Form D · Hedge Fund

Driven Fund

Salt Lake City, UT · CIK 0001786185

Offering snapshot reported Jan 6, 2021 · SEC filing

Reported sold
$128K
Indefinite offering
Investors reported
3
Form D · investor count
Minimum accepted
$25K
Reported outside-investor minimum
First sale
Dec 31, 2019
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$64K$128KJan 15, 2020: $5,000.00Jan 15, 2020Mar 30, 2020: $5,000.00Mar 30, 2020Jan 6, 2021: $128,000.00Jan 6, 2021

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$5,000 → $128,000
  • Reported investors1 → 3

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jan 6, 2021Amendment$128,000$123,000vs Mar 30, 20203SEC filing
Mar 30, 2020Amendment$5,000$0vs Jan 15, 20201SEC filing
Jan 15, 2020Initial$5,000No comparison1SEC filing
Oct 15, 2019AmendmentYet to sellNo comparison0SEC filing
Aug 22, 2019InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06c, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-358167
As per the private placement memorandum the general partner has the authority to accept an amount less than the minimum investment.

Source: Form D, filed Jan 6, 2021. 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 DRIVEN FUND LLC

Investment adviser: ROYAL INVESTMENT ADVISER INC

Gross asset value
$0
Beneficial owners
0
ADV minimum commitment
$25K

Reported in Form ADV on Nov 27, 2019. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator PORTFOLIOSHOP INC SYOSET, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor EIDE BAILLEY SALT LAKE CITY, Utah, United States
Custodian INTERACTIVE BROKERS LLC GREENVICH, Utah, United States Related to adviser: No
Prime broker INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

EIDE BAILLEY
PCAOB 286

INTERACTIVE BROKERS LLC
SEC 8-47257

INTERACTIVE BROKERS LLC
CRD 36418 · SEC 8-47257

Filing source

Form ADV 1359014 · Nov 27, 2019 · Schedule D 7.B.(1), fund 805-2609075457

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
Amiteshwar Singh Bhatia Director, Executive
Amiteshwar S B Hatia Director, Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
299 S Main St Suite 1315
Salt Lake City, UT, 84111