Form D · Hedge Fund
JPAS - Semi Liquid Assets LLC - Emerging Markets Series
San Francisco, CA · CIK 0001807922
Offering snapshot reported Apr 14, 2026 · SEC filing
- Reported sold
- $804M Indefinite offering
- Investors reported
- 203 Form D · investor count
- Minimum accepted
- $10K Reported outside-investor minimum
- First sale
- Mar 31, 2020 As reported in this filing
Fundraising history
Reported soldDates 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$716,313,000 → $804,483,000
- Reported investors189 → 203
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Apr 14, 2026 | Amendment | $804,483,000 | $88,170,000vs Apr 14, 2025 | 203 | SEC filing |
| Apr 14, 2025 | Amendment | $716,313,000 | $93,440,000vs Apr 12, 2024 | 189 | SEC filing |
| Apr 12, 2024 | Amendment | $622,873,000 | $22,545,000vs Jan 17, 2024 | 176 | SEC filing |
| Jan 17, 2024 | Amendment | $600,328,000 | $41,515,000vs Jan 17, 2023 | 174 | SEC filing |
| Jan 17, 2023 | Amendment | $558,813,000 | $113,985,000vs Jan 14, 2022 | 163 | SEC filing |
| Jan 14, 2022 | Amendment | $444,828,000 | $88,527,000vs Jan 14, 2021 | 130 | SEC filing |
| Jan 14, 2021 | Amendment | $356,301,000 | $0vs Jan 14, 2021 | 88 | SEC filing |
| Jan 14, 2021 | Amendment | $356,301,000 | $210,101,000vs Apr 14, 2020 | 88 | SEC filing |
| Apr 14, 2020 | Initial | $146,200,000 | No comparison | 8 | SEC filing |
Offering details
- Securities
- Pooled investment fund
- Exemptions
- 06c, 3C, 3C.7
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $0
- Finders' fees
- $0
- Form D file number
- 021-364880
Source: Form D, filed Apr 14, 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
JPAS - SEMI LIQUID ASSETS LLC - EMERGING MARKETS SERIES
Investment adviser: JORDAN PARK GROUP LLC
- Gross asset value
- $956M
- Beneficial owners
- 172
- ADV minimum commitment
- $10K
Reported in Form ADV on Jul 8, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.
Service providers
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
PRICEWATERHOUSECOOPERS LLP
PCAOB 238
BNY MELLON, N.A.
LEI 4EP6JBYBTPTQ47LZOB67
Filing source
Form ADV 2118474 · Jul 8, 2026 · Schedule D 7.B.(1), fund 805-9857087680
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.
| Name | Reported role |
|---|---|
| Davie M. Baccei | Executive |
| Samantha R. Brown | Executive |
| Heather H. Brownlie | Executive |
| Jennifer K. Ciresi | Executive |
| Michel A. Del Buono | Executive |
| Patrick J. Dunne | Executive |
| Matthew J. Edmonds | Executive |
| Frank S. Ghali | Executive |
| . Jordan Park Group Llc | Promoter |
| .N/A Jordan Park Group Llc | Promoter |
| N/A Jordan Park Group Llc | Executive |
| Scott A. Kislin | Executive |
| David S. Lee | Executive |
| George H. Lusch | Executive |
| Giovanni Maso | Executive |
| Erika L. O'connor | Executive |
| Dana E. Schmidt | Executive |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:San Francisco, CA, 94111