Form D · Private Equity Fund

Espalier DE25B, LLC

Orem, UT · CIK 0002103926

Offering snapshot reported Jan 8, 2026 · SEC filing

Reported sold
$18.7M
Offering amount: $18.7M
Investors reported
33
Form D · investor count
Minimum accepted
$50K
Reported outside-investor minimum
First sale
Dec 18, 2025
As reported in this filing

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jan 8, 2026Initial$18,665,500No comparison33SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b
Duration over one year
No
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-569357

Source: Form D, filed Jan 8, 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

ESPALIER DE25B, LLC

Investment adviser: GLYPTIS MANAGEMENT DE, LLC

Gross asset value
$18.7M
Beneficial owners
33
ADV minimum commitment
$50K

Reported in Form ADV on May 19, 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
Custodian INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States Related to adviser: No
Prime broker INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States
Provider details
Annual audit
No
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

INTERACTIVE BROKERS LLC
SEC 8-47257

INTERACTIVE BROKERS LLC
CRD 36418 · SEC 8-47257

Filing source

Form ADV 2096239 · May 19, 2026 · Schedule D 7.B.(1), fund 805-3670867862

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
Peter Arne Malinka Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
1444 E 820 N
Orem, UT, 84097