Form D · Hedge Fund

Lucidus Leveraged Credit Fund Ltd

Grand Cayman, E9 · CIK 0001544243

Offering snapshot reported Mar 27, 2015 · SEC filing

Reported sold
$106M
Indefinite offering
Investors reported
7
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Mar 1, 2012
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$58.8M$118MMar 29, 2012: $26,100,000.00Mar 29, 2012Mar 29, 2013: $62,791,000.00Mar 29, 2013Mar 28, 2014: $117,635,915.00Mar 28, 2014Mar 27, 2015: $106,300,000.00Mar 27, 2015

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$117,635,915 → $106,300,000
  • Reported investors5 → 7
  • Minimum accepted$50,000 → $100,000

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 27, 2015Amendment$106,300,000-$11,335,915vs Mar 28, 20147SEC filing
Mar 28, 2014Amendment$117,635,915$54,844,915vs Mar 29, 20135SEC filing
Mar 29, 2013Amendment$62,791,000$36,691,000vs Mar 29, 20123SEC filing
Mar 29, 2012Initial$26,100,000No comparison4SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-175829

Source: Form D, filed Mar 27, 2015. 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

LUCIDUS LEVERAGED CREDIT FUND LIMITED

Investment adviser: LUCIDUS CAPITAL PARTNERS LLP

Gross asset value
$746M
Beneficial owners
23
ADV minimum commitment
$5M

Reported in Form ADV on Dec 16, 2015. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator CITI FUND SERVICES (BERMUDA), LTD. HAMILTON, Bermuda Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG LTD. GRAND CAYMAN, Cayman Islands
Custodian CREDIT SUISSE SECURITIES (EUROPE) LIMITED LONDON, United Kingdom Related to adviser: No
Custodian J.P. MORGAN CLEARING CORP. NEW YORK, New York, United States Related to adviser: No
Custodian THE BANK OF NEW YORK MELLON CORPORATION NEW YORK, New York, United States Related to adviser: No
Marketer JAPAN ALTERNATIVE INVESTMENT CO., LTD. TOKYO, Japan Related to adviser: No
Prime broker CREDIT SUISSE SECURITIES (EUROPE) LIMITED LONDON, United Kingdom
Prime broker J.P. MORGAN CLEARING CORP. 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

J.P. MORGAN CLEARING CORP.
SEC 8-43724

J.P. MORGAN CLEARING CORP.
CRD 28432 · SEC 8-43724

Filing source

Form ADV 962019 · Dec 16, 2015 · Schedule D 7.B.(1), fund 805-5101755570

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
Marco Cereghetti Director
Peter D'angelo Director
Peter D?Angelo Director
Darryl Green Director
Daniel Koppel Director
Lucidus Capital Partners Llp Promoter
Alexander Otten Director
Christopher Relph Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
C/O Lucidus Leveraged Credit Fund Ltd Ugland House, P.O. Box 309
Grand Cayman, E9, KY1-1104