Form D · Hedge Fund

NORCAP DIVERSIFIED PREMIUM FUND, L.P.

Dallas, TX · CIK 0001433840

Offering snapshot reported Feb 17, 2021 · SEC filing

Reported sold
$189M
Indefinite offering
Investors reported
98
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
Jan 1, 2008
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$94.3M$189MApr 25, 2008Nov 17, 2010: $17,003,532.00Feb 29, 2012: $34,986,306.00Mar 12, 2013: $37,780,220.00Mar 11, 2014: $59,580,083.00Mar 12, 2015: $77,030,318.00Mar 21, 2016: $77,918,492.00Mar 21, 2016: $77,918,492.00Feb 23, 2018: $95,985,501.00Feb 19, 2019: $52,625,920.00Feb 20, 2020: $57,467,589.00Feb 17, 2021: $188,576,070.00Feb 17, 2021

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$57,467,589 → $188,576,070
  • Reported investors50 → 98

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Feb 17, 2021Amendment$188,576,070$131,108,481vs Feb 20, 202098SEC filing
Feb 20, 2020Amendment$57,467,589$4,841,669vs Feb 19, 201950SEC filing
Feb 19, 2019Amendment$52,625,920-$43,359,581vs Feb 23, 201852SEC filing
Feb 23, 2018Amendment$95,985,501$18,067,009vs Mar 21, 201699SEC filing
Mar 21, 2016Amendment$77,918,492$60,914,960vs Nov 17, 2010104SEC filing
Mar 21, 2016Amendment$77,918,492$60,914,960vs Nov 17, 2010104SEC filing
Mar 12, 2015Amendment$77,030,318$60,026,786vs Nov 17, 201099SEC filing
Mar 11, 2014Amendment$59,580,083$42,576,551vs Nov 17, 201080SEC filing
Mar 12, 2013Amendment$37,780,220$20,776,688vs Nov 17, 201068SEC filing
Feb 29, 2012Amendment$34,986,306$17,982,774vs Nov 17, 201071SEC filing
Nov 17, 2010Amendment$17,003,532No comparison37SEC filing
Apr 25, 2008PaperNot reportedNo comparisonNot reportedSEC 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
$5K (estimated)
Form D file number
021-117668
Minimum Investment: May Be Waived

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Bren Ventures LLC139768Jonathan

Source: Form D, filed Feb 17, 2021. 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

NORCAP DIVERSIFIED PREMIUM FUND, L.P.

Investment adviser: NORCAP INVESTMENT MANAGEMENT, L.P.

Gross asset value
$220M
Beneficial owners
60
ADV minimum commitment
$1M

Reported in Form ADV on Mar 31, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NAV CONSULTING, INC. OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor WEAVER & TIDWELL, L.L.P. DALLAS, Texas, United States
Custodian APEX CLEARING CORPORATION DALLAS, Texas, United States Related to adviser: No
Custodian CHARLES SCHWAB & CO., INC. SAN FRANCISCO, California, United States Related to adviser: No
Custodian TEXAS REGIONAL BANK AUSTIN, Texas, United States Related to adviser: No
Marketer BLUE SAND SECURITIES LLC BETHESDA, Maryland, United States Related to adviser: No
Marketer LEO BROKERAGE, LLC BEDFORD, Texas, United States Related to adviser: No
Prime broker APEX CLEARING CORPORATION DALLAS, Texas, United States
Prime broker CHARLES SCHWAB & CO., INC. WESTLAKE, Texas, United States
Prime broker INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States
Prime broker JEFFERIES LLC NEW YORK, New York, United States
Prime broker STONEX FINANCIAL INC. WINTER PARK, Florida, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

WEAVER & TIDWELL, L.L.P.
PCAOB 410

APEX CLEARING CORPORATION
SEC 8-23522

CHARLES SCHWAB & CO., INC.
SEC 8-16514

BLUE SAND SECURITIES LLC
CRD 142976 · SEC 8-67514

LEO BROKERAGE, LLC
CRD 109121 · SEC 8-53487

APEX CLEARING CORPORATION
CRD 13071 · SEC 8-23522

CHARLES SCHWAB & CO., INC.
CRD 5393 · SEC 8-16514

INTERACTIVE BROKERS LLC
CRD 36418 · SEC 8-47257

JEFFERIES LLC
CRD 2347 · SEC 8-15074

STONEX FINANCIAL INC.
CRD 45993 · SEC 8-51269

Filing source

Form ADV 2060217 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-5499009972

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
Carl Y. Baggett Executive
Ronald D. Dodson Executive
N/A Norcap Management, L.P. Executive
David R. Norcom Executive
James Bolton Walters Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Campbell Centre I 8350 N Central Expy, Suite 725
Dallas, TX, 75206