Form D · Private Equity Fund

Portfolio Advisors Secondary Fund IV, L.P.

Darien, CT · CIK 0001799376

Offering snapshot reported Jan 19, 2022 · SEC filing

Reported sold
$2.67B
Indefinite offering
Investors reported
233
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Dec 31, 2019
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$1.33B$2.67BJan 14, 2020: $377,744,000.00Jan 14, 2020Jan 14, 2021: $1,061,008,624.00Jan 14, 2021: $1,061,008,624.00Apr 30, 2021: $1,097,784,950.00Oct 27, 2021: $2,459,203,532.00Dec 17, 2021: $2,564,209,532.00Jan 19, 2022: $2,669,898,532.00Jan 19, 2022

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$2,564,209,532 → $2,669,898,532
  • Reported investors222 → 233

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jan 19, 2022Amendment$2,669,898,532$105,689,000vs Dec 17, 2021233SEC filing
Dec 17, 2021Amendment$2,564,209,532$105,006,000vs Oct 27, 2021222SEC filing
Oct 27, 2021Amendment$2,459,203,532$1,361,418,582vs Apr 30, 2021211SEC filing
Apr 30, 2021Amendment$1,097,784,950$36,776,326vs Jan 14, 2021163SEC filing
Jan 14, 2021Amendment$1,061,008,624$683,264,624vs Jan 14, 2020136SEC filing
Jan 14, 2021Amendment$1,061,008,624$683,264,624vs Jan 14, 2020136SEC filing
Jan 14, 2020Initial$377,744,000No comparison20SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$949K
Finders' fees
$0
Form D file number
021-358020

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Lytton Financial Inc.None
Proaltus Capital Advisors LimitedNone

Source: Form D, filed Jan 19, 2022. 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

PORTFOLIO ADVISORS SECONDARY FUND IV, LP

Investment adviser: PORTFOLIO ADVISORS LLC

Gross asset value
$2.4B
Beneficial owners
402
ADV minimum commitment
$5M

Reported in Form ADV on Mar 27, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator AD CARTA, LLC DARIEN, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor GRANT THORNTON LLP NEW YORK, New York, United States
Custodian ALEX BROWN A DIVISION OF RAYMOND JAMES BALTIMORE, Maryland, United States Related to adviser: No
Custodian BANK OF AMERICA STAMFORD, Connecticut, United States Related to adviser: No
Custodian SILICON VALLEY BANK SANTA CLARA, California, United States Related to adviser: No
Marketer LYTTON FINANCIAL INC. TORONTO, Canada Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

GRANT THORNTON LLP
PCAOB 248

Filing source

Form ADV 2070706 · Mar 27, 2026 · Schedule D 7.B.(1), fund 805-6848332443

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
William J. Indelicato Executive
N/A Pasf Iv (Gp), Llc Promoter
N/A Portfolio Advisors, Llc Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
9 Old Kings Highway South
Darien, CT, 06820