Form D · Hedge Fund

Spruce Absolute Return Fund (Offshore) Ltd.

Grand Cayman, E9 · CIK 0001457560

Offering snapshot reported Mar 16, 2016 · SEC filing

Reported sold
$37.2M
Indefinite offering
Investors reported
7
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Jan 1, 2008
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$22.3M$44.6MFeb 24, 2009Mar 15, 2010: $36,999,525.00Mar 15, 2011: $39,207,089.00Mar 15, 2012: $29,497,337.00Mar 15, 2013: $32,375,442.00Mar 15, 2013: $32,375,442.00Mar 14, 2014: $28,748,469.00Mar 16, 2015: $44,585,419.00Mar 16, 2016: $37,183,488.00Mar 16, 2016

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
Mar 16, 2016Amendment$37,183,488No comparison7SEC filing
Mar 16, 2015Amendment$44,585,419$15,836,950vs Mar 14, 201410SEC filing
Mar 14, 2014Amendment$28,748,469No comparison8SEC filing
Mar 15, 2013Amendment$32,375,442No comparison13SEC filing
Mar 15, 2013Amendment$32,375,442$2,878,105vs Mar 15, 201213SEC filing
Mar 15, 2012Amendment$29,497,337No comparison14SEC filing
Mar 15, 2011Amendment$39,207,089No comparison16SEC filing
Mar 15, 2010Amendment$36,999,525No comparison11SEC filing
Feb 24, 2009PaperNot reportedNo comparisonNot reportedSEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-127393

Source: Form D, filed Mar 16, 2016. 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

SPRUCE ABSOLUTE RETURN FUND OFFSHORE LTD

Investment adviser: SPRUCE INVESTMENT ADVISORS LLC

Gross asset value
$33.4M
Beneficial owners
5
ADV minimum commitment
$5M

Reported in Form ADV on Mar 26, 2018. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SEI GLOBAL SERVICES INC OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KPMG LLP NEW YORK, New York, United States
Custodian SEI INVESTMENTS TRUSTEE AND CUSTODIAL SERVICES (IRELAND) LIMITED DUBLIN 2, Ireland Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

KPMG LLP
PCAOB 185

Filing source

Form ADV 1193409 · Mar 26, 2018 · Schedule D 7.B.(1), fund 805-2614883873

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
John C. Bailey Director
Robert Bastone Executive
Jennifer Collins Director
Sean Flynn Director
Patrick Harrigan Director
Peter Heaps Director
Spruce Investment Advisors Llc Promoter
Spruce Private Investors Llc Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Walkers Corporate Limited Cayman Corporate Centre, 27 Hospital Rd
Grand Cayman, E9, KY1-9008