 2016	Amendment	$43,407,781	$13,080,943vs Apr 14, 2015	16	SEC filing
Apr 14, 2015	Initial	$30,326,838	No comparison	11	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: 021-237964

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 QP, LP

Investment adviser: DIVISAR CAPITAL MANAGEMENT, LLC

Gross asset value: $749M
Beneficial owners: 13
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

Fund administrator SS&C ALPS ALTERNATIVE INVESTMENT SERVICES LLC MIAMI, Florida, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP SAN FRANCISCO, California, United States

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

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

Prime broker BTIG, 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 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 805-1240392606

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
Steven Baughman	Executive
N/A Divisar Capital Management, Llc	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

100 Pine St Suite 2420
San Francisco, CA, 94111