Form D · Hedge Fund
Parsec Trading Corp.
Pembroke, D0 · CIK 0001474502
Offering snapshot reported Nov 13, 2017 · SEC filing
- Reported sold
- $1.14B Indefinite offering
- Investors reported
- 50 Form D · investor count
- Minimum accepted
- $5M Reported outside-investor minimum
- First sale
- Jul 1, 2009 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$643,549,969 → $1,144,396,438
- Reported investors45 → 50
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Nov 13, 2017 | Amendment | $1,144,396,438 | $500,846,469vs Nov 10, 2016 | 50 | SEC filing |
| Nov 10, 2016 | Amendment | $643,549,969 | $95,002,219vs Nov 20, 2015 | 45 | SEC filing |
| Nov 20, 2015 | Amendment | $548,547,750 | $88,550,000vs Nov 21, 2014 | 33 | SEC filing |
| Nov 21, 2014 | Amendment | $459,997,750 | $145,480,001vs Nov 22, 2013 | 28 | SEC filing |
| Nov 22, 2013 | Amendment | $314,517,749 | $90,882,844vs Nov 28, 2012 | 23 | SEC filing |
| Nov 28, 2012 | Amendment | $223,634,905 | $3,049,999vs Oct 12, 2012 | 17 | SEC filing |
| Oct 12, 2012 | Amendment | $220,584,906 | $0vs Oct 11, 2012 | 17 | SEC filing |
| Oct 11, 2012 | Amendment | $220,584,906 | $69,191,207vs Oct 3, 2011 | 17 | SEC filing |
| Oct 3, 2011 | Amendment | $151,393,699 | $115,000,000vs Oct 7, 2010 | 12 | SEC filing |
| Oct 7, 2010 | Amendment | $36,393,699 | $7,500,000vs Oct 15, 2009 | 9 | SEC filing |
| Oct 15, 2009 | Initial | $28,893,699 | No comparison | 5 | 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
- 021-135341
Source: Form D, filed Nov 13, 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
PARSEC TRADING CORP.
Investment adviser: WATERMARK GROUP, INC.
- Gross asset value
- $1.51B
- Beneficial owners
- 45
- ADV minimum commitment
- $5M
Reported in Form ADV on Apr 1, 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
ERNST & YOUNG LLP
PCAOB 42
BARCLAYS CAPITAL INC.
SEC 8-41342
BNP PARIBAS, ACTING THROUGH ITS NEW YORK BRANCH
LEI R0MUWSFPU8MPRO8K5P
CITIGROUP GLOBAL MARKETS INC.
SEC 8-8177
DEUTSCHE BANK SECURITIES INC.
SEC 8-17822
DEUTSCHE BANK TRUST COMPANY AMERICAS
LEI 8EWQ2UQKS07AKK8ANH81
GOLDMAN SACHS BANK USA
LEI KD3XUN7C6T14HNAYLU02
J.P. MORGAN CHASE BANK, NA
LEI 7H6GLXDRUGQFU57RNE97
MORGAN STANLEY & CO. LLC
SEC 8-15869
RBC CAPITAL MARKETS, LLC
SEC 8-45411
WELLS FARGO, N.A.
LEI KB1H1DSPRFMYMCUFXT0
WELLS FARGO SECURITIES, LLC
SEC 8-65876
Filing source
Form ADV 2090659 · Apr 1, 2026 · Schedule D 7.B.(1), fund 805-7713243284
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 |
|---|---|
| Jonathan C. Clipper | Director |
| Jeffrey Conyers | Director |
| Clarendon H. Masters | Director |
| Arthur C. Price | Director |
| Michael Schorter | Director |
| Michael Schroter | Director |
| Dougin Walker | Director |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Pembroke, D0, HM 08