Form D · Hedge Fund

PARALLAX CAPITAL PARTNERS L P

Houston, TX · CIK 0001091887

Offering snapshot reported Jan 30, 2014 · SEC filing

Reported sold
$6.74M
Indefinite offering
Investors reported
54
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Dec 21, 1998
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$4.94M$9.89MDec 16, 2011: $8,787,022.00Dec 16, 2011Jan 11, 2013: $9,887,022.00Jan 11, 2013Jan 30, 2014: $6,737,775.00Jan 30, 2014

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$9,887,022 → $6,737,775
  • Reported investors41 → 54

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jan 30, 2014Amendment$6,737,775-$3,149,247vs Jan 11, 201354SEC filing
Jan 11, 2013Amendment$9,887,022$1,100,000vs Dec 16, 201141SEC filing
Dec 16, 2011Initial$8,787,022No comparison37SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$398K (estimated)
Finders' fees
$0
Form D file number
021-170231
The total amount sold is through December 31, 2013.
These management fees were charged during the life of the fund and paid to the General Partner and/or the Registered Investment Manager and then distributed as sales compensation.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Miller Global Investments LLC114683
William Moritz500805Tri-Star Financial · CRD 32458
William Payne2294559Tri-Star Financial · CRD 32458
Jon Vaughan2449905Tri-Star Financial · CRD 32458
Jonathan Platon2788921Tri-Star Financial · CRD 32458
John Bott500759Tri-Star Financial · CRD 32458

Source: Form D, filed Jan 30, 2014. 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

PARALLAX CAPITAL PARTNERS LP

Investment adviser: PARALLAX INVESTMENTS, LLC

Gross asset value
$8.51M
Beneficial owners
41
ADV minimum commitment
$100K

Reported in Form ADV on Oct 31, 2012. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor PMB HELIN DONOVAN HOUSTON, Texas, United States
Custodian SOUTHWEST SECURITIES, INC. DALLAS, Texas, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

SOUTHWEST SECURITIES, INC.
SEC 8-45123

Filing source

Form ADV 677592 · Oct 31, 2012 · Schedule D 7.B.(1), fund 805-9256690785

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
John Paul Bott Executive
John Paul Bott Ii Executive, Promoter
N/A Parallax Capital, L.P. Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
5718 Westheimer Suite 955
Houston, TX, 77057