Form D · Hedge Fund

Drake Energy Fund, L.P.

Wayne, PA · CIK 0001667190

Offering snapshot reported Feb 15, 2019 · SEC filing

Reported sold
$1.4M
Indefinite offering
Investors reported
2
Form D · investor count
Minimum accepted
$250K
Reported outside-investor minimum
First sale
Feb 8, 2016
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$701K$1.4MFeb 18, 2016: $1,301,000.00Feb 18, 2016Feb 17, 2017: $1,401,000.00Feb 17, 2017Feb 16, 2018: $1,401,000.00Feb 16, 2018Feb 15, 2019: $1,401,000.00Feb 15, 2019

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.

No comparable changes in the displayed metrics.

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Feb 15, 2019Amendment$1,401,000$0vs Feb 16, 20182SEC filing
Feb 16, 2018Amendment$1,401,000$0vs Feb 17, 20172SEC filing
Feb 17, 2017Amendment$1,401,000$100,000vs Feb 18, 20162SEC filing
Feb 18, 2016Initial$1,301,000No comparison2SEC filing

Offering details

Securities
Pooled investment fund, Other
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-257706
Limited Partnership Interests

Source: Form D, filed Feb 15, 2019. 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

DRAKE ENERGY FUND L.P.

Investment adviser: SCHNEIDER CAPITAL MANAGEMENT CORP

Gross asset value
$1.04M
Beneficial owners
1
ADV minimum commitment
$250K

Reported in Form ADV on Mar 31, 2020. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor RSM US LLP STAMFORD, Connecticut, United States
Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No
Prime broker M. S. HOWELLS & CO. SCOTTSDALE, Arizona, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

RSM US LLP
PCAOB 49

PERSHING LLC
SEC 8-17574

M. S. HOWELLS & CO.
CRD 104100 · SEC 8-52558

Filing source

Form ADV 1407913 · Mar 31, 2020 · Schedule D 7.B.(1), fund 805-7550249468

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
NameReported role
Steven J. Fellin Executive
Arnold C. Schneider Iii Director, Executive
Arnold C. Scneider Iii Director, Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
460 E. Swedesford Road Suite 2000
Wayne, PA, 19087