Form D · Hedge Fund

GrayFin Fund, L.P.

New York, NY · CIK 0001817456

Offering snapshot reported Dec 23, 2022 · SEC filing

Reported sold
$110M
Indefinite offering
Investors reported
34
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Jul 1, 2020
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$55M$110MJul 10, 2020: $21,750,000.00Jul 10, 2020Nov 12, 2021: $89,900,000.00Nov 12, 2021Dec 23, 2022: $109,900,000.00Dec 23, 2022

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$89,900,000 → $109,900,000

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Dec 23, 2022Amendment$109,900,000$20,000,000vs Nov 12, 202134SEC filing
Nov 12, 2021Amendment$89,900,000$68,150,000vs Jul 10, 202034SEC filing
Jul 10, 2020Initial$21,750,000No comparison8SEC filing

Offering details

Securities
Pooled investment fund, Other
Exemptions
06b, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-370722
The total amount sold and the number of investors do not take withdrawals into consideration.
Limited partnership interests. The General Partner may, in its sole discretion, waive the minimum initial investment of $5,000,000 and the minimum additional subscription of $1,000,000.

Source: Form D, filed Dec 23, 2022. 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

GRAYFIN FUND, L.P.

Investment adviser: P & S CREDIT MANAGEMENT, L.P.

Gross asset value
$79.4M
Beneficial owners
28
ADV minimum commitment
$5M

Reported in Form ADV on Mar 27, 2024. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator CITCO FUND SERVICES (CAYMAN ISLAND) LIMITED GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor DELOITTE & TOUCHE LLP NEW YORK, New York, United States
Custodian CITCO BANKING CORPORATION N.V. WILLEMSTAD, Curacao Related to adviser: No
Marketer BTIG, LLC NEW YORK, New York, 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

DELOITTE & TOUCHE LLP
PCAOB 34

BTIG, LLC
CRD 122225 · SEC 8-65473

Filing source

Form ADV 1839914 · Mar 27, 2024 · Schedule D 7.B.(1), fund 805-7539924504

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
Eric Felder Executive, Promoter
Sam Konz Executive
Alex Koundourakis Executive, Promoter
James Palmisciano Executive, Promoter
N/A P&S Credit Management, L.P. Promoter
N/A P&S Credit Partners, Llc Executive, Promoter
Michael Robertson Executive, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
757 Third Avenue, 7th Floor
New York, NY, 10017