Form D · Hedge Fund

Optima Select Opportunities Fund LLC

New York, NY · CIK 0001395347

Offering snapshot reported Nov 7, 2012 · SEC filing

Reported sold: $21.2M
Investors reported: 7
Minimum accepted: $15M
First sale: Mar 1, 2007

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$22,771,000 → $21,169,000
Reported investors8 → 7

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Nov 7, 2012	Amendment	$21,169,000	-$1,602,000vs Oct 26, 2011	7	SEC filing
Oct 26, 2011	Amendment	$22,771,000	-$1,698,000vs Oct 25, 2010	8	SEC filing
Oct 25, 2010	Amendment	$24,469,000	$860,435vs Sep 29, 2010	8	SEC filing
Sep 29, 2010	Initial	$23,608,565	No comparison	8	SEC filing
Mar 27, 2007	Paper	Not reported	No comparison	Not reported	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $680K
Finders' fees: $0
Form D file number: 021-148326

"Total Amount Sold" represents the total amount outstanding as of the date of this filing in reliance on the Regulation D exemption. The original Form D was filed by paper in March 2007.

The amount of sales commission represents the portion of management and incentive fees paid to BNY Mellon, N.A. to date.

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
BNY Mellon, N.A.	None

Source: Form D, filed Nov 7, 2012. 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

THE OPTIMA SELECT OPPORTUNITIES FUND LLC

Investment adviser: OPTIMA FUND MANAGEMENT LLC

Gross asset value: $21.9M
Beneficial owners: 6
ADV minimum commitment: $250K

Reported in Form ADV on Mar 19, 2013. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor MCGLADERY LLP NEW YORK, New York, United States

Custodian JP MORGAN CHASE N.A. NEW YORK, New York, United States Related to adviser: No

Marketer BNY MELLON N.A. BOSTON, Massachusetts, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: Yes

Filing source

Form ADV 708922 · Mar 19, 2013 · Schedule D 7.B.(1), fund 805-5308905653

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
Optima Group Holdings Llc	Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

C/O Optima Group Holdings Llc 10 E 53rd Street
New York, NY, 10022