Form D · Hedge Fund
Spruce Point Research Activism Partners Offshore, Ltd.
Grand Cayman, E9 · CIK 0001688233
Offering snapshot reported Jul 17, 2026 · SEC filing
- Reported sold
- $165M Indefinite offering
- Investors reported
- 24 Form D · investor count
- Minimum accepted
- $100K Reported outside-investor minimum
- First sale
- Aug 1, 2016 As reported in this filing
Fundraising history
Reported soldDates 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
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Jul 17, 2026 | Amendment | $165,059,685 | $0vs Jul 22, 2025 | 24 | SEC filing |
| Jul 22, 2025 | Amendment | $165,059,685 | $152,340,730vs Jul 12, 2024 | 24 | SEC filing |
| Jul 12, 2024 | Amendment | $12,718,955 | $0vs Jul 27, 2023 | 12 | SEC filing |
| Jul 27, 2023 | Initial | $12,718,955 | No comparison | 12 | SEC filing |
| Jul 28, 2022 | Amendment | $12,718,955 | $0vs Jul 26, 2021 | 12 | SEC filing |
| Jul 26, 2021 | Amendment | $12,718,955 | No comparison | Not reported | SEC filing |
| Jul 30, 2020 | Amendment | $12,718,955 | $1,125,000vs Jul 30, 2019 | 12 | SEC filing |
| Jul 30, 2019 | Amendment | $11,593,955 | $9,743,955vs Aug 1, 2018 | 8 | SEC filing |
| Aug 1, 2018 | Amendment | $1,850,000 | No comparison | 4 | SEC filing |
| Oct 25, 2016 | Initial | Yet to sell | No comparison | 0 | SEC filing |
Offering details
- Securities
- Equity, Pooled investment fund
- Exemptions
- 06b, 3C, 3C.1
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $0
- Finders' fees
- $0
- Form D file number
- 021-488055
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 OFFSHORE, LTD.
Investment adviser: SPRUCE POINT CAPITAL MANAGEMENT, LLC
- Gross asset value
- $143M
- Beneficial owners
- 29
- 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
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- No
- Administrator other than the adviser
- Yes
- External marketing
- No
Filing source
Form ADV 1379955 · Mar 13, 2020 · Schedule D 7.B.(1), fund 805-6143831950
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.
| Name | Reported role |
|---|---|
| Benjamin E. Axler | Director |
| Ronan Guilfoyle | Director |
| Wade Kenny | Director |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Grand Cayman, E9, KY1-1002