Form D · Hedge Fund

PLATINUM U S TAX EXEMPT FUND

Hamilton, D0 · CIK 0001349963

Offering snapshot reported Nov 10, 2016 · SEC filing

Reported sold: $62.4M
Investors reported: 24
Minimum accepted: $250K
First sale: Jan 1, 2006

Fundraising history

Reported sold

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$73,064,000 → $62,439,000
Reported investors32 → 24

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Nov 10, 2016	Amendment	$62,439,000	-$10,625,000vs Oct 30, 2015	24	SEC filing
Oct 30, 2015	Amendment	$73,064,000	-$8,162,000vs Oct 30, 2014	32	SEC filing
Oct 30, 2014	Amendment	$81,226,000	$8,198,000vs Oct 2, 2013	31	SEC filing
Oct 2, 2013	Amendment	$73,028,000	$8,301,000vs Nov 7, 2012	30	SEC filing
Nov 7, 2012	Amendment	$64,727,000	$4,852,000vs Oct 26, 2011	32	SEC filing
Oct 26, 2011	Amendment	$59,875,000	$44,319,000vs Nov 3, 2010	32	SEC filing
Nov 3, 2010	Amendment	$15,556,000	$984,870vs Sep 30, 2010	29	SEC filing
Sep 30, 2010	Initial	$14,571,130	No comparison	28	SEC filing
Jan 12, 2006	Paper	Not reported	No comparison	Not reported	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $574K
Finders' fees: $0
Form D file number: 021-148339

"Total Amount Sold" represents the total amount outstanding as of the date of this filing in reliance on the Regulation D exemption. The original Form D was filed by paper in January 2006.

The amount of sales commission represents the portion of management and incentive fees paid to BNY Mellon, N.A. to date.

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
BNY Mellon, N.A.	None
Optima Securities LLC	16881

Source: Form D, filed Nov 10, 2016. 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

THE PLATINUM U.S. TAX EXEMPT FUND

Investment adviser: PLATINUM INVESTMENT MANAGEMENT LIMITED

Gross asset value: $9.86M
Beneficial owners: 21
ADV minimum commitment: $250K

Reported in Form ADV on Sep 18, 2017. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator MUFG FUND SERVICES LIMITED PEMBROKE, Bermuda Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE GEORGE TOWN, Cayman Islands

Custodian HSBC INSTITUTIONAL TRUST SERVICES (BERMUDA) LIMITED HAMILTON, Bermuda Related to adviser: No

Marketer OPTIMA MANAGEMENT PARTNERS L.P. NEW YORK, New York, United States Related to adviser: No

Marketer OPTIMA SECURITIES LLC 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

OPTIMA SECURITIES LLC
CRD 168881 · SEC 8-69337

Filing source

Form ADV 1140440 · Sep 18, 2017 · Schedule D 7.B.(1), fund 805-6194692887

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
Name	Reported role
Optima Fund Management Limited Partnership	Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

73 Front Street
Hamilton, D0, HM12