Form D · Hedge Fund

Sargasso Environmental Fund LP

New York, NY · CIK 0001834165

Offering snapshot reported Sep 29, 2023 · SEC filing

Reported sold
$2.4M
Indefinite offering
Investors reported
8
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
Jul 1, 2021
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$1.2M$2.4MOct 12, 2021: $1,700,100.00Oct 12, 2021Sep 28, 2022: $2,200,100.00Sep 28, 2022Sep 29, 2023: $2,400,100.00Sep 29, 2023

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$2,200,100 → $2,400,100
  • Reported investors7 → 8

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Sep 29, 2023Amendment$2,400,100$200,000vs Sep 28, 20228SEC filing
Sep 28, 2022Amendment$2,200,100$500,000vs Oct 12, 20217SEC filing
Oct 12, 2021Initial$1,700,100No comparison6SEC filing
Jul 1, 2021Initial$1,100,100No comparisonNot reportedSEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-416450
At the discretion of the general partner, an amount less than the minimum investment amount reflected in Item 11 may be accepted.

Source: Form D, filed Sep 29, 2023. 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

SARGASSO ENVIRONMENTAL FUND LP

Investment adviser: STEINBERG ASSET MANAGEMENT, LLC

Gross asset value
$3.27M
Beneficial owners
11
ADV minimum commitment
$1M

Reported in Form ADV on May 19, 2023. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator MUFG FUND SERVICES (CAYMAN) LIMITED GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor EISNERAMPER LLP ISELIN, New Jersey, United States
Custodian PERSHING ADVISOR SOLUTIONS LLC JERSEY CITY, New Jersey, United States Related to adviser: No
Prime broker PERSHING ADVISOR SOLUTIONS LLC JERSEY CITY, New Jersey, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

EISNERAMPER LLP
PCAOB 274

PERSHING ADVISOR SOLUTIONS LLC
SEC 8-47425

PERSHING ADVISOR SOLUTIONS LLC
CRD 36671 · SEC 8-47425

Filing source

Form ADV 1763713 · May 19, 2023 · Schedule D 7.B.(1), fund 805-4286876043

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 Sargasso Environmental Gp, Llc Executive, Promoter
Justin S. Steinberg Executive
N/A Steinberg Asset Management Llc Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
12 East 49 Th Street 11 Th Floor
New York, NY, 10017