Form D · Other Investment Fund

Liquid Strategy LLC

Boston, MA · CIK 0001651818

Offering snapshot reported Mar 2, 2026 · SEC filing

Reported sold
$156M
Indefinite offering
Investors reported
17
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
Feb 1, 2015
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$78M$156MMar 1, 2016: $21,484,358.00Mar 1, 2016Mar 1, 2017: $22,767,196.00Mar 1, 2018: $25,924,196.00Mar 1, 2019: $26,605,596.00Feb 28, 2020: $31,615,943.00Mar 1, 2021: $34,674,578.00Feb 28, 2022: $34,755,578.00Feb 28, 2023: $115,575,118.00Feb 28, 2024: $128,607,618.00Feb 28, 2025: $135,537,618.00Mar 2, 2026: $155,950,618.00Mar 2, 2026

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$135,537,618 → $155,950,618
  • Reported investors15 → 17

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 2, 2026Amendment$155,950,618$20,413,000vs Feb 28, 202517SEC filing
Feb 28, 2025Amendment$135,537,618$6,930,000vs Feb 28, 202415SEC filing
Feb 28, 2024Amendment$128,607,618$13,032,500vs Feb 28, 202315SEC filing
Feb 28, 2023Amendment$115,575,118$80,819,540vs Feb 28, 202212SEC filing
Feb 28, 2022Amendment$34,755,578$81,000vs Mar 1, 20218SEC filing
Mar 1, 2021Amendment$34,674,578$3,058,635vs Feb 28, 20208SEC filing
Feb 28, 2020Amendment$31,615,943$5,010,347vs Mar 1, 20196SEC filing
Mar 1, 2019Amendment$26,605,596$681,400vs Mar 1, 20186SEC filing
Mar 1, 2018Amendment$25,924,196$3,157,000vs Mar 1, 20176SEC filing
Mar 1, 2017Amendment$22,767,196$1,282,838vs Mar 1, 20165SEC filing
Mar 1, 2016Initial$21,484,358No comparison5SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b
Duration over one year
Yes
Business combination
No
Sales commissions
$150K
Finders' fees
$0
Form D file number
021-258309
Minimum investment in item 11 may be reduced at the discretion of the General Manager.
Total sales commissions paid since inception.

Sales compensation recipients

Scroll to see all columns →

RecipientCRDAssociated broker-dealer
Charles Richard Bartels1817969Race Rock Capital LLC · CRD 153363

Source: Form D, filed Mar 2, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

No confirmed ADV fund connection is available for this issuer.

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
Warren Naphtal Executive
Mary S. Naphtal Executive
P/E Global Llc Director, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
75 State Street 31 St Floor
Boston, MA, 02109