Form D · Hedge Fund

KANALY HEDGED EQUITY FUND, LP

Austin, TX · CIK 0001600718

Offering snapshot reported Jun 27, 2019 · SEC filing

Reported sold
$33.9M
Indefinite offering
Investors reported
83
Form D · investor count
Minimum accepted
$250K
Reported outside-investor minimum
First sale
Apr 1, 2014
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$17M$33.9MFeb 24, 2014Mar 5, 2015: $32,370,974.00Mar 25, 2016: $32,660,511.00May 9, 2017: $33,930,000.00May 10, 2018: $33,930,000.00Jun 29, 2018: $33,930,000.00Jun 26, 2019: $33,930,000.00Jun 27, 2019: $33,930,000.00Jun 27, 2019

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 investors0 → 83

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jun 27, 2019Amendment$33,930,000No comparison83SEC filing
Jun 26, 2019Amendment$33,930,000No comparison83SEC filing
Jun 29, 2018Amendment$33,930,000$0vs May 10, 201883SEC filing
May 10, 2018Amendment$33,930,000$0vs May 9, 201783SEC filing
May 9, 2017Amendment$33,930,000$1,269,489vs Mar 25, 201683SEC filing
Mar 25, 2016Amendment$32,660,511$289,537vs Mar 5, 201577SEC filing
Mar 5, 2015Amendment$32,370,974No comparison76SEC filing
Feb 24, 2014InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$0 (estimated)
Finders' fees
$0
Form D file number
021-212356
A Management and/or Incentive Allocation Fee will be paid to Meritage Capital, LLC, which is the Investment Manager of the Issuer.

Source: Form D, filed Jun 27, 2019. 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

KANALY HEDGED EQUITY FUND LP

Investment adviser: MERITAGE CAPITAL, LLC

Gross asset value
$21.9M
Beneficial owners
52
ADV minimum commitment
$250K

Reported in Form ADV on Nov 19, 2019. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator ALPS ALTERNATIVE INVESTMENT SERVICES, LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KPMG, LLP DALLAS, Texas, United States
Custodian FIRST REPUBLIC BANK SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

KPMG, LLP
PCAOB 185

Filing source

Form ADV 1357069 · Nov 19, 2019 · Schedule D 7.B.(1), fund 805-8873930167

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
Tina Badciong Executive
N/A Brown Advisory Executive
Andrew Kanaly Executive
Kanaly Management Llc Executive
N/A Kanaly Management Llc Executive
John G. Mccolskey Executive
Thomas J Meredith Director
N/A Meritage Capital Gp, Llc Executive
N/A Meritage Capital, Llc Executive
Meritage Capital, Llc Executive
Troy Saldivar Executive
Joel S. Scott Executive
James Shelton Executive
Alex C Smith Director
Dave Swan Executive
Dave Swann Executive
Joseph S Wade Executive
Spence L. Wilson Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
500 West Second Street Suite 1850
Austin, TX, 78701