Form D · Hedge Fund

Lossless Capital LP

Grand Cayman, E9 · CIK 0001823605

Offering snapshot reported Oct 2, 2025 · SEC filing

Reported sold: $137M
Investors reported: 3
Minimum accepted: $5M
First sale: Sep 9, 2020

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$85,448,610 → $137,027,893

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Oct 2, 2025	Amendment	$137,027,893	$51,579,283vs Sep 11, 2024	3	SEC filing
Sep 11, 2024	Amendment	$85,448,610	$12,192,532vs Sep 14, 2023	3	SEC filing
Sep 14, 2023	Amendment	$73,256,078	No comparison	4	SEC filing
Sep 15, 2022	Amendment	$127,893	$0vs Sep 16, 2021	1	SEC filing
Sep 16, 2021	Amendment	$127,893	No comparison	Not reported	SEC filing
Sep 9, 2020	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

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

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-375102

Source: Form D, filed Oct 2, 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

LOSSLESS CAPITAL LP

Investment adviser: OPEN FOREST ASSET MANAGEMENT, LLC

Gross asset value: $82.5M
Beneficial owners: 3
ADV minimum commitment: $5M

Reported in Form ADV on Nov 3, 2025. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator MUFG ALTERNATIVE FUND SERVICES (CAYMAN) LIMITED GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LTD. GRAND CAYMAN, Cayman Islands

Custodian COWEN INTERNATIONAL LIMITED LONDON, United Kingdom Related to adviser: No

Custodian INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States Related to adviser: No

Custodian MUFG ALTERNATIVE FUND SERVICES (CAYMAN) LIMITED GRAND CAYMAN, Cayman Islands Related to adviser: No

Prime broker COWEN INTERNATIONAL LIMITED LONDON, United Kingdom

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

ERNST & YOUNG LTD.
PCAOB 1655

INTERACTIVE BROKERS LLC
SEC 8-47257

INTERACTIVE BROKERS LLC
CRD 36418 · SEC 8-47257

Filing source

Form ADV 2025433 · Nov 3, 2025 · Schedule D 7.B.(1), fund 805-4180169604

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
Schwin Chiaravanont	Executive
Kai Lam	Executive
N/A Lossless Capital Gp	Executive
N/A Open Forest Asset Management, Llc	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

89 Nexus Way Camana Bay
Grand Cayman, E9, KY1-9009