Form D · Hedge Fund

KAI Long Volatility Series of 4ALTS Platform, LLC

Chiacago, IL · CIK 0001877238

Offering snapshot reported Jan 2, 2026 · SEC filing

Reported sold: $11.9M
Investors reported: 92
Minimum accepted: $250K
First sale: Aug 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$25,576,824 → $11,879,415
Reported investors77 → 92

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jan 2, 2026	Amendment	$11,879,415	-$13,697,409vs Dec 26, 2024	92	SEC filing
Dec 26, 2024	Amendment	$25,576,824	$25,576,824vs Aug 31, 2023	77	SEC filing
Aug 31, 2023	Amendment	$0	No comparison	0	SEC filing
Aug 6, 2021	Initial	Yet to sell	No comparison	Not reported	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.1
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-409167

Source: Form D, filed Jan 2, 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

KAI LONG VOLATILITY SERIES

Investment adviser: ARB FUND MANAGEMENT LLC

Gross asset value: $8.01M
Beneficial owners: 25
ADV minimum commitment: $250K

Reported in Form ADV on Mar 26, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator FORMIDIUM FUND SERVICES DOWNERS GROVE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RICHEY MAY & CO. (CAYMAN) GRAND CAYMAN, Cayman Islands

Custodian BMO HARRIS BANK NA CHICAGO, Illinois, United States Related to adviser: No

Marketer 303 SECURITIES, LP CHICAGO, Illinois, United States Related to adviser: Yes

Prime broker WEDBUSH SECURITIES INC. LOS ANGELES, California, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

RICHEY MAY & CO. (CAYMAN)
PCAOB 673

BMO HARRIS BANK NA
LEI 0001526648

303 SECURITIES, LP
CRD 288569 · SEC 8-69952

WEDBUSH SECURITIES INC.
CRD 877 · SEC 8-12987

Filing source

Form ADV 2083384 · Mar 26, 2026 · Schedule D 7.B.(1), fund 805-7762724528

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
John M. Klimek	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

401 W. Superior Street Ste 100
Chiacago, IL, 60654