Form D · Hedge Fund

Fortress Credit Asset-Based Income Fund

New York, NY · CIK 0001712519

Offering snapshot reported Jul 30, 2021 · SEC filing

Reported sold: $1.83B
Investors reported: Not reported
Minimum accepted: Not reported
First sale: Not reported

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jul 30, 2021	Amendment	$1,829,752,331	No comparison	Not reported	SEC filing
Jul 31, 2020	Amendment	$1,787,652,331	$723,659,432vs Jul 31, 2019	87	SEC filing
Jul 31, 2019	Amendment	$1,063,992,899	$606,247,107vs Jul 31, 2018	56	SEC filing
Jul 31, 2018	Amendment	$457,745,792	No comparison	39	SEC filing
Jul 31, 2017	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Not reported
Exemptions: Not reported
Duration over one year: Not reported
Business combination: Not reported

Sales commissions: Not reported
Finders' fees: Not reported
Form D file number: 021-291824

Source: Form D, filed Jul 30, 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

FORTRESS CREDIT ASSET-BASED INCOME FUND

Investment adviser: FIG LLC

Gross asset value: $546M
Beneficial owners: 42
ADV minimum commitment: $5M

Reported in Form ADV on Mar 8, 2023. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SEI GLOBAL SERVICES, INC. OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP NEW YORK, New York, United States

Custodian BANK OF AMERICA, NATIONAL ASSOCIATION CHICAGO, Illinois, United States Related to adviser: No

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Custodian U.S. BANK NATIONAL ASSOCIATION CHICAGO, Illinois, United States Related to adviser: No

Prime broker GOLDMAN SACHS & 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: No

ERNST & YOUNG LLP
PCAOB 42

BANK OF AMERICA, NATIONAL ASSOCIATION
LEI B4TYDEB6GKMZO031MB27

GOLDMAN SACHS & CO. LLC
SEC 8-129

THE BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

U.S. BANK NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

Filing source

Form ADV 1727285 · Mar 8, 2023 · Schedule D 7.B.(1), fund 805-6131286163

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
John Banks	Director
Fortress Credit Abi Advisors Llc	Promoter
Geoffrey A. Hunt	Director
David Clive Litton	Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

1345 Avenue Of The Americas 46 Th Floor
New York, NY, 10105