Form D · Hedge Fund

Karana Capital, LP

New York, NY · CIK 0002000206

Offering snapshot reported May 7, 2025 · SEC filing

Reported sold
$23M
Indefinite offering
Investors reported
42
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
Dec 1, 2023
As reported in this filing

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported investors0 → 42

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
May 7, 2025Amendment$23,000,000No comparison42SEC filing
Nov 29, 2023InitialYet 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 (estimated)
Form D file number
021-498393
Amount Sold reflects investor capital contributions only and does not include appreciation and fund performance.

Source: Form D, filed May 7, 2025. 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

KARANA CAPITAL, LP

Investment adviser: KARANA CAPITAL MANAGEMENT LLC

Gross asset value
$45M
Beneficial owners
42
ADV minimum commitment
$1M

Reported in Form ADV on Mar 29, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator KRYPTON FUND SERVICES (USA), INC. ALPHARETTA, Georgia, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor RICHEY, MAY & CO., LLP ENGLEWOOD, Colorado, United States
Custodian INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States Related to adviser: No
Prime broker INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

RICHEY, MAY & CO., LLP
PCAOB 673

INTERACTIVE BROKERS LLC
SEC 8-47257

INTERACTIVE BROKERS LLC
CRD 36418 · SEC 8-47257

Filing source

Form ADV 2086213 · Mar 29, 2026 · Schedule D 7.B.(1), fund 805-5839346279

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
Dong Li Executive
Yuxi Li Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
295 Madison Ave 12th Floor
New York, NY, 10017