Form D · Other Investment Fund

GEM IS Fund, LP

Charlotte, NC · CIK 0002020427

Offering snapshot reported Mar 7, 2025 · SEC filing

Reported sold
$237M
Indefinite offering
Investors reported
52
Form D · investor count
Minimum accepted
$250K
Reported outside-investor minimum
First sale
Apr 18, 2024
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$119M$237MApr 22, 2024: $34,000,000.00Apr 22, 2024Mar 7, 2025: $237,175,000.00Mar 7, 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$34,000,000 → $237,175,000
  • Reported investors5 → 52

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 7, 2025Amendment$237,175,000$203,175,000vs Apr 22, 202452SEC filing
Apr 22, 2024Initial$34,000,000No comparison5SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$3.12M (estimated)
Finders' fees
$0
Form D file number
021-511245
The total sales commissions includes amounts accrued but not yet paid.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Aqueduct Capital Group, LLC13145

Source: Form D, filed Mar 7, 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

GEM IS FUND, LP

Investment adviser: GLOBAL ENDOWMENT MANAGEMENT, LP

Gross asset value
$306M
Beneficial owners
87
ADV minimum commitment
$250K

Reported in Form ADV on Aug 28, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SEI CORPORATION OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG LLP BOSTON, Massachusetts, United States
Custodian CITIZENS BANK PROVIDENCE, Rhode Island, United States Related to adviser: No
Marketer HARRIS WILLIAMS PRIMARY FUND PLACEMENT LLC CHARLOTTE, North Carolina, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

ERNST & YOUNG LLP
PCAOB 42

HARRIS WILLIAMS PRIMARY FUND PLACEMENT LLC
CRD 131452 · SEC 8-66464

Filing source

Form ADV 2125298 · Aug 28, 2026 · Schedule D 7.B.(1), fund 805-3249805914

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
Richard S. Abraham Executive
N/A Gem Gp Is, Llc Promoter
N/A Global Endowment Management, L.P. Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
224 W. Tremont Avenue
Charlotte, NC, 28203