Form D · Hedge Fund

Soapstone Capital L.P.

Bethesda, MD · CIK 0001677550

Offering snapshot reported Jun 22, 2026 · SEC filing

Reported sold: $307M
Investors reported: 51
Minimum accepted: $1M
First sale: Sep 29, 2005

Fundraising history

Reported sold

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$107,150,000 → $306,797,000
Reported investors22 → 51

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jun 22, 2026	Amendment	$306,797,000	$199,647,000vs Jun 20, 2016	51	SEC filing
Jun 20, 2025	Amendment	$296,497,000	$189,347,000vs Jun 20, 2016	50	SEC filing
Jun 21, 2024	Amendment	$244,437,000	$137,287,000vs Jun 20, 2016	50	SEC filing
Jun 21, 2023	Amendment	$243,062,000	$135,912,000vs Jun 20, 2016	50	SEC filing
Jun 21, 2022	Amendment	$262,812,000	$155,662,000vs Jun 20, 2016	52	SEC filing
Jun 21, 2021	Amendment	$361,687,000	No comparison	Not reported	SEC filing
Jun 19, 2020	Amendment	$337,037,000	$229,887,000vs Jun 20, 2016	58	SEC filing
Jun 20, 2019	Amendment	$351,115,000	$243,965,000vs Jun 20, 2016	64	SEC filing
Jun 20, 2018	Amendment	$327,765,000	$220,615,000vs Jun 20, 2016	62	SEC filing
Jun 20, 2017	Amendment	$142,240,000	$35,090,000vs Jun 20, 2016	30	SEC filing
Jun 20, 2016	Initial	$107,150,000	No comparison	22	SEC 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: 021-265385

Source: Form D, filed Jun 22, 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

SOAPSTONE CAPITAL, L.P.

Investment adviser: SOAPSTONE MANAGEMENT L.P.

Gross asset value: $610M
Beneficial owners: 51
ADV minimum commitment: $5M

Reported in Form ADV on Mar 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RSM US LLP NEW YORK, New York, United States

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No

Custodian WELLS FARGO BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Prime broker PERSHING 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

RSM US LLP
PCAOB 49

MORGAN STANLEY & CO. LLC
SEC 8-15869

PERSHING LLC
SEC 8-17574

WELLS FARGO BANK, N.A.
LEI KB1H1DSPRFMYMCUFXT09

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

PERSHING LLC
CRD 7560 · SEC 8-17574

Filing source

Form ADV 2085374 · Mar 30, 2026 · Schedule D 7.B.(1), fund 805-3181624193

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
Name	Reported role
Jed Nussdorf	Executive, Promoter
Soapstone Management L.P.	Promoter
Soapstone Partners Llc	Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

7500 Old Georgetown Road Suite 200
Bethesda, MD, 20814