Form D · Hedge Fund

Obsidian (Offshore) Fund

New York, NY · CIK 0001457587

Offering snapshot reported Apr 18, 2023 · SEC filing

Reported sold
$2.91B
Indefinite offering
Investors reported
118
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
Oct 1, 2005
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$1.45B$2.91BMar 15, 2010: $882,517,024.00Mar 15, 2010Mar 15, 2011: $1,185,778,024.00Mar 15, 2012: $2,333,343,004.00Apr 3, 2012: $2,333,343,004.00Apr 3, 2013: $2,462,259,004.00Apr 3, 2014: $2,619,202,245.00Apr 3, 2015: $2,619,202,245.00Apr 14, 2016: $2,734,702,245.00Apr 14, 2017: $2,739,202,245.00Apr 16, 2018: $2,739,202,245.00Apr 16, 2019: $2,739,202,245.00Apr 16, 2020: $2,745,202,245.00Apr 16, 2021: $2,745,202,245.00Apr 18, 2022: $2,905,202,245.00Apr 18, 2023: $2,905,202,245.00Apr 18, 2023

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.

No comparable changes in the displayed metrics.

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Apr 18, 2023Amendment$2,905,202,245$0vs Apr 18, 2022118SEC filing
Apr 18, 2022Amendment$2,905,202,245$160,000,000vs Apr 16, 2021118SEC filing
Apr 16, 2021Amendment$2,745,202,245$0vs Apr 16, 2020117SEC filing
Apr 16, 2020Amendment$2,745,202,245$6,000,000vs Apr 16, 2019117SEC filing
Apr 16, 2019Amendment$2,739,202,245$0vs Apr 16, 2018117SEC filing
Apr 16, 2018Amendment$2,739,202,245$0vs Apr 14, 2017117SEC filing
Apr 14, 2017Amendment$2,739,202,245$4,500,000vs Apr 14, 2016117SEC filing
Apr 14, 2016Amendment$2,734,702,245$115,500,000vs Apr 3, 2015117SEC filing
Apr 3, 2015Amendment$2,619,202,245$0vs Apr 3, 2014115SEC filing
Apr 3, 2014Amendment$2,619,202,245$156,943,241vs Apr 3, 2013115SEC filing
Apr 3, 2013Amendment$2,462,259,004$128,916,000vs Apr 3, 2012107SEC filing
Apr 3, 2012Amendment$2,333,343,004$0vs Mar 15, 2012100SEC filing
Mar 15, 2012Amendment$2,333,343,004$1,147,564,980vs Mar 15, 2011100SEC filing
Mar 15, 2011Amendment$1,185,778,024$303,261,000vs Mar 15, 201087SEC filing
Mar 15, 2010Amendment$882,517,024No comparison42SEC 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
021-129465

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
BlackRock Investments, LLC38642

Source: Form D, filed Apr 18, 2023. Minimum accepted may differ from a standard advertised minimum.

Fund connections

Each card uses that adviser's latest imported filing. Filing dates can differ; these disclosures do not confirm a current relationship.

Matched by reported Form D file number

THE OBSIDIAN (OFFSHORE) FUND

Investment adviser: BLACKROCK FINANCIAL MANAGEMENT, INC

Gross asset value
$14.5M
Beneficial owners
25
ADV minimum commitment
$1M

Reported in Form ADV on Aug 27, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator JPMORGAN CHASE BANK, N.A. DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor DELOITTE & TOUCHE PRINCETON, New Jersey, United States Other funds reporting this name →
Custodian NORTHERN TRUST NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Marketer BLACKROCK INVESTMENTS, LLC NEW YORK, New York, United States Related to adviser: Yes Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

DELOITTE & TOUCHE
PCAOB 1096

BLACKROCK INVESTMENTS, LLC
CRD 38642 · SEC 8-48436

Fund asset history · 5 annual observations Gross asset value by annual ADV filing$0$882M$1.76BFY 2021: $1,764,188,246.00FY 2021FY 2022: $648,036,258.00FY 2022FY 2023: $173,001,945.00FY 2023FY 2024: $173,001,945.00FY 2024FY 2025: $17,304,598.00FY 2025

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Fiscal yearGross assetsBeneficial ownersADV filed
2021$1,764,188,24636Mar 30, 2022
2022$648,036,25834Mar 30, 2023
2023$173,001,94525Mar 28, 2024
2024$173,001,94525Mar 31, 2025
2025$17,304,59825Mar 31, 2026
Filing source

Form ADV 2128806 · Aug 27, 2026 · Schedule D 7.B.(1), fund 805-4932382335

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; 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
N/A Black Rock Financial Management, Inc. Executive
Marc Crespi Director
Warren Keens Director
Richard J Kushel Director
Noelle L'heureux Director
Linburgh Martin Director
Ann Marie Petach Director
Ann Marie Petach Director
Ian Pilgrim Director
John Sutlic Director
Lynette Vanderwarker Director
W, William Woods Director
W. William Woods Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
50 Hudson Yards
New York, NY, 10001
Phone: 2128105300