Form D · Other Investment Fund

Efficient U. S. Funds, LLC - Gemstone-Enhanced Multi-Asset Series

Warrenville, IL · CIK 0002021467

Offering snapshot reported Apr 30, 2026 · SEC filing

Reported sold
$30.5M
Indefinite offering
Investors reported
2
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Jul 3, 2023
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$15.3M$30.5MMay 2, 2024: $30,500,000.00May 2, 2024Apr 30, 2026: $30,500,000.00Apr 30, 2026

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
Apr 30, 2026Amendment$30,500,000$0vs May 2, 20242SEC filing
May 2, 2024Initial$30,500,000No comparison2SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-512235

Source: Form D, filed Apr 30, 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

EFFICIENT U.S. FUNDS, LLC - GEMSTONE-ENHANCED MULTI-ASSET SERIES

Investment adviser: EFFICIENT CAPITAL MANAGEMENT LLC

Gross asset value
$291M
Beneficial owners
1
ADV minimum commitment
$1M

Reported in Form ADV on Mar 6, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NAV CONSULTING, INC OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor DELOITTE & TOUCHE LLP GRAND CAYMAN, Cayman Islands
Custodian MIDWEST INSTITUTIONAL TRUST SERVICES WAUWATOSA, Wisconsin, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

DELOITTE & TOUCHE LLP
PCAOB 1096

MIDWEST INSTITUTIONAL TRUST SERVICES
LEI 254900KA6RVLXXFIFX69

Filing source

Form ADV 2040307 · Mar 6, 2026 · Schedule D 7.B.(1), fund 805-2731582122

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
N/A Efficient Capital Management, Llc Executive
Ernest L. Jaffarian Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
4355 Weaver Parkway
Warrenville, IL, 60555