Form D · Hedge Fund

Karya MBS/Volatility Fund LLC

New York, NY · CIK 0001682200

Offering snapshot reported Aug 5, 2020 · SEC filing

Reported sold
$54.6M
Offering amount: $54.6M
Investors reported
12
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
Aug 1, 2016
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$27.3M$54.6MAug 15, 2016: $11,000,000.00Aug 15, 2016Aug 14, 2017: $35,079,166.00Aug 14, 2017Aug 13, 2018: $35,141,666.00Aug 13, 2018Aug 12, 2019: $36,641,666.00Aug 12, 2019Aug 5, 2020: $54,641,666.00Aug 5, 2020

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$36,641,666 → $54,641,666
  • Reported investors5 → 12

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Aug 5, 2020Amendment$54,641,666$18,000,000vs Aug 12, 201912SEC filing
Aug 12, 2019Amendment$36,641,666$1,500,000vs Aug 13, 20185SEC filing
Aug 13, 2018Amendment$35,141,666$62,500vs Aug 14, 20174SEC filing
Aug 14, 2017Amendment$35,079,166$24,079,166vs Aug 15, 20164SEC filing
Aug 15, 2016Initial$11,000,000No comparison1SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
No
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-268964

Source: Form D, filed Aug 5, 2020. 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

KARYA MBS/VOLATILITY FUND LLC

Investment adviser: KARYA CAPITAL MANAGEMENT LLC

Gross asset value
$2.11B
Beneficial owners
7
ADV minimum commitment
$1M

Reported in Form ADV on Mar 17, 2020. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C TECHNOLOGIES, INC. JERSEY CITY, New Jersey, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor COHEN & COMPANY, LTD. HUNT VALLEY, Maryland, United States
Custodian CITIGROUP GLOBAL MARKETS INC. NEW YORK, New York, United States Related to adviser: No
Custodian CREDIT SUISSE SECURITIES (USA) LLC NEW YORK, New York, United States Related to adviser: No
Prime broker CITIGROUP GLOBAL MARKETS INC. NEW YORK, New York, United States
Prime broker CREDIT SUISSE SECURITIES (USA) LLC NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

COHEN & COMPANY, LTD.
PCAOB 925

CITIGROUP GLOBAL MARKETS INC.
SEC 8-8177

CREDIT SUISSE SECURITIES (USA) LLC
SEC 8-422

CITIGROUP GLOBAL MARKETS INC.
CRD 7059 · SEC 8-8177

CREDIT SUISSE SECURITIES (USA) LLC
CRD 816 · SEC 8-422

Filing source

Form ADV 1395518 · Mar 17, 2020 · Schedule D 7.B.(1), fund 805-7466693218

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
Rajiv Sobti Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
1330 Avenue Of The Americas Suite 620
New York, NY, 10019