Form D · Hedge Fund

Polaris Masters Multi-Strategy Fund #1 LLC

Johns Island, SC · CIK 0001544266

Offering snapshot reported Sep 10, 2019 · SEC filing

Reported sold
$22.5M
Indefinite offering
Investors reported
6
Form D · investor count
Minimum accepted
$250K
Reported outside-investor minimum
First sale
Mar 1, 2012
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$11.3M$22.5MMar 22, 2012: $10,000,000.00Mar 22, 2012Mar 21, 2013: $10,000,000.00Sep 26, 2013: $12,300,000.00Sep 5, 2014: $15,050,000.00Sep 8, 2015: $18,630,000.00Sep 8, 2016: $22,523,740.00Sep 8, 2017: $22,523,740.00Sep 10, 2018: $22,523,740.00Sep 10, 2019: $22,523,740.00Sep 10, 2019

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
Sep 10, 2019Amendment$22,523,740$0vs Sep 10, 20186SEC filing
Sep 10, 2018Amendment$22,523,740$0vs Sep 8, 20176SEC filing
Sep 8, 2017Amendment$22,523,740$0vs Sep 8, 20166SEC filing
Sep 8, 2016Amendment$22,523,740$3,893,740vs Sep 8, 20156SEC filing
Sep 8, 2015Amendment$18,630,000$3,580,000vs Sep 5, 20145SEC filing
Sep 5, 2014Amendment$15,050,000$2,750,000vs Sep 26, 20134SEC filing
Sep 26, 2013Amendment$12,300,000$2,300,000vs Mar 21, 20132SEC filing
Mar 21, 2013Amendment$10,000,000$0vs Mar 22, 20122SEC filing
Mar 22, 2012Initial$10,000,000No comparison2SEC 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
021-175384

Source: Form D, filed Sep 10, 2019. 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

POLARIS MASTERS MULTI-STRATEGY FUND #1 LLC

Investment adviser: POLARIS INVESTMENT PARTNERS, INC

Gross asset value
$17.4M
Beneficial owners
1
ADV minimum commitment
$100K

Reported in Form ADV on Sep 12, 2018. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator CORTLAND FUND SERVICES LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ELLIOTT DAVIS LLC CHATTANOOGA, Tennessee, United States
Custodian KEYBANK, N.A. CLEVELAND, Ohio, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ELLIOTT DAVIS LLC
PCAOB 149

Filing source

Form ADV 1234873 · Sep 12, 2018 · Schedule D 7.B.(1), fund 805-1052197769

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
Roy H. Callahan, Jr. Executive
John C. Pernell, Jr. Executive
N/A Polaris Investment Partners, Inc. Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
30 Fenwick Hall Allee
Johns Island, SC, 29455