Form D · Hedge Fund

Squadron Offshore Fund

Grand Cayman, E9 · CIK 0002048018

Offering snapshot reported Dec 11, 2025 · SEC filing

Reported sold
$133M
Indefinite offering
Investors reported
12
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Nov 1, 2024
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$66.4M$133MDec 13, 2024: $82,120,000.00Dec 13, 2024Dec 11, 2025: $132,730,000.00Dec 11, 2025

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$82,120,000 → $132,730,000
  • Reported investors5 → 12
  • Minimum accepted$250,000 → $100,000

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Dec 11, 2025Amendment$132,730,000$50,610,000vs Dec 13, 202412SEC filing
Dec 13, 2024Initial$82,120,000No comparison5SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$347K (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-532022
The recipients serve as placement agents and are entitled to a percentage of the fees paid to the Investment Manager attributable to certain assets under management. Recipient 2 has not yet been paid.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
General Wellington Capital, LLC000282139
Frontier Solutions, LLC000136102

Source: Form D, filed Dec 11, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

No confirmed ADV fund connection is available for this issuer.

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
William Blank Director
Richard Gordon Director
David Pritchard Director
Matthew Sesterhenn Executive, Promoter
Squadron Capital Management Llc Executive, Promoter
N/A N/A Squadron Capital Management Llc Promoter
Blank William Executive, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Harneys Services (Cayman) Ltd 4 Floor Harbour Pl 103 S Church Street Box 10240
Grand Cayman, E9, KY1-1002