Form D · Private Equity Fund

Parliament High Yield Fund, LLC

San Juan, PR · CIK 0001642732

Offering snapshot reported May 19, 2017 · SEC filing

Reported sold
$45.2M
Offering amount: $50M
Investors reported
77
Form D · investor count
Minimum accepted
$250K
Reported outside-investor minimum
First sale
May 20, 2015
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$22.6M$45.2MMay 19, 2017: $45,150,000.00May 19, 2017May 19, 2017: $45,150,000.00May 19, 2017

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
May 19, 2017Initial$45,150,000No comparison77SEC filing
May 19, 2017Amendment$45,150,000$0vs May 19, 201777SEC filing
Sep 7, 2016Amendment$23,935,000$8,435,000vs Dec 9, 201547SEC filing
Dec 9, 2015Amendment$15,500,000$5,500,000vs May 28, 201531SEC filing
May 28, 2015Initial$10,000,000No comparison19SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-287142

Source: Form D, filed May 19, 2017. 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

PARLIAMENT HIGH YIELD FUND, LLC

Investment adviser: PARLIAMENT CAPITAL MANAGEMENT, LLC

Gross asset value
$11.2M
Beneficial owners
87
ADV minimum commitment
$250K

Reported in Form ADV on Apr 30, 2025. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor DRIVEN PSC GUAYNABO, Puerto Rico, United States
Custodian ORIENTAL BANK SAN JUAN, Puerto Rico, 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

DRIVEN PSC
PCAOB 6817

Filing source

Form ADV 1985031 · Apr 30, 2025 · Schedule D 7.B.(1), fund 805-6679626430

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
Luis Cabrera Promoter
Jose Otero Promoter
Rodolfo Sanchez Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
221 Ponce De Leon Ave. Suite 801
San Juan, PR, 00919