Form D · Hedge Fund

Higher Moment Fund Ltd.

Grand Cayman, E9 · CIK 0001657883

Offering snapshot reported Sep 18, 2018 · SEC filing

Reported sold
$54.2M
Indefinite offering
Investors reported
24
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Nov 1, 2015
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$27.1M$54.2MJan 19, 2016: $8,300,000.00Jan 19, 2016Apr 7, 2016: $10,300,000.00Oct 16, 2017: $54,225,000.00Oct 16, 2017Sep 18, 2018: $54,225,000.00Sep 18, 2018

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.

No comparable changes in the displayed metrics.

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Sep 18, 2018Amendment$54,225,000$0vs Oct 16, 201724SEC filing
Oct 16, 2017Amendment$54,225,000$43,925,000vs Apr 7, 201624SEC filing
Apr 7, 2016Amendment$10,300,000$2,000,000vs Jan 19, 20168SEC filing
Jan 19, 2016Initial$8,300,000No comparison6SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$493K (estimated)
Finders' fees
$0
Form D file number
021-255395

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Alternative Asset Investment Management Securities, LLC135131
Candlewood Securities, LLC126042Alan D. Glatt · CRD 1587515

Source: Form D, filed Sep 18, 2018. 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

HIGHER MOMENT FUND LTD.

Investment adviser: HIGHER MOMENT CAPITAL LP

Gross asset value
$240K
Beneficial owners
19
ADV minimum commitment
$1M

Reported in Form ADV on May 17, 2019. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor RSM US LLP BOSTON, Massachusetts, United States
Custodian US BANK MINNEAPOLIS, Minnesota, United States Related to adviser: No
Marketer CANDLEWOOD SECURITIES, LLC CLEVELAND, Ohio, 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

RSM US LLP
PCAOB 49

CANDLEWOOD SECURITIES, LLC
CRD 126042 · SEC 8-65845

Filing source

Form ADV 1324029 · May 17, 2019 · Schedule D 7.B.(1), fund 805-4826559263

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
Sabrina Foster Director
Jalles Gonzallo Director
Alexander Goulden Director
Higher Moment Capital, Llc Promoter
N/A Higher Moment Capital Lp Promoter
Gonzallo Jalles Director
Mark Kuper Executive
Martin Laufer Director
Ravi Singh Executive
Sundar Subramaniam Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Maples Corporates Services Limited Ugland House, South Church Street
Grand Cayman, E9, KY1-1104