Form D · Private Equity Fund

SP Funds RE, LLC

Lake Mary, FL · CIK 0001784753

Offering snapshot reported Dec 11, 2025 · SEC filing

Reported sold: $9.4M
Investors reported: 0
Minimum accepted: $100K
First sale: Aug 8, 2019

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$6,400,000 → $9,404,360
Minimum accepted$50,000 → $100,000

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Source
Dec 11, 2025	Amendment	$9,404,360	$3,004,360vs Oct 11, 2022	SEC filing
Feb 6, 2024	Initial	$9,282,629	No comparison	SEC filing
Oct 11, 2022	Amendment	$6,400,000	No comparison	SEC filing
Mar 25, 2021	Amendment	Yet to sell	No comparison	SEC filing
Aug 15, 2019	Initial	Yet to sell	No comparison	SEC filing

Offering details

Securities: Equity, Pooled investment fund
Exemptions: 06c, 3C, 3C.1
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-346621

Source: Form D, filed Dec 11, 2025. 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

SP FUNDS RE, LLC

Investment adviser: SP FUNDS MANAGEMENT LLC

Gross asset value: $9.5M
Beneficial owners: 0
ADV minimum commitment: $100K

Reported in Form ADV on Jul 20, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor H&CO ORLANDO, Florida, United States

Custodian CHARLES SCHWAB & CO., INC. EL PASO, Texas, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

H&CO
PCAOB 7134

CHARLES SCHWAB & CO., INC.
SEC 8-16514

Filing source

Form ADV 2120715 · Jul 20, 2026 · Schedule D 7.B.(1), fund 805-6612988922

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
Naushad Sp Funds Management Llc	Director, Executive
Naushad Virji	Director, Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

1331 International Pkwy South #2291
Lake Mary, FL, 32746