Form D · Hedge Fund

SANDALWOOD DEBT FUND B, L.P.

Roseland, NJ · CIK 0001163906

Offering snapshot reported Mar 25, 2026 · SEC filing

Reported sold
$1.2B
Indefinite offering
Investors reported
567
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Oct 1, 2001
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$599M$1.2BMar 9, 2012: $1,176,096,841.00Mar 9, 2012Mar 11, 2013: $1,176,096,841.00Mar 28, 2014: $1,184,308,342.00Mar 30, 2015: $1,191,558,342.00Mar 31, 2016: $1,194,256,561.00Mar 30, 2017: $1,195,256,561.00Mar 30, 2018: $1,196,108,637.00Mar 29, 2019: $1,196,108,637.00Mar 31, 2020: $1,196,108,637.00Mar 23, 2021: $1,196,108,637.00Mar 22, 2022: $1,198,475,935.00Mar 23, 2023: $1,198,475,935.00Mar 25, 2024: $1,198,475,935.00Mar 25, 2025: $1,198,475,935.00Mar 25, 2026: $1,198,475,935.00Mar 25, 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$1,176,096,841 → $1,198,475,935
  • Reported investors543 → 567
  • Minimum accepted$1,000,000 → $0

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 25, 2026Amendment$1,198,475,935$22,379,094vs Mar 9, 2012567SEC filing
Mar 25, 2025Amendment$1,198,475,935$22,379,094vs Mar 9, 2012567SEC filing
Mar 25, 2024Amendment$1,198,475,935$22,379,094vs Mar 9, 2012567SEC filing
Mar 23, 2023Amendment$1,198,475,935$22,379,094vs Mar 9, 2012567SEC filing
Mar 22, 2022Amendment$1,198,475,935$2,367,298vs Mar 23, 2021567SEC filing
Mar 23, 2021Amendment$1,196,108,637$0vs Mar 31, 2020564SEC filing
Mar 31, 2020Amendment$1,196,108,637$0vs Mar 29, 2019564SEC filing
Mar 29, 2019Amendment$1,196,108,637$0vs Mar 30, 2018564SEC filing
Mar 30, 2018Amendment$1,196,108,637$852,076vs Mar 30, 2017564SEC filing
Mar 30, 2017Amendment$1,195,256,561$1,000,000vs Mar 31, 2016563SEC filing
Mar 31, 2016Amendment$1,194,256,561$2,698,219vs Mar 30, 2015562SEC filing
Mar 30, 2015Amendment$1,191,558,342$7,250,000vs Mar 28, 2014555SEC filing
Mar 28, 2014Amendment$1,184,308,342$8,211,501vs Mar 11, 2013552SEC filing
Mar 11, 2013Amendment$1,176,096,841$0vs Mar 9, 2012543SEC filing
Mar 9, 2012Initial$1,176,096,841No comparison543SEC filing
Mar 8, 2011Amendment$1,174,692,234$1,174,395,001vs Mar 15, 2010537SEC filing
Mar 15, 2010Amendment$297,233-$786,783,405vs May 28, 2009536SEC filing
May 28, 2009Amendment$787,080,638No comparisonNot reportedSEC filing
Mar 13, 2009Initial$787,080,638No comparisonNot reportedSEC 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
021-174609

Source: Form D, filed Mar 25, 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

SANDALWOOD DEBT FUND B LP

Investment adviser: SANDALWOOD SECURITIES, INC.

Gross asset value
$46.4M
Beneficial owners
31
ADV minimum commitment
$1M

Reported in Form ADV on Mar 19, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator CITCO FUND ADMINISTRATION LIMITED CAMANA BAY, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS,LLP NY, New York, United States
Custodian PNC BANK,NA PITTSBURGH, Pennsylvania, United States Related to adviser: No
Custodian UBS FINANCIAL SERVICES SHORT HILLS, New Jersey, 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

PRICEWATERHOUSECOOPERS,LLP
PCAOB 238

Filing source

Form ADV 2064238 · Mar 19, 2026 · Schedule D 7.B.(1), fund 805-1556727394

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
Sandalwood Associates Inc. Promoter
Martin J. Gross Executive
N/A N/A Sandalwood Associates I, Inc. Executive
Sandalwood Associates I, Inc. Executive
N/A N/A Sandalwood Securities Inc. Executive
Sandalwood Securities Inc. Executive
Sandalwood Securities Inc. Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
101 Eisenhower Parkway
Roseland, NJ, 07608