Form D · Private Equity Fund

Paragon Real Assets LLC

New York, NY · CIK 0001737687

Offering snapshot reported Apr 19, 2021 · SEC filing

Reported sold: $247M
Investors reported: 12
Minimum accepted: $25M
First sale: Apr 1, 2014

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$215,264,232 → $246,694,764

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Apr 19, 2021	Amendment	$246,694,764	$31,430,532vs Apr 22, 2020	12	SEC filing
Apr 22, 2020	Amendment	$215,264,232	$1,953,243vs Apr 23, 2019	12	SEC filing
Apr 23, 2019	Initial	$213,310,989	No comparison	12	SEC filing
Apr 27, 2018	Initial	$197,278,000	No comparison	7	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: 021-337870

Source: Form D, filed Apr 19, 2021. 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

PARAGON REAL ASSETS LLC - SERIES 1

Investment adviser: PARAGON OUTCOMES MANAGEMENT LLC

Gross asset value: $106M
Beneficial owners: 6
ADV minimum commitment: $25M

Reported in Form ADV on Mar 23, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator APEX GROUP LTD. NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Custodian CITIZENS PRIVATE BANK RIVERSIDE, Rhode Island, United States Related to adviser: No

Provider details

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

Filing source

Form ADV 2079790 · Mar 23, 2026 · Schedule D 7.B.(1), fund 805-6655875372

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 Shelanu Capital, Llc	Promoter
Frank Tripoli	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

515 Madison Avenue 34 Th Floor
New York, NY, 10022