Form D · Other Investment Fund

PENN SHORT DURATION HIGH YIELD FUND, L.P.

Philadelphia, PA · CIK 0001517412

Offering snapshot reported Apr 26, 2021 · SEC filing

Reported sold
$52.1M
Indefinite offering
Investors reported
34
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Apr 1, 2011
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$26.1M$52.1MApr 12, 2011: $3,757,000.00Apr 12, 2011Mar 15, 2012: $3,792,081.00Mar 15, 2013: $21,853,647.00Mar 17, 2014: $33,668,647.00Mar 16, 2015: $33,718,647.00Mar 11, 2016: $41,843,312.00Dec 27, 2016: $47,665,312.00Dec 26, 2017: $47,774,694.00Dec 14, 2018: $48,824,694.00Dec 9, 2019: $49,904,694.00Apr 26, 2021: $52,114,694.00Apr 26, 2021

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$49,904,694 → $52,114,694

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Apr 26, 2021Amendment$52,114,694$2,210,000vs Dec 9, 201934SEC filing
Dec 9, 2019Amendment$49,904,694$1,080,000vs Dec 14, 201834SEC filing
Dec 14, 2018Amendment$48,824,694$1,050,000vs Dec 26, 201734SEC filing
Dec 26, 2017Amendment$47,774,694$109,382vs Dec 27, 201634SEC filing
Dec 27, 2016Amendment$47,665,312$5,822,000vs Mar 11, 201634SEC filing
Mar 11, 2016Amendment$41,843,312$8,124,665vs Mar 16, 201533SEC filing
Mar 16, 2015Amendment$33,718,647$50,000vs Mar 17, 201431SEC filing
Mar 17, 2014Amendment$33,668,647$11,815,000vs Mar 15, 201330SEC filing
Mar 15, 2013Amendment$21,853,647$18,061,566vs Mar 15, 201224SEC filing
Mar 15, 2012Amendment$3,792,081$35,081vs Apr 12, 201113SEC filing
Apr 12, 2011Initial$3,757,000No comparison12SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$12.6K (estimated)
Finders' fees
$0
Form D file number
021-158196

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Joseph Grace Holdings Inc.103580

Source: Form D, filed Apr 26, 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

PENN SHORT DURATION HIGH YIELD FUND, L.P.

Investment adviser: PENN CAPITAL MANAGEMENT COMPANY, LLC

Gross asset value
$33.8M
Beneficial owners
12
ADV minimum commitment
$1M

Reported in Form ADV on Aug 11, 2021. 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 JOSEPH GRACE HOLDINGS, INC. NEW YORK, New York, 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

JOSEPH GRACE HOLDINGS, INC.
CRD 103580

Filing source

Form ADV 1557873 · Aug 11, 2021 · Schedule D 7.B.(1), fund 805-8814755363

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
Peter Duffy Executive
Eric J. Green Executive
Kimberly A. Hocker Director
Kristin A. Hocker Director
Richard A. Hocker Executive
Marcia A. Hocker Executive
Kimberley A. Hocker Director
Kirsten A. Hocker Executive
Martin Keane Executive
Joseph Maguire Executive
Lisa Matson Executive
Gerald Mc Bride Executive
Joseph Mc Donnell Executive
Peter Moran Executive
Christian M. Noyes Executive
Scott S. Schumacher Director, Executive
Scott S. 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