Form D · Hedge Fund

SANDLER ASSOCIATES

New York, NY · CIK 0001270057

Offering snapshot reported May 12, 2026 · SEC filing

Reported sold
$443M
Indefinite offering
Investors reported
150
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
Mar 9, 1992
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$221M$443MMay 10, 2021: $442,559,243.00May 10, 2021May 10, 2022: $442,559,243.00May 10, 2022May 10, 2023: $442,559,243.00May 10, 2023May 10, 2024: $442,559,243.00May 10, 2024May 9, 2025: $442,559,243.00May 9, 2025May 12, 2026: $442,559,243.00May 12, 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.

No comparable changes in the displayed metrics.

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
May 12, 2026Amendment$442,559,243$0vs May 9, 2025150SEC filing
May 9, 2025Amendment$442,559,243$0vs May 10, 2024150SEC filing
May 10, 2024Amendment$442,559,243$0vs May 10, 2023150SEC filing
May 10, 2023Amendment$442,559,243$0vs May 10, 2022150SEC filing
May 10, 2022Amendment$442,559,243$0vs May 10, 2021150SEC filing
May 10, 2021Amendment$442,559,243No comparisonNot reportedSEC filing
May 8, 2020Amendment$442,183,558$0vs May 13, 2019149SEC filing
May 13, 2019Amendment$442,183,558$175,000vs May 11, 2018149SEC filing
May 11, 2018Amendment$442,008,558$0vs Mar 21, 2017149SEC filing
Mar 21, 2017Amendment$442,008,558$1,090,000vs Apr 6, 201650SEC filing
Apr 6, 2016Amendment$440,918,558$540,000vs Mar 27, 201553SEC filing
Mar 27, 2015Amendment$440,378,558No comparison60SEC filing
Mar 27, 2014Amendment$437,378,558No comparison95SEC filing
Mar 27, 2013Amendment$409,067,853$87,483,912vs Mar 29, 2011102SEC filing
Mar 29, 2012Amendment$382,701,665$61,117,724vs Mar 29, 201180SEC filing
Mar 29, 2011Amendment$321,583,941$32,080,925vs Mar 19, 201064SEC filing
Mar 19, 2010Amendment$289,503,016No comparison59SEC 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
021-129178
Minimum investment amount may be waived.

Source: Form D, filed May 12, 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

SANDLER ASSOCIATES

Investment adviser: SANDLER CAPITAL MANAGEMENT

Gross asset value
$34.3M
Beneficial owners
14
ADV minimum commitment
$1M

Reported in Form ADV on May 14, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator MORGAN STANLEY FUND SERVICES USA LLC PURCHASE, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG LTD. CAMANA BAY, Cayman Islands
Custodian THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, 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

ERNST & YOUNG LTD.
PCAOB 1655

Filing source

Form ADV 2101200 · May 14, 2026 · Schedule D 7.B.(1), fund 805-9752523848

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
N/A Ams Sa Llc Promoter
N/A Des Sa Llc Promoter
N/A Hsrt Sa Llc Executive
Andrew Sandler Executive
N/A Sandler Associates Gp, Llc Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
711 Fifth Avenue Suite 500
New York, NY, 10022