Form D · Hedge Fund

Spruce Point Research Activism Partners LP

Riverhead, NY · CIK 0001680375

Offering snapshot reported Jul 17, 2026 · SEC filing

Reported sold
$228M
Indefinite offering
Investors reported
80
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Aug 1, 2016
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$114M$228MJul 27, 2023: $223,091,150.00Jul 27, 2023Jul 11, 2024: $227,791,150.00Jul 11, 2024Jul 22, 2025: $228,291,150.00Jul 22, 2025Jul 17, 2026: $228,291,150.00Jul 17, 2026

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
Jul 17, 2026Amendment$228,291,150$0vs Jul 22, 202580SEC filing
Jul 22, 2025Amendment$228,291,150$500,000vs Jul 11, 202480SEC filing
Jul 11, 2024Amendment$227,791,150$4,700,000vs Jul 27, 202379SEC filing
Jul 27, 2023Initial$223,091,150No comparison78SEC filing
Jul 28, 2022Amendment$218,991,150$64,050,000vs Jul 26, 202176SEC filing
Jul 26, 2021Amendment$154,941,150$9,920,000vs Jul 30, 202065SEC filing
Jul 30, 2020Amendment$145,021,150$21,035,000vs Jul 30, 201956SEC filing
Jul 30, 2019Amendment$123,986,150$58,150,000vs Jul 30, 201847SEC filing
Jul 30, 2018Amendment$65,836,150$33,487,150vs Aug 2, 201732SEC filing
Aug 2, 2017Amendment$32,349,000No comparison20SEC filing
Aug 2, 2016InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$0 (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-488066

Source: Form D, filed Jul 17, 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

SPRUCE POINT RESEARCH ACTIVISM PARTNERS LP

Investment adviser: SPRUCE POINT CAPITAL MANAGEMENT, LLC

Gross asset value
$190M
Beneficial owners
43
ADV minimum commitment
$1M

Reported in Form ADV on Mar 13, 2020. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator LICCAR CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor RSM US LLP CHICAGO, Illinois, United States
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
No
Administrator other than the adviser
Yes
External marketing
No

RSM US LLP
PCAOB 49

Filing source

Form ADV 1379955 · Mar 13, 2020 · Schedule D 7.B.(1), fund 805-9997494171

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
Benjamin E. Axler Executive
N/A Spruce Point Capital Partners, Llc Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
30 West Main Street Suite 200
Riverhead, NY, 11901