Form D · Private Equity Fund

iCapital-Carlyle Property Investors Access Fund, L.P.

New York, NY · CIK 0001695587

Offering snapshot reported Apr 8, 2026 · SEC filing

Reported sold
$85.9M
Indefinite offering
Investors reported
260
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Jan 13, 2017
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$42.9M$85.9MJan 27, 2017: $6,666,000.00Jan 27, 2017Jan 8, 2018: $7,466,000.00Apr 4, 2018: $14,842,634.00Jan 7, 2019: $21,583,000.00Feb 28, 2020: $46,723,000.00Feb 23, 2021: $54,313,000.00Jan 25, 2022: $69,408,000.00Jul 12, 2023: $78,393,000.00Jul 12, 2024: $81,218,000.00Apr 8, 2026: $85,852,000.00Apr 8, 2026

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$81,218,000 → $85,852,000
  • Reported investors241 → 260

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Apr 8, 2026Amendment$85,852,000$4,634,000vs Jul 12, 2024260SEC filing
Jul 12, 2024Amendment$81,218,000$2,825,000vs Jul 12, 2023241SEC filing
Jul 12, 2023Amendment$78,393,000$8,985,000vs Jan 25, 2022229SEC filing
Jan 25, 2022Amendment$69,408,000$15,095,000vs Feb 23, 2021203SEC filing
Feb 23, 2021Amendment$54,313,000$7,590,000vs Feb 28, 2020163SEC filing
Feb 28, 2020Amendment$46,723,000$25,140,000vs Jan 7, 2019173SEC filing
Jan 7, 2019Amendment$21,583,000$6,740,366vs Apr 4, 2018104SEC filing
Apr 4, 2018Amendment$14,842,634$7,376,634vs Jan 8, 201868SEC filing
Jan 8, 2018Amendment$7,466,000$800,000vs Jan 27, 201730SEC filing
Jan 27, 2017Initial$6,666,000No comparison27SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-279435

Source: Form D, filed Apr 8, 2026. 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

ICAPITAL-CARLYLE PROPERTY INVESTORS ACCESS FUND, L.P.

Investment adviser: ICAPITAL ADVISORS, LLC

Gross asset value
$55.1M
Beneficial owners
140
ADV minimum commitment
$100K

Reported in Form ADV on Sep 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator GEN II FUND SERVICES, LLC NEW YORK, New York, United States Investor statements: No (provided to no investors) Related to adviser: No
Auditor KPMG LLP NEW YORK, New York, United States
Marketer ARVEST WEALTH MANAGEMENT ROGERS, Arkansas, United States Related to adviser: No
Marketer BDO WEALTH ADVISORS, LLC ST. LOUIS, Missouri, United States Related to adviser: No
Marketer BLACK DIAMOND FINANCIAL, LLC TOWSON, Maryland, United States Related to adviser: No
Marketer BLACK DIAMOND FINANCIAL, LLC TOWSON, Maryland, United States Related to adviser: No
Marketer CERITY PARTNERS LLC NEW YORK, New York, United States Related to adviser: No
Marketer FIDUCIARY TRUST INTERNATIONAL, LLC LINCOLN, Massachusetts, United States Related to adviser: No
Marketer HIGHTOWER ADVISORS, LLC CHICAGO, Illinois, United States Related to adviser: No
Marketer ICAPITAL MARKETS LLC NEW YORK, New York, United States Related to adviser: Yes
Marketer ICAPITAL MARKETS LLC NEW YORK, New York, United States Related to adviser: Yes
Marketer UNITED CAPITAL FINANCIAL ADVISORS NEWPORT BEACH, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
No
Administrator other than the adviser
Yes
External marketing
Yes

KPMG LLP
PCAOB 185

ARVEST WEALTH MANAGEMENT
CRD 42057 · SEC 801-63738

BDO WEALTH ADVISORS, LLC
CRD 222525 · SEC 801-108306

BLACK DIAMOND FINANCIAL, LLC
CRD 145108 · SEC 801-96172

BLACK DIAMOND FINANCIAL, LLC
CRD 145108 · SEC 801-96172

CERITY PARTNERS LLC
CRD 151559 · SEC 801-70719

FIDUCIARY TRUST INTERNATIONAL, LLC
CRD 124062 · SEC 801-62001

HIGHTOWER ADVISORS, LLC
CRD 145323 · SEC 801-69625

ICAPITAL MARKETS LLC
CRD 118219 · SEC 8-53640

ICAPITAL MARKETS LLC
CRD 118219 · SEC 8-53640

UNITED CAPITAL FINANCIAL ADVISORS
CRD 134600 · SEC 801-64376

Filing source

Form ADV 2135827 · Sep 30, 2026 · Schedule D 7.B.(1), fund 805-3286009442

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
Thomas Fortin Executive, Promoter
Thomas Iacono Executive, Promoter
General Partner I Capital Advisors, Llc Executive, Promoter
I Capital Advisors, Llc Promoter
Justin Lioi Executive, Promoter
Michael Stanton Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
C/O Compliance Department 60 East 42 Nd Street, 28 Th Floor
New York, NY, 10165