Form D · Other Investment Fund

Donerail Fund LP

Birmingham, AL · CIK 0001839402

Offering snapshot reported Feb 21, 2023 · SEC filing

Reported sold: $73M
Investors reported: 29
Minimum accepted: $0
First sale: Feb 2, 2021

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 investors30 → 29

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Feb 21, 2023	Amendment	$72,968,019	$0vs Feb 25, 2022	29	SEC filing
Feb 25, 2022	Amendment	$72,968,019	No comparison	30	SEC filing
Jan 27, 2021	Initial	Yet to sell	No comparison	0	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: 021-387549

HMC Investments, Inc. ("HMCI"), an affiliate of the Issuer, serves as the Issuer's placement agent. The Issuer's investment manager pays all fees of HMCI, none of which are based on sales volumes.

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
HMC Investments, Inc.	40581

Source: Form D, filed Feb 21, 2023. 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

THE DONERAIL FUND, LP

Investment adviser: HARBERT FUND ADVISORS, LLC

Gross asset value: $35.6M
Beneficial owners: 29
ADV minimum commitment: $5M

Reported in Form ADV on Mar 29, 2024. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator CITCO CAMANA BAY, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG NEW YORK, New York, United States

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

Custodian JEFFERIES LLC NEW YORK, New York, United States Related to adviser: No

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

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

Prime broker JEFFERIES LLC NEW YORK, New York, United States

Prime broker MORGAN STANLEY & CO. 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: No

ERNST & YOUNG
PCAOB 42

GOLDMAN SACHS & CO. LLC
SEC 8-129

JEFFERIES LLC
SEC 8-15074

MORGAN STANLEY & CO. LLC
SEC 8-15869

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

JEFFERIES LLC
CRD 2347 · SEC 8-15074

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Filing source

Form ADV 1823199 · Mar 29, 2024 · Schedule D 7.B.(1), fund 805-2421537520

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
John F Bryant	Executive
N/A Harbert Fund Advisors, Inc.	Executive
N/A The Donerail Group Lp	Executive
N/A The Harbert Donerail Fund Gp Llc	Executive
William Wyatt	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

2100 Third Avenue North Suite 600
Birmingham, AL, 35203