Form D · Hedge Fund

SHEFFIELD INSTITUTIONAL PARTNERS L P

Chicago, IL · CIK 0001305570

Offering snapshot reported Mar 9, 2018 · SEC filing

Reported sold
$808M
Indefinite offering
Investors reported
193
Form D · investor count
Minimum accepted
$50K
Reported outside-investor minimum
First sale
Aug 1, 2004
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$404M$808MMar 10, 2009: $275,017,602.00Mar 10, 2009Mar 4, 2010: $285,417,602.00Mar 4, 2011: $322,412,734.00Mar 9, 2012: $348,251,474.00Mar 11, 2013: $392,326,474.00Mar 11, 2014: $725,339,155.00Mar 11, 2015: $778,094,728.00Mar 11, 2016: $791,899,728.00Mar 10, 2017: $793,399,728.00Mar 9, 2018: $807,799,727.00Mar 9, 2018

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$793,399,728 → $807,799,727
  • Reported investors192 → 193

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 9, 2018Amendment$807,799,727$14,399,999vs Mar 10, 2017193SEC filing
Mar 10, 2017Amendment$793,399,728$1,500,000vs Mar 11, 2016192SEC filing
Mar 11, 2016Amendment$791,899,728$13,805,000vs Mar 11, 2015192SEC filing
Mar 11, 2015Amendment$778,094,728$52,755,573vs Mar 11, 2014191SEC filing
Mar 11, 2014Amendment$725,339,155$333,012,681vs Mar 11, 2013176SEC filing
Mar 11, 2013Amendment$392,326,474$44,075,000vs Mar 9, 2012118SEC filing
Mar 9, 2012Amendment$348,251,474$25,838,740vs Mar 4, 201190SEC filing
Mar 4, 2011Amendment$322,412,734$36,995,132vs Mar 4, 201087SEC filing
Mar 4, 2010Amendment$285,417,602$10,400,000vs Mar 10, 200984SEC filing
Mar 10, 2009Amendment$275,017,602No comparisonNot reportedSEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$1.35M (estimated)
Finders' fees
$0
Form D file number
021-70034
This amount includes a one-time payment to Reva Capital Markets LLC in 2013. Reva does not have an ongoing relationship with the issuer.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
UBS Financial Services Inc.8174
Reva Capital Markets LLC105791

Source: Form D, filed Mar 9, 2018. 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

SHEFFIELD INSTITUTIONAL PARTNERS, L.P.

Investment adviser: SHEFFIELD ASSET MANAGEMENT, L.L.C.

Gross asset value
$370M
Beneficial owners
44
ADV minimum commitment
$1M

Reported in Form ADV on Mar 22, 2013. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator GROSVENOR CAPITAL MANAGEMENT, L.P. CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
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 PRICEWATERHOUSECOOPERS, LLP CHICAGO, Illinois, United States
Custodian DEUTSCHE BANK AG NEW YORK, New York, United States Related to adviser: No
Custodian DEUTSCHE BANK AG LONDON, United Kingdom Related to adviser: No
Custodian DEUTSCHE BANK SECURITIES INC. NEW YORK, New York, United States Related to adviser: No
Custodian JP MORGAN CHASE BANK, NA NEW YORK, New York, United States Related to adviser: No
Custodian J.P. MORGAN CLEARING CORP. NEW YORK, New York, United States Related to adviser: No
Custodian MORGAN STANLEY & CO. INTERNATIONAL PLC LONDON, United Kingdom Related to adviser: No
Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No
Marketer UBS FINANCIAL SERVICES INC. WEEHAWKEN, New Jersey, United States Related to adviser: No
Prime broker DEUTSCHE BANK SECURITIES INC. NEW YORK, New York, United States
Prime broker J.P. MORGAN CLEARING CORP. NEW YORK, New York, United States
Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

DEUTSCHE BANK SECURITIES INC.
SEC 8-17822

J.P. MORGAN CLEARING CORP.
SEC 8-43724

MORGAN STANLEY & CO. LLC
SEC 8-15869

UBS FINANCIAL SERVICES INC.
CRD 8174 · SEC 801-7163

DEUTSCHE BANK SECURITIES INC.
CRD 2525 · SEC 8-17822

J.P. MORGAN CLEARING CORP.
CRD 28432 · SEC 8-43724

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Filing source

Form ADV 702127 · Mar 22, 2013 · Schedule D 7.B.(1), fund 805-6096813469

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
Craig Albert Executive
Brian Feltzin Executive
Lisa Forbes Executive
Scott Perlen Executive
Amy Rosenow Executive
N/A Sheffield Asset Management, L.L.C. Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Sheffield Asset Management, L.L.C. 900 North Michigan Avenue, Suite 2000
Chicago, IL, 60611