Form D · Hedge Fund

Drift Credit Opportunities Fund, LP

Charleston, SC · CIK 0001667950

Offering snapshot reported Jan 23, 2020 · SEC filing

Reported sold
$16.7M
Indefinite offering
Investors reported
57
Form D · investor count
Minimum accepted
$50K
Reported outside-investor minimum
First sale
Mar 1, 2016
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$8.36M$16.7MMar 10, 2016: $1,010,000.00Mar 10, 2016Mar 8, 2017: $2,555,503.00Mar 8, 2017Feb 26, 2018: $4,961,063.00Feb 26, 2018Aug 1, 2019: $16,664,565.00Jan 23, 2020: $16,729,541.00Jan 23, 2020

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$16,664,565 → $16,729,541
  • Reported investors46 → 57

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jan 23, 2020Amendment$16,729,541$64,976vs Aug 1, 201957SEC filing
Aug 1, 2019Amendment$16,664,565$11,703,502vs Feb 26, 201846SEC filing
Feb 26, 2018Amendment$4,961,063$2,405,560vs Mar 8, 201730SEC filing
Mar 8, 2017Amendment$2,555,503$1,545,503vs Mar 10, 201616SEC filing
Mar 10, 2016Initial$1,010,000No comparison3SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-259029

Source: Form D, filed Jan 23, 2020. 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

DRIFT CREDIT OPPORTUNITIES FUND, LP

Investment adviser: CHARLESTON CAPITAL MANAGEMENT, LLC

Gross asset value
$9.66M
Beneficial owners
40
ADV minimum commitment
$50K

Reported in Form ADV on Jun 1, 2021. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator HORSESHOE FUND SERVICES CHARLOTTE, North Carolina, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor O'CONNOR DAVIES NEW YORK, New York, United States
Custodian CIBC BANK USA CHICAGO, Illinois, United States Related to adviser: No
Marketer RACE ROCK CAPITAL LLC BOSTON, Massachusetts, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

O'CONNOR DAVIES
PCAOB 127

RACE ROCK CAPITAL LLC
CRD 153363 · SEC 8-68528

Filing source

Form ADV 1544710 · Jun 1, 2021 · Schedule D 7.B.(1), fund 805-3416860306

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
Solomon Berkoff Executive
Gp, Llc Drift Capital Executive
Partners, Llc Drift Capital Partners, Llc Promoter
Caleb Joshua Goding Executive
Drift Capital Gp, Llc Executive
Charleston Capital Management, Llc Promoter
Mc Lean Andrew George Wilson Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
5895 Core Road Suite 407
Charleston, SC, 29406