Form D · Hedge Fund

SANDALWOOD OVERSEAS FUND SPC LTD

Grand Cayman, E9 · CIK 0001209024

Offering snapshot reported Mar 25, 2026 · SEC filing

Reported sold
$455M
Indefinite offering
Investors reported
228
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
May 1, 2002
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$227M$455MMar 9, 2012: $411,269,990.00Mar 9, 2012Mar 11, 2013: $412,594,990.00Mar 28, 2014: $424,990,346.00Mar 30, 2015: $429,895,703.00Mar 31, 2016: $430,595,703.00Mar 30, 2017: $433,030,703.00Mar 30, 2018: $434,280,703.00Mar 29, 2019: $440,680,703.00Jul 3, 2019: $443,680,703.00Mar 31, 2020: $443,680,703.00Mar 23, 2021: $443,680,703.00Mar 22, 2022: $444,838,551.00Mar 25, 2024: $444,900,676.00Mar 25, 2025: $451,674,101.00Mar 25, 2026: $454,574,101.00Mar 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$411,269,990 → $454,574,101
  • Reported investors184 → 228
  • Minimum accepted$1,000,000 → $100,000

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 25, 2026Amendment$454,574,101$43,304,111vs Mar 9, 2012228SEC filing
Mar 25, 2025Amendment$451,674,101$40,404,111vs Mar 9, 2012226SEC filing
Mar 25, 2024Amendment$444,900,676$33,630,686vs Mar 9, 2012222SEC filing
Mar 23, 2023Amendment$444,900,677$221,034,512vs Mar 13, 2009222SEC filing
Mar 22, 2022Amendment$444,838,551$1,157,848vs Mar 23, 2021221SEC filing
Mar 23, 2021Amendment$443,680,703$0vs Mar 31, 2020221SEC filing
Mar 31, 2020Amendment$443,680,703$0vs Jul 3, 2019221SEC filing
Jul 3, 2019Amendment$443,680,703$3,000,000vs Mar 29, 2019220SEC filing
Mar 29, 2019Amendment$440,680,703$6,400,000vs Mar 30, 2018220SEC filing
Mar 30, 2018Amendment$434,280,703$1,250,000vs Mar 30, 2017217SEC filing
Mar 30, 2017Amendment$433,030,703$2,435,000vs Mar 31, 2016214SEC filing
Mar 31, 2016Amendment$430,595,703$700,000vs Mar 30, 2015210SEC filing
Mar 30, 2015Amendment$429,895,703$4,905,357vs Mar 28, 2014208SEC filing
Mar 28, 2014Amendment$424,990,346$12,395,356vs Mar 11, 2013198SEC filing
Mar 11, 2013Amendment$412,594,990$1,325,000vs Mar 9, 2012187SEC filing
Mar 9, 2012Initial$411,269,990No comparison184SEC filing
Mar 7, 2011Amendment$399,747,977$393,418,680vs Mar 16, 2010182SEC filing
Mar 16, 2010Amendment$6,329,297-$217,536,868vs May 29, 2009178SEC filing
May 29, 2009Amendment$223,866,165No comparisonNot reportedSEC filing
Mar 13, 2009Amendment$223,866,165No comparisonNot reportedSEC filing
Mar 13, 2009Initial$223,866,165No comparisonNot reportedSEC filing
Nov 17, 2006PaperNot reportedNo comparisonNot reportedSEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$314K
Finders' fees
$0
Form D file number
021-174610

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
MERCURY CAPITAL ADVISORS, LLC000152338
FLI INVESTORS, LLC000017128
SUMMIT FINANCIAL RESOURCES INC000104990
TLG Advisors, Inc.000111052

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 OVERSEAS FUND SPC LTD

Investment adviser: SANDALWOOD SECURITIES, INC.

Gross asset value
$2M
Beneficial owners
2
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
Marketer FLI INVESTORS, LLC JERICHO, New York, United States Related to adviser: No
Marketer THE LEADERS GROUP, INC. LITTLETON, Colorado, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

PRICEWATERHOUSECOOPERS,LLP
PCAOB 238

FLI INVESTORS, LLC
CRD 17128 · SEC 8-39904

THE LEADERS GROUP, INC.
CRD 37157 · SEC 8-47639

Filing source

Form ADV 2064238 · Mar 19, 2026 · Schedule D 7.B.(1), fund 805-9584924859

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 Securities Inc. Executive
Sandalwood Securities Inc. Executive
Sandalwood Securities Inc Executive, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Caledonia House Box 1043 Gt
Grand Cayman, E9, 00000