Form D · Hedge Fund

Risk Parity Multi-Asset Fund-HV, a series of The PanAgora Group Trust

Boston, MA · CIK 0001616167

Offering snapshot reported Dec 1, 2025 · SEC filing

Reported sold
$714M
Indefinite offering
Investors reported
5
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Jul 30, 2014
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$357M$714MDec 1, 2023: $713,760,409.00Dec 1, 2023Nov 29, 2024: $713,760,409.00Nov 29, 2024Dec 1, 2025: $713,760,409.00Dec 1, 2025

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

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Dec 1, 2025Amendment$713,760,409$0vs Nov 29, 20245SEC filing
Nov 29, 2024Amendment$713,760,409$0vs Dec 1, 20235SEC filing
Dec 1, 2023Initial$713,760,409No comparison5SEC filing
Dec 2, 2022Amendment$689,710,409$236,645,409vs Dec 2, 20215SEC filing
Dec 2, 2021Amendment$453,065,000$0vs Dec 2, 20205SEC filing
Dec 2, 2020Amendment$453,065,000$149,250,000vs Dec 2, 20195SEC filing
Dec 2, 2019Amendment$303,815,000$2,700,000vs Dec 12, 20184SEC filing
Dec 12, 2018Amendment$301,115,000$3,115,000vs Jul 19, 20183SEC filing
Jul 19, 2018Amendment$298,000,000$12,500,000vs Jul 25, 20172SEC filing
Jul 25, 2017Amendment$285,500,000$20,000,000vs Jul 29, 20161SEC filing
Jul 29, 2016Amendment$265,500,000$50,000,000vs Jan 14, 20161SEC filing
Jan 14, 2016Amendment$215,500,000$0vs Aug 6, 20151SEC filing
Aug 6, 2015Amendment$215,500,000$177,500,000vs Aug 8, 20141SEC filing
Aug 8, 2014Initial$38,000,000No comparison1SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0 (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-498569

Source: Form D, filed Dec 1, 2025. 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

RISK PARITY MULTI-ASSET FUND-HV

Investment adviser: PANAGORA ASSET MANAGEMENT INC

Gross asset value
$109M
Beneficial owners
1
ADV minimum commitment
$0

Reported in Form ADV on Mar 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator THE BANK OF NEW YORK MELLON EVERETT, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor DELOITTE & TOUCHE, LLP BOSTON, Massachusetts, United States
Custodian THE BANK OF NEW YORK MELLON EVERETT, Massachusetts, 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

DELOITTE & TOUCHE, LLP
PCAOB 34

Filing source

Form ADV 2083516 · Mar 30, 2026 · Schedule D 7.B.(1), fund 805-4675539468

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
Yutaka Ideguchi Director
Louis Xavier Iglesias Executive
Keisuke Kawasaki Director
George Deckey Mussalli Executive
Robert Jeffery Orr Director
N/A Pan Agora Asset Management, Inc. Promoter
Edward Enping Qian Executive
Robert Lloyd Reynolds Director
Eric Hevering Sorensen Executive
Paul Sutton Executive
N/A The Bank Of New York Mellon Director
Richard B. Tibbetts Director
Gregory Dennis Tretiak Director
Michael H. Turpin Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
One International Place, 24 Th Floor
Boston, MA, 02110