Form D · Hedge Fund
NEWPORT ABSOLUTE LLC
Newport Beach, CA · CIK 0001102585
Offering snapshot reported Oct 14, 2022 · SEC filing
- Reported sold
- $419M Indefinite offering
- Investors reported
- 1 Form D · investor count
- Minimum accepted
- $150M Reported outside-investor minimum
- First sale
- Jan 1, 2000 As reported in this filing
Fundraising history
Reported soldDates 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 |
|---|---|---|---|---|---|
| Oct 14, 2022 | Amendment | $418,539,639 | $0vs Oct 15, 2021 | 1 | SEC filing |
| Oct 15, 2021 | Amendment | $418,539,639 | -$156,235,924vs Oct 16, 2020 | 1 | SEC filing |
| Oct 16, 2020 | Amendment | $574,775,563 | -$34,963,488vs May 15, 2020 | 1 | SEC filing |
| May 15, 2020 | Amendment | $609,739,051 | $99,787,544vs May 15, 2019 | 1 | SEC filing |
| May 15, 2019 | Amendment | $509,951,507 | $18,004,273vs May 15, 2018 | 1 | SEC filing |
| May 15, 2018 | Amendment | $491,947,234 | -$12,511,798vs May 15, 2017 | 1 | SEC filing |
| May 15, 2017 | Amendment | $504,459,032 | -$10,738,795vs Apr 11, 2016 | 1 | SEC filing |
| Apr 11, 2016 | Amendment | $515,197,827 | $269,392,673vs Apr 5, 2011 | 1 | SEC filing |
| Apr 7, 2015 | Amendment | $329,078,735 | $83,273,581vs Apr 5, 2011 | 1 | SEC filing |
| Apr 7, 2014 | Amendment | $278,720,993 | $32,915,839vs Apr 5, 2011 | 1 | SEC filing |
| Apr 5, 2013 | Amendment | $269,772,147 | $23,966,993vs Apr 5, 2011 | 1 | SEC filing |
| Apr 5, 2012 | Amendment | $153,172,600 | -$92,632,554vs Apr 5, 2011 | 1 | SEC filing |
| Apr 5, 2011 | Amendment | $245,805,154 | $0vs Apr 5, 2010 | 1 | SEC filing |
| Apr 5, 2010 | Amendment | $245,805,154 | No comparison | 1 | SEC filing |
| Mar 13, 2009 | Paper | Not reported | No comparison | Not reported | SEC 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
- 021-50661
Source: Form D, filed Oct 14, 2022. 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
NEWPORT ABSOLUTE LLC
Investment adviser: PAAMCO PRISMA, LLC
- Gross asset value
- $525M
- Beneficial owners
- 1
- ADV minimum commitment
- $150M
Reported in Form ADV on Sep 8, 2017. Fund assets and beneficial owners measure different things from Form D sales and investors.
Service providers
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- No
- External marketing
- No
Filing source
Form ADV 1139105 · Sep 8, 2017 · Schedule D 7.B.(1), fund 805-8131656222
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.
| Name | Reported role |
|---|---|
| Joshua Barlow | Executive |
| Vincent Cuticello | Executive |
| Carlos Ferreira | Executive |
| Darren Huber | Executive |
| N/A Paamco Prisma, Llc | Promoter |
| N/A Pacific Alternative Asset Management Company | Promoter |
| James P. Rankin | Executive |
| Kevin Williams | Executive |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Newport Beach, CA, 92660