Form D · Hedge Fund

Kirkoswald Emerging Markets Fund (US) Ltd

London, X0 · CIK 0001597647

Offering snapshot reported Dec 18, 2025 · SEC filing

Reported sold: $446M
Investors reported: 440
Minimum accepted: $50K
First sale: Dec 1, 2003

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.

No comparable changes in the displayed metrics.

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Dec 18, 2025	Amendment	$445,987,934	$0vs Oct 7, 2024	440	SEC filing
Oct 7, 2024	Amendment	$445,987,934	$0vs Oct 6, 2023	440	SEC filing
Oct 6, 2023	Amendment	$445,987,934	$0vs Oct 7, 2022	440	SEC filing
Oct 7, 2022	Amendment	$445,987,934	$0vs Oct 8, 2021	440	SEC filing
Oct 8, 2021	Amendment	$445,987,934	$0vs Oct 9, 2020	440	SEC filing
Oct 9, 2020	Amendment	$445,987,934	$250,000vs Oct 10, 2019	440	SEC filing
Oct 10, 2019	Amendment	$445,737,934	$0vs Oct 10, 2018	439	SEC filing
Oct 10, 2018	Amendment	$445,737,934	$905,087vs Oct 10, 2017	439	SEC filing
Oct 10, 2017	Amendment	$444,832,847	$3,250,000vs Oct 19, 2016	437	SEC filing
Oct 19, 2016	Amendment	$441,582,847	$2,330,000vs Oct 21, 2015	429	SEC filing
Oct 21, 2015	Amendment	$439,252,847	$3,500,000vs Oct 24, 2014	426	SEC filing
Oct 24, 2014	Amendment	$435,752,847	$0vs Mar 27, 2014	423	SEC filing
Mar 27, 2014	Initial	$435,752,847	No comparison	423	SEC filing

Offering details

Securities: Pooled investment fund, Other
Exemptions: 06b, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $5.88M (estimated)
Finders' fees: $0
Form D file number: 021-214376

Classes AR, AR-NV Shares

Includes amounts paid for solicitation outside of the United States.

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
Citigroup Global Markets Inc.	7059
Morgan Stanley Smith Barney LLC	14977

Source: Form D, filed Dec 18, 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

KIRKOSWALD EMERGING MARKETS FUND (US) LTD

Investment adviser: KIRKOSWALD CAPITAL MANAGEMENT LIMITED

Gross asset value: Not reported
Beneficial owners: Not reported
ADV minimum commitment: Not reported

Reported in Form ADV on Apr 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

No provider names available in this fund's imported disclosure.

Provider details

Annual audit: Not reported
Prime brokers: Not reported
Custodians: Not reported
Administrator other than the adviser: Not reported
External marketing: Not reported

Filing source

Form ADV 2098658 · Apr 30, 2026 · Schedule D 7.B.(1), fund 805-8443799768

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
Michael Austin	Director
Sam Ellis	Director
N/A Emso Asset Management Limited	Promoter
N/A Emso Partners Limited	Promoter
Mark Richard Franklin	Executive
Michiel Jansen	Executive
Tammy Jennissen	Director
N/A Kirkoswald Capital Management Limited	Promoter
Christopher Le Beau	Director
Raul Rhodes Mc Gregor	Executive
Ihor Rakowsky	Director
Letitia Solomon	Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

C/O Kirkoswald Capital Management Ltd 110 Park Street Lg
London, X0, W1K 6NX