Form D · Hedge Fund

Somerset Frontier Markets Fund LLC

New York, NY · CIK 0001593823

Offering snapshot reported Dec 11, 2017 · SEC filing

Reported sold
$15M
Indefinite offering
Investors reported
1
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
Dec 2, 2013
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$7.5M$15MDec 10, 2013: $13,000,000.00Dec 10, 2013Dec 9, 2014: $13,000,000.00Dec 9, 2014Dec 9, 2015: $15,000,000.00Dec 9, 2015Dec 9, 2016: $15,000,000.00Dec 9, 2016Dec 11, 2017: $15,000,000.00Dec 11, 2017

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
Dec 11, 2017Amendment$15,000,000$0vs Dec 9, 20161SEC filing
Dec 9, 2016Amendment$15,000,000$0vs Dec 9, 20151SEC filing
Dec 9, 2015Amendment$15,000,000$2,000,000vs Dec 9, 20141SEC filing
Dec 9, 2014Amendment$13,000,000$0vs Dec 10, 20131SEC filing
Dec 10, 2013Initial$13,000,000No comparison1SEC filing

Offering details

Securities
Equity, 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
021-207684
No commission was paid by the Issuer.

Source: Form D, filed Dec 11, 2017. 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

SOMERSET FRONTIER MARKETS FUND LLC

Investment adviser: SOMERSET CAPITAL MANAGEMENT LLP

Gross asset value
$8.32M
Beneficial owners
7
ADV minimum commitment
$1M

Reported in Form ADV on Mar 13, 2018. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator APEX FUND SERVICES (UK) LTD LONDON, United Kingdom Investor statements: No (provided to no investors) Related to adviser: No
Auditor RSM US LLC CHICAGO, Illinois, United States
Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, 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

RSM US LLC
PCAOB 49

Filing source

Form ADV 1190165 · Mar 13, 2018 · Schedule D 7.B.(1), fund 805-3699833140

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
Clive Harris Executive
N/A Somerset Capital Management (Cayman) Limited Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
C/O Meteora Partners Llc 11 Broadway, Suite 965
New York, NY, 10004