Form D · Hedge Fund

Coastland Direct Yield Fund LP

South San Francisco, CA · CIK 0001637985

Offering snapshot reported Oct 13, 2016 · SEC filing

Reported sold: $41.1M
Investors reported: 16
Minimum accepted: $500K
First sale: Mar 1, 2015

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$40,434,000 → $41,063,000

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Oct 13, 2016	Amendment	$41,063,000	$629,000vs Oct 13, 2015	16	SEC filing
Oct 13, 2015	Amendment	$40,434,000	$6,884,000vs Jul 16, 2015	16	SEC filing
Jul 16, 2015	Amendment	$33,550,000	$8,650,000vs Apr 15, 2015	13	SEC filing
Apr 15, 2015	Amendment	$24,900,000	$0vs Mar 27, 2015	10	SEC filing
Mar 27, 2015	Initial	$24,900,000	No comparison	10	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: 021-236841

Source: Form D, filed Oct 13, 2016. 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

COASTLAND DIRECT YIELD FUND LP

Investment adviser: COASTLAND CAPITAL LLC

Gross asset value: $93.6M
Beneficial owners: 18
ADV minimum commitment: $500K

Reported in Form ADV on Jul 21, 2017. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator GLOBEOP FINANCIAL SERVICES LLC HARRISON, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG GRAND CAYMAN, Cayman Islands

Custodian DEUTSCHE BANK TRUST COMPANY AMERICAS SANTA ANA, California, United States Related to adviser: No

Custodian MILLENIUM TRUST OAKBROOK, Illinois, United States Related to adviser: No

Custodian NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No

Custodian U.S. BANCORP MINNEAPOLIS, Minnesota, United States Related to adviser: No

Marketer SABERTIA CAPITAL PARTNERS, S.L. BARCELONA, Spain Related to adviser: No

Prime broker BNP PARIBAS PRIME BROKERAGE, INC. NEW YORK, New York, United States

Prime broker INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

BNP PARIBAS PRIME BROKERAGE, INC.
CRD 24962 · SEC 8-40490

INTERACTIVE BROKERS LLC
CRD 36418 · SEC 8-47257

Filing source

Form ADV 1129156 · Jul 21, 2017 · Schedule D 7.B.(1), fund 805-5813495657

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
N/A Coastland Capital Llc	Executive
N/A Coastland Direct Yield Gp Llc	Promoter
Derek Dunn	Executive
James Gifford	Executive
Gordon Converse Holterman	Executive
Patrick Kenney	Executive
Jon Loflin	Executive
Grace Mao	Executive
N/A Overland Advisors, Llc	Executive
N/A Overland Direct Yield Gp, Llc	Promoter
Natasha Salins	Executive
Shaun Sparkman	Executive
Peter Sterling	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

601 Gateway Boulevard, Suite 1050
South San Francisco, CA, 94080