Form D · Hedge Fund

Krensavage Offshore Fund, Ltd.

New York, NY · CIK 0001613970

Offering snapshot reported Sep 9, 2026 · SEC filing

Reported sold: $202M
Investors reported: 76
Minimum accepted: $100K
First sale: May 1, 2014

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$199,577,805 → $202,450,479
Reported investors75 → 76

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Sep 9, 2026	Amendment	$202,450,479	$2,872,674vs Jun 30, 2025	76	SEC filing
Jun 30, 2025	Amendment	$199,577,805	$300,000vs Jul 19, 2024	75	SEC filing
Jul 19, 2024	Amendment	$199,277,805	$1,850,000vs Jun 27, 2023	87	SEC filing
Jun 27, 2023	Amendment	$197,427,805	$8,890,345vs Jul 21, 2022	105	SEC filing
Jul 21, 2022	Amendment	$188,537,460	$88,885,444vs Aug 26, 2021	70	SEC filing
Aug 26, 2021	Amendment	$99,652,016	No comparison	Not reported	SEC filing
Sep 14, 2020	Amendment	$91,542,033	-$922,416vs Oct 21, 2019	21	SEC filing
Oct 21, 2019	Amendment	$92,464,449	$10,170,000vs Sep 4, 2018	14	SEC filing
Sep 4, 2018	Amendment	$82,294,449	$74,915,168vs Aug 9, 2016	14	SEC filing
Aug 3, 2017	Amendment	$76,237,557	$68,858,276vs Aug 9, 2016	11	SEC filing
Aug 9, 2016	Amendment	$7,379,281	$2,831,709vs Jul 17, 2015	11	SEC filing
Jul 17, 2015	Amendment	$4,547,572	$4,444,572vs Jul 24, 2014	7	SEC filing
Jul 24, 2014	Initial	$103,000	No comparison	2	SEC filing

Offering details

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

Sales commissions: $37.8K (estimated)
Finders' fees: $0
Form D file number: 021-221684

Sales compensation recipients

Scroll to see all columns →

Recipient	CRD	Associated broker-dealer
Mid-Continent Securities Advisors	120448
Silver Leaf Partners, LLC	126694
Invicta Capital LLC	288101

Source: Form D, filed Sep 9, 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

KRENSAVAGE OFFSHORE FUND, LTD

Investment adviser: KRENSAVAGE ASSET MANAGEMENT, LLC

Gross asset value: $79.1M
Beneficial owners: 30
ADV minimum commitment: $500K

Reported in Form ADV on Nov 19, 2018. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP ROSELAND, New Jersey, United States

Custodian WELLS FARGO SECURITIES, LLC CHARLOTTE, North Carolina, United States Related to adviser: No

Marketer EMERGENT CAPITAL ADVISORS, LLC HOUSTON, Texas, United States Related to adviser: No

Marketer EQUUS FINANCIAL CONSULTING LLC NEW CANAAN, Connecticut, United States Related to adviser: No

Marketer FRONTIER SOLUTIONS, LLC RICHMOND, Virginia, United States Related to adviser: No

Marketer SILVER LEAF PARTNERS, LLC NEW YORK, New York, United States Related to adviser: No

Prime broker WELLS FARGO PRIME SERVICES, 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: Yes

KPMG LLP
PCAOB 185

WELLS FARGO SECURITIES, LLC
SEC 8-65876

EMERGENT CAPITAL ADVISORS, LLC
CRD 156112 · SEC 801-73169

EQUUS FINANCIAL CONSULTING LLC
CRD 131449 · SEC 8-66467

FRONTIER SOLUTIONS, LLC
CRD 136102 · SEC 8-66972

SILVER LEAF PARTNERS, LLC
CRD 126694 · SEC 8-65902

WELLS FARGO PRIME SERVICES, LLC
CRD 133068 · SEC 8-66677

Filing source

Form ADV 1252573 · Nov 19, 2018 · Schedule D 7.B.(1), fund 805-7026451111

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 P Krensavage	Executive, Promoter
N/A Krensavage Asset Management, Llc	Promoter
Paul J. Paolino	Executive, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

610 Fifth Ave Suite 301
New York, NY, 10020