Form D · Hedge Fund

Financial Stocks Limited Partnership

Cincinnati, OH · CIK 0001338955

Offering snapshot reported Feb 1, 2019 · SEC filing

Reported sold: $123M
Investors reported: 203
Minimum accepted: $250K
First sale: Jul 31, 1995

Fundraising history

Reported sold

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$122,599,458 → $122,799,458

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Feb 1, 2019	Amendment	$122,799,458	$200,000vs Feb 2, 2018	203	SEC filing
Feb 2, 2018	Amendment	$122,599,458	$0vs Feb 3, 2017	203	SEC filing
Feb 3, 2017	Amendment	$122,599,458	$100,000vs Feb 5, 2016	203	SEC filing
Feb 5, 2016	Amendment	$122,499,458	$4,429,312vs Feb 5, 2015	212	SEC filing
Feb 5, 2015	Amendment	$118,070,146	$3,650,000vs Feb 5, 2014	200	SEC filing
Feb 5, 2014	Amendment	$114,420,146	$9,050,000vs Feb 6, 2013	199	SEC filing
Feb 6, 2013	Amendment	$105,370,146	$7,500,000vs Feb 23, 2012	190	SEC filing
Feb 23, 2012	Amendment	$97,870,146	$13,750,000vs Feb 23, 2011	183	SEC filing
Feb 23, 2011	Amendment	$84,120,146	$3,775,000vs Mar 4, 2010	171	SEC filing
Mar 4, 2010	Amendment	$80,345,146	$4,800,000vs Mar 13, 2009	164	SEC filing
Mar 13, 2009	Amendment	$75,545,146	No comparison	Not reported	SEC filing
Apr 3, 2006	Paper	Not reported	No comparison	Not reported
Sep 14, 2005	Paper	Not reported	No comparison	Not reported	SEC filing

Offering details

Securities: Equity, Pooled investment fund
Exemptions: 06b, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $0 (estimated)
Finders' fees: $0 (estimated)
Form D file number: 021-81268

The General Partner pays a percentage of administrative fees and in certain cases may pay a percentage of performance fees to a placement agent with respect to interests placed by the placement agent.

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
STIFEL, NICOLAUS & COMPANY, INCORPORATED	793
BARBARA L. JUSTIZ	1248873	Flying Cloud Securities LLC · CRD 167621

Source: Form D, filed Feb 1, 2019. 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

FINANCIAL STOCKS LIMITED PARTNERSHIP

Investment adviser: FSI GROUP, LLC

Gross asset value: $80.2M
Beneficial owners: 53
ADV minimum commitment: $250K

Reported in Form ADV on Feb 21, 2020. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator APEX FUND SERVICES SANTA ANA, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor CLARK SCHAEFER HACKETT CINCINNATI, Ohio, United States

Custodian WELLS FARGO PRIME SERVICES, LLC SAN FRANCISCO, California, United States Related to adviser: No

Marketer FLYING CLOUD SECURITIES LLC SAN FRANCISCO, California, United States Related to adviser: No

Marketer STIFEL, NICOLAUS & COMPANY, INCORPORATED CINCINNATI, Ohio, United States Related to adviser: Yes

Prime broker WELLS FARGO PRIME SERVICES, 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

CLARK SCHAEFER HACKETT
PCAOB 539

WELLS FARGO PRIME SERVICES, LLC
SEC 8-66677

FLYING CLOUD SECURITIES LLC
CRD 167621 · SEC 8-69270

STIFEL, NICOLAUS & COMPANY, INCORPORATED
CRD 793 · SEC 801-10746

WELLS FARGO PRIME SERVICES, LLC
CRD 133068 · SEC 8-66677

Filing source

Form ADV 1383055 · Feb 21, 2020 · Schedule D 7.B.(1), fund 805-3599590731

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
Name	Reported role
Fsi Group, Llc	Executive
N/A Fsi Group, Llc	Executive
Steven Stein	Executive
John Stein	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

C/O Fsi Group, Llc 441 Vine Street, Suite 1300
Cincinnati, OH, 45202