Form D · Hedge Fund

PENN CONVERTIBLE FUND LP

Philadelphia, PA · CIK 0001460893

Offering snapshot reported Dec 14, 2018 · SEC filing

Reported sold
$9.47M
Indefinite offering
Investors reported
46
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Feb 2, 2004
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$8.36M$16.7MMar 18, 2009Mar 12, 2010: $2,449,650.00Mar 14, 2011: $4,265,356.00Mar 15, 2012: $12,309,666.00Mar 15, 2013: $13,017,541.00Mar 17, 2014: $15,118,262.00Mar 16, 2015: $16,614,471.00Mar 10, 2016: $16,720,598.00Dec 27, 2016: $9,466,476.00Dec 26, 2017: $9,466,476.00Dec 14, 2018: $9,466,476.00Dec 14, 2018

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
Dec 14, 2018Amendment$9,466,476$0vs Dec 26, 201746SEC filing
Dec 26, 2017Amendment$9,466,476$0vs Dec 27, 201646SEC filing
Dec 27, 2016Amendment$9,466,476-$7,254,122vs Mar 10, 201646SEC filing
Mar 10, 2016Amendment$16,720,598$106,127vs Mar 16, 201546SEC filing
Mar 16, 2015Amendment$16,614,471$1,496,209vs Mar 17, 201446SEC filing
Mar 17, 2014Amendment$15,118,262$2,100,721vs Mar 15, 201340SEC filing
Mar 15, 2013Amendment$13,017,541$707,875vs Mar 15, 201229SEC filing
Mar 15, 2012Amendment$12,309,666$8,044,310vs Mar 14, 201124SEC filing
Mar 14, 2011Amendment$4,265,356$1,815,706vs Mar 12, 201023SEC filing
Mar 12, 2010Amendment$2,449,650No comparison18SEC filing
Mar 18, 2009PaperNot reportedNo comparisonNot reportedSEC filing
Mar 18, 2009PaperNot reportedNo comparisonNot reportedSEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$147K (estimated)
Finders' fees
$0
Form D file number
021-129776

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
SMH Capital Inc.20580
VSR Financial Services Incorporated14503
Carol LefcourtNone
Brinker Capital38123
Carlyle Wealth ManagementNone
Strategic Financial Alliance Inc.126514

Source: Form D, filed Dec 14, 2018. 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

PENN CONVERTIBLE FUND LP

Investment adviser: PENN CAPITAL MANAGEMENT COMPANY, LLC

Gross asset value
$2.72M
Beneficial owners
19
ADV minimum commitment
$1M

Reported in Form ADV on Mar 29, 2019. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator US BANCORP FUND SERVICES, LLC MILWAUKEE, Wisconsin, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor EISNERAMPER LLP PHILADELPHIA, Pennsylvania, United States
Custodian U.S. BANK INSTITUTIONAL TRUST & CUSTODY CINCINNATI, Ohio, United States Related to adviser: No
Marketer THE STRATEGIC FINANCIAL ALLIANCE ATLANTA, Georgia, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

EISNERAMPER LLP
PCAOB 274

THE STRATEGIC FINANCIAL ALLIANCE
CRD 126514 · SEC 801-62226

Filing source

Form ADV 1293986 · Mar 29, 2019 · Schedule D 7.B.(1), fund 805-8903989421

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
Eric J. Green Executive
Richard A. Hocker Director, Executive
Marcia A. Hocker Director, Executive
Kimberly A. Hocker Director
Kirsten A. Hocker Director, Executive
Kimberley A. Hocker Director
Gerald Mc Bride Director, Executive
Peter Moran Executive
Christian M. Noyes Executive
Scott D. Schumacher Director, Executive
Scott D. Schumacher, Sr. Executive
Jorge Paulo Silva Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
1200 Intrepid Avenue Suite 400
Philadelphia, PA, 19112