Form D · Hedge Fund

FF Hybrid, LP

Wilson, WY · CIK 0001692532

Offering snapshot reported Dec 19, 2025 · SEC filing

Reported sold
$540M
Indefinite offering
Investors reported
156
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Jul 25, 2016
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$270M$540MDec 20, 2016: $14,168,384.00Dec 20, 2016Dec 20, 2017: $39,473,134.00Dec 20, 2018: $51,184,895.00Feb 27, 2019: $51,920,299.00Feb 27, 2020: $57,705,299.00Jan 5, 2021: $79,868,895.00Jan 5, 2022: $100,068,895.00Jan 5, 2023: $195,874,274.00Jan 4, 2024: $401,008,049.00Dec 19, 2024: $522,158,133.00Dec 19, 2025: $539,955,287.00Dec 19, 2025

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$401,008,049 → $539,955,287
  • Reported investors141 → 156

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Dec 19, 2025Amendment$539,955,287$138,947,238vs Jan 4, 2024156SEC filing
Dec 19, 2024Amendment$522,158,133$121,150,084vs Jan 4, 2024152SEC filing
Jan 4, 2024Amendment$401,008,049$205,133,775vs Jan 5, 2023141SEC filing
Jan 5, 2023Amendment$195,874,274$95,805,379vs Jan 5, 2022104SEC filing
Jan 5, 2022Amendment$100,068,895$20,200,000vs Jan 5, 202176SEC filing
Jan 5, 2021Amendment$79,868,895$22,163,596vs Feb 27, 202072SEC filing
Feb 27, 2020Amendment$57,705,299$5,785,000vs Feb 27, 201959SEC filing
Feb 27, 2019Amendment$51,920,299$735,404vs Dec 20, 201859SEC filing
Dec 20, 2018Amendment$51,184,895$11,711,761vs Dec 20, 201759SEC filing
Dec 20, 2017Amendment$39,473,134$25,304,750vs Dec 20, 201652SEC filing
Dec 20, 2016Initial$14,168,384No comparison19SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$372K (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-276644
Recipients listed in Item 12 are paid an amount equal to a percentage of the management fee paid to the IM (or its affiliates) attributable to certain assets under management.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Castle Hill Capital Partners Inc.000044131-- · CRD 000044131

Source: Form D, filed Dec 19, 2025. 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

FF HYBRID LP

Investment adviser: FLAT FOOTED LLC

Gross asset value
$1.14B
Beneficial owners
113
ADV minimum commitment
$1M

Reported in Form ADV on Apr 22, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator STONE COAST FUND SERVICES LLC PORTLAND, Maine, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KPMG LLP NEW YORK, New York, United States
Custodian BOFA SECURITIES, INC. NEW YORK, New York, United States Related to adviser: No
Custodian CIBC BANK USA CHICAGO, Illinois, United States Related to adviser: No
Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No
Marketer CASTLE HILL CAPITAL PARTNERS, INC. NEW YORK, New York, United States Related to adviser: No
Prime broker BOFA SECURITIES, INC. NEW YORK, New York, United States
Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

KPMG LLP
PCAOB 185

BOFA SECURITIES, INC.
SEC 8-69787

CIBC BANK USA
LEI FDXQ75GPEQKRPWABYN63

MORGAN STANLEY & CO. LLC
SEC 8-15869

CASTLE HILL CAPITAL PARTNERS, INC.
CRD 44131 · SEC 8-50550

BOFA SECURITIES, INC.
CRD 283942 · SEC 8-69787

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Filing source

Form ADV 2095624 · Apr 22, 2026 · Schedule D 7.B.(1), fund 805-4661295843

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
Flat Footed I Gp Llc Executive, Promoter
Flat Footed Ii Gp Llc Executive
Flat Footed Llc Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Flat Footed Llc 3415 North Pines Way, Suite 205
Wilson, WY, 83014