Form D · Private Equity Fund

PAM Feeder Fund (A designated series of Glide Direct Series, LLC, a Delware series ltd. liability company)

Dallas, TX · CIK 0002063186

Offering snapshot reported Jun 26, 2025 · SEC filing

Reported sold
$40M
Indefinite offering
Investors reported
1
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
Mar 18, 2025
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$20M$40MMar 25, 2025: $40,000,000.00Mar 25, 2025Jun 26, 2025: $40,000,000.00Jun 26, 2025

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
Jun 26, 2025Amendment$40,000,000$0vs Mar 25, 20251SEC filing
Mar 25, 2025Initial$40,000,000No comparison1SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b
Duration over one year
Yes
Business combination
No
Sales commissions
$1.4M
Finders' fees
$0
Form D file number
021-542024
Stonecrest earns a 0.75% annual servicing fee paid from the fund and offset against the management/advisory fee. A 3.5% placement fee is also paid to Stonecrest by the Issuer and charged to the investor per the fund?s governing documents.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Stonecrest Capital Markets, Inc.39616

Source: Form D, filed Jun 26, 2025. 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

PAM FEEDER FUND

Investment adviser: LEON CAPITAL MANAGEMENT, LLC

Gross asset value
$58.6M
Beneficial owners
1
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 BRAIN LTDA MIAMI, Florida, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor WITHUMSMITH+BROWN, PC HOUSTON, Texas, United States
Custodian EAST WEST BANK LOS ANGELES, California, United States Related to adviser: No
Marketer STONECREST CAPITAL MARKETS, INC. AUSTIN, Texas, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

WITHUMSMITH+BROWN, PC
PCAOB 342

EAST WEST BANK
LEI F28JOQ8OBWCFUYM0UX93

STONECREST CAPITAL MARKETS, INC.
CRD 39616 · SEC 8-48754

Filing source

Form ADV 2071726 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-6760540114

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
Fernando De Leon Director, Executive
Glide Platform, Llc Executive
Leon Capital Management, Llc Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
3500 Maple Avenue Suite 1600
Dallas, TX, 75219