Form D · Hedge Fund

Hill City Fund I LLC

Boston, MA · CIK 0001856306

Offering snapshot reported Apr 12, 2023 · SEC filing

Reported sold: $209M
Investors reported: 27
Minimum accepted: $0
First sale: Apr 12, 2021

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$130,000,000 → $209,426,355
Reported investors11 → 27

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Apr 12, 2023	Amendment	$209,426,355	$79,426,355vs Apr 13, 2022	27	SEC filing
Apr 13, 2022	Amendment	$130,000,000	$0vs Apr 14, 2021	11	SEC filing
Apr 14, 2021	Initial	$130,000,000	No comparison	11	SEC filing

Offering details

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

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-395812

Source: Form D, filed Apr 12, 2023. 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

HILL CITY FUND I LLC

Investment adviser: HILL CITY CAPITAL LP

Gross asset value: $363M
Beneficial owners: 26
ADV minimum commitment: $5M

Reported in Form ADV on Apr 8, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator MORGAN STANLEY FUND SERVICES PURCHASE, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP BOSTON, Massachusetts, United States

Custodian BOFA SECURITIES, INC. NEW YORK, New York, United States Related to adviser: No

Prime broker BOFA SECURITIES, INC. 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

KPMG LLP
PCAOB 185

BOFA SECURITIES, INC.
SEC 8-69787

BOFA SECURITIES, INC.
CRD 283942 · SEC 8-69787

Filing source

Form ADV 2092789 · Apr 8, 2026 · Schedule D 7.B.(1), fund 805-9181194715

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
Herbert Frazier	Executive
N/A Hill City Capital Lp	Executive
N/A Hill City Fund I Gp Llc	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

121 High Street Third Floor
Boston, MA, 02110