Form D · Hedge Fund
PanAgora Diversified Risk Multi-Asset Fund, Ltd.
Boston, MA · CIK 0001553287
Offering snapshot reported Dec 1, 2025 · SEC filing
- Reported sold
- $5.24B Indefinite offering
- Investors reported
- 36 Form D · investor count
- Minimum accepted
- $100K Reported outside-investor minimum
- First sale
- May 8, 2012 As reported in this filing
Fundraising history
Reported soldDates 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$5,237,253,377 → $5,242,253,377
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Dec 1, 2025 | Amendment | $5,242,253,377 | $5,000,000vs Nov 29, 2024 | 36 | SEC filing |
| Nov 29, 2024 | Amendment | $5,237,253,377 | $1,020,000vs Dec 1, 2023 | 36 | SEC filing |
| Dec 1, 2023 | Initial | $5,236,233,377 | No comparison | 36 | SEC filing |
| Dec 2, 2022 | Amendment | $5,165,433,377 | $162,550,000vs Dec 2, 2021 | 36 | SEC filing |
| Dec 2, 2021 | Amendment | $5,002,883,377 | $1,005,043,005vs Dec 2, 2020 | 34 | SEC filing |
| Dec 2, 2020 | Amendment | $3,997,840,372 | $275,430,000vs Dec 2, 2019 | 33 | SEC filing |
| Dec 2, 2019 | Amendment | $3,722,410,372 | $317,000,000vs Dec 12, 2018 | 30 | SEC filing |
| Dec 12, 2018 | Amendment | $3,405,410,372 | $36,400,000vs Jul 19, 2018 | 28 | SEC filing |
| Jul 19, 2018 | Amendment | $3,369,010,372 | $467,073,231vs Jul 25, 2017 | 26 | SEC filing |
| Jul 25, 2017 | Amendment | $2,901,937,141 | $148,900,000vs Jul 29, 2016 | 19 | SEC filing |
| Jul 29, 2016 | Amendment | $2,753,037,141 | $1,177,064,141vs Sep 18, 2015 | 16 | SEC filing |
| Sep 18, 2015 | Amendment | $1,575,973,000 | $1,064,899,860vs Sep 17, 2014 | 10 | SEC filing |
| Sep 17, 2014 | Amendment | $511,073,140 | $386,073,140vs Jun 29, 2012 | 7 | SEC filing |
| Jun 29, 2012 | Initial | $125,000,000 | No comparison | 1 | SEC filing |
Offering details
- Securities
- Pooled investment fund
- Exemptions
- 06b, 3C, 3C.7
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $0 (estimated)
- Finders' fees
- $0 (estimated)
- Form D file number
- 021-498553
Source: Form D, filed Dec 1, 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
PANAGORA DIVERSIFIED RISK MULTI-ASSET FUND, LTD
Investment adviser: PANAGORA ASSET MANAGEMENT INC
- Gross asset value
- $643M
- Beneficial owners
- 8
- ADV minimum commitment
- $3M
Reported in Form ADV on Mar 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.
Service providers
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
DELOITTE & TOUCHE, LLP
PCAOB 34
Filing source
Form ADV 2083516 · Mar 30, 2026 · Schedule D 7.B.(1), fund 805-8899767723
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.
| Name | Reported role |
|---|---|
| Abali Hoilett | Director |
| Louis X. Iglesias | Executive |
| Robert Meschi | Director |
| N/A Pan Agora Asset Management, Inc. | Promoter |
| Georgia Prinsloo | Director |
| Eric H. Sorensen | Director, Executive |
| Paul M. Sutton | Executive |
| Michael H. Turpin | Executive |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Boston, MA, 02110