Form D · Private Equity Fund

SEASON INVESTMENTS ALTERNATIVE CREDIT & EQUITY FUND, L.P.

West Conshohocken, PA · CIK 0001822546

Offering snapshot reported Mar 27, 2026 · SEC filing

Reported sold
$36.5M
Indefinite offering
Investors reported
47
Form D · investor count
Minimum accepted
$500K
Reported outside-investor minimum
First sale
Jan 1, 2021
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$18.2M$36.5MJan 12, 2021: $6,030,000.00Jan 12, 2021Jan 31, 2022: $31,179,000.00Jan 31, 2022Jan 12, 2023: $33,312,000.00Jan 12, 2023Jan 18, 2024: $33,362,000.00Jan 18, 2024Jan 16, 2025: $35,502,000.00Jan 16, 2025Mar 27, 2026: $36,473,248.00Mar 27, 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$35,502,000 → $36,473,248
  • Reported investors52 → 47
  • Minimum accepted$99,000 → $500,000

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 27, 2026Amendment$36,473,248$971,248vs Jan 16, 202547SEC filing
Jan 16, 2025Amendment$35,502,000$2,140,000vs Jan 18, 202452SEC filing
Jan 18, 2024Amendment$33,362,000$50,000vs Jan 12, 202345SEC filing
Jan 12, 2023Amendment$33,312,000$2,133,000vs Jan 31, 202245SEC filing
Jan 31, 2022Amendment$31,179,000$25,149,000vs Jan 12, 202137SEC filing
Jan 12, 2021Initial$6,030,000No comparison4SEC filing

Offering details

Securities
Pooled investment fund, Other
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-386012
Limited Partnership Interest

Source: Form D, filed Mar 27, 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

SEASON INVESTMENTS ALTERNATIVE CREDIT & EQUITY FUND, L.P.

Investment adviser: PPB ADVISORS, LLC

Gross asset value
$34.1M
Beneficial owners
47
ADV minimum commitment
$500K

Reported in Form ADV on Mar 23, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NAV CONSULTING OAK BROOK, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor GRANT THORNTON CHICAGO, Illinois, United States
Custodian UMB KANSAS CITY, Missouri, 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

GRANT THORNTON
PCAOB 248

Filing source

Form ADV 2054472 · Mar 23, 2026 · Schedule D 7.B.(1), fund 805-8309312052

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
David Houle Executive
Brendan Lake Executive
Elliott Orsillo Executive
N/A Ppb Si Ace Mgt Llc Executive
N/A Season Investments, Llc Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
300 Barr Harbor Drive Suite 260
West Conshohocken, PA, 19428