Form D · Other Investment Fund

Proteus Series Feeder Fund I, LLC - Shavano Fund

Indianapolis, IN · CIK 0001992873

Offering snapshot reported May 19, 2026 · SEC filing

Reported sold
$36.9M
Indefinite offering
Investors reported
23
Form D · investor count
Minimum accepted
$250K
Reported outside-investor minimum
First sale
Sep 12, 2023
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$22.5M$45MSep 8, 2025: $44,908,977.00Sep 8, 2025Nov 13, 2025: $45,008,977.00Nov 13, 2025May 19, 2026: $39,916,104.00May 19, 2026: $36,895,000.00May 19, 2026

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$39,916,104 → $36,895,000

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
May 19, 2026Amendment$36,895,000-$3,021,104vs May 19, 202623SEC filing
May 19, 2026Amendment$39,916,104-$5,092,873vs Nov 13, 202523SEC filing
Nov 13, 2025Amendment$45,008,977$100,000vs Sep 8, 202522SEC filing
Sep 8, 2025Amendment$35,445,000No comparisonNot reportedSEC filing
Sep 8, 2025Amendment$44,908,977No comparisonNot reportedSEC filing
Sep 10, 2024Amendment$33,325,000$31,175,000vs Sep 25, 202316SEC filing
Sep 25, 2023Initial$2,150,000No comparison1SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-492909
Incorrect amount was entered in prior amendment (also dated 5/19/26)

Source: Form D, filed May 19, 2026. 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

PROTEUS SERIES FEEDER FUND I, LLC - SHAVANO FUND

Investment adviser: NILSINE PARTNERS, LLC

Gross asset value
$32.4M
Beneficial owners
21
ADV minimum commitment
$250K

Reported in Form ADV on Mar 24, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator PROTEUS FINANCIAL SOLUTIONS, LLC INDIANAPOLIS, Indiana, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KATZ SAPPER & MILLER INDIANAPOLIS, Indiana, United States
Custodian CIBC BANK USA CHICAGO, Illinois, 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

KATZ SAPPER & MILLER
PCAOB 2804

CIBC BANK USA
LEI B4TYDEB6GKMZO031MB27

Filing source

Form ADV 2039750 · Mar 24, 2026 · Schedule D 7.B.(1), fund 805-2571341417

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
Cheryl A Ackerman Director, Executive, Promoter
Jason C Brown Director, Executive, Promoter
Molly C Herendeen Executive
Anya M Janeway Executive
Eric G Knauss Director, Executive, Promoter
Ryan M Laughon Director, Executive, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
510 E. 96 Th Street Suite 400
Indianapolis, IN, 46240