Form D · Hedge Fund

Salient MLP Fund, L.P.

Houston, TX · CIK 0001415987

Offering snapshot reported Jun 3, 2020 · SEC filing

Reported sold
$269M
Indefinite offering
Investors reported
332
Form D · investor count
Minimum accepted
$250K
Reported outside-investor minimum
First sale
Oct 1, 2007
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$138M$275MApr 23, 2009: $35,804,000.00Apr 23, 2009Apr 22, 2010: $46,345,000.00Jan 3, 2011: $58,292,000.00Mar 12, 2012: $112,699,930.00May 2, 2012: $114,459,880.00May 2, 2012: $114,459,880.00Jan 15, 2013: $159,549,967.00Mar 14, 2013: $162,942,286.00May 14, 2013: $171,380,728.00Aug 16, 2013: $180,041,728.00Dec 16, 2013: $188,269,128.00Jan 16, 2014: $196,171,728.00Apr 15, 2014: $210,698,663.00May 14, 2014: $213,936,401.00Nov 17, 2014: $238,388,802.00May 13, 2015: $255,257,365.00May 13, 2016: $275,287,652.00Jun 7, 2017: $268,206,807.00Jun 8, 2018: $268,206,807.00Jun 6, 2019: $268,571,807.00Jun 3, 2020: $268,571,807.00Jun 3, 2020

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
Jun 3, 2020Amendment$268,571,807$0vs Jun 6, 2019332SEC filing
Jun 6, 2019Amendment$268,571,807$365,000vs Jun 8, 2018332SEC filing
Jun 8, 2018Amendment$268,206,807$0vs Jun 7, 2017331SEC filing
Jun 7, 2017Amendment$268,206,807-$7,080,845vs May 13, 2016331SEC filing
May 13, 2016Amendment$275,287,652$20,030,287vs May 13, 2015263SEC filing
May 13, 2015Amendment$255,257,365$16,868,563vs Nov 17, 2014275SEC filing
Nov 17, 2014Amendment$238,388,802$24,452,401vs May 14, 2014268SEC filing
May 14, 2014Amendment$213,936,401$3,237,738vs Apr 15, 2014246SEC filing
Apr 15, 2014Amendment$210,698,663$14,526,935vs Jan 16, 2014237SEC filing
Jan 16, 2014Amendment$196,171,728$16,130,000vs Aug 16, 2013216SEC filing
Dec 16, 2013Amendment$188,269,128$8,227,400vs Aug 16, 2013217SEC filing
Aug 16, 2013Amendment$180,041,728$8,661,000vs May 14, 2013204SEC filing
May 14, 2013Amendment$171,380,728$8,438,442vs Mar 14, 2013190SEC filing
Mar 14, 2013Amendment$162,942,286$3,392,319vs Jan 15, 2013186SEC filing
Jan 15, 2013Amendment$159,549,967$45,090,087vs May 2, 2012171SEC filing
May 2, 2012Amendment$114,459,880$1,759,950vs Mar 12, 2012179SEC filing
May 2, 2012Amendment$114,459,880$1,759,950vs Mar 12, 2012179SEC filing
Mar 12, 2012Amendment$112,699,930$54,407,930vs Jan 3, 2011165SEC filing
Jan 3, 2011Amendment$58,292,000$11,947,000vs Apr 22, 201091SEC filing
Apr 22, 2010Amendment$46,345,000$10,541,000vs Apr 23, 200966SEC filing
Apr 23, 2009Amendment$35,804,000No comparisonNot reportedSEC filing
Oct 18, 2007PaperNot reportedNo comparisonNot reportedSEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$1.35M (estimated)
Finders' fees
$0
Form D file number
021-110053

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Phillip M. Plant364393Herndon Plant Oakley, Ltd · CRD 44971
N/ANoneApplied Capital LLC · CRD 166316
Luke Powell2605657Gordian Investments LLC · CRD 158611
Hightower Securities, LLC116681

Source: Form D, filed Jun 3, 2020. 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

SALIENT MLP FUND, L.P.

Investment adviser: SALIENT CAPITAL ADVISORS, LLC

Gross asset value
$48.8M
Beneficial owners
60
ADV minimum commitment
$250K

Reported in Form ADV on Nov 5, 2020. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C TECHNOLOGIES, INC. IRVING, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BKD, LLP DALLAS, Texas, United States
Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No
Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No
Marketer BEL AIR SECURITIES LLC LOS ANGELES, California, United States Related to adviser: No
Marketer FIELDPOINT PRIVATE SECURITIES LLC GREENWICH, Connecticut, United States Related to adviser: No
Marketer FNEX CAPITAL, LLC INDIANAPOLIS, Indiana, United States Related to adviser: No
Marketer HERNDON PLANT OAKLEY LTD CORPUS CHRISTI, Texas, United States Related to adviser: No
Marketer HIGHTOWER SECURITIES, LLC CHICAGO, Illinois, United States Related to adviser: No
Marketer SALIENT CAPITAL L.P. HOUSTON, Texas, United States Related to adviser: Yes
Marketer USCA SECURITIES LLC HOUSTON, Texas, United States Related to adviser: No
Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States
Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

BKD, LLP
PCAOB 686

GOLDMAN SACHS & CO. LLC
SEC 8-129

MORGAN STANLEY & CO. LLC
SEC 8-15869

BEL AIR SECURITIES LLC
CRD 134953 · SEC 8-66875

FIELDPOINT PRIVATE SECURITIES LLC
CRD 18975 · SEC 801-78295

FNEX CAPITAL, LLC
CRD 166316 · SEC 8-69199

HERNDON PLANT OAKLEY LTD
CRD 44971 · SEC 801-55675

HIGHTOWER SECURITIES, LLC
CRD 116681 · SEC 8-53560

SALIENT CAPITAL L.P.
CRD 147912 · SEC 8-67938

USCA SECURITIES LLC
CRD 103789 · SEC 8-52285

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Filing source

Form ADV 1466282 · Nov 5, 2020 · Schedule D 7.B.(1), fund 805-3926304491

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
Paul Bachtold Executive
Kristen Bayazitoglu Executive
John Blaisdell Executive
Cole Dawson Executive
Ted Gardner Executive
F. Theodore Gardner, Iii Executive
Steven Greenwald Executive
Jeremy Radcliffe Executive
Gary Ran Executive
N/A Rdg Capital Management Llc Executive
Gp Lp Rdg Mlp Fund Executive
N/A Rdg Mlp Fund Gp Lp Executive
Gregory A. Reid Executive
James Robinson Executive
Fund Gp, Llc Telemus Income Opportunity Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
4265 San Felipe Suite 800
Houston, TX, 77027