Form D · Hedge Fund

Square Wave Partners, L.P.

Brooklyn, NY · CIK 0001947907

Offering snapshot reported Feb 20, 2026 · SEC filing

Reported sold: $64M
Investors reported: 13
Minimum accepted: $0
First sale: Nov 1, 2022

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$13,990,000 → $64,030,000
Reported investors8 → 13

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Feb 20, 2026	Amendment	$64,030,000	$50,040,000vs Feb 20, 2025	13	SEC filing
Feb 20, 2025	Amendment	$13,990,000	$5,580,000vs Feb 22, 2024	8	SEC filing
Feb 22, 2024	Amendment	$8,410,000	No comparison	5	SEC filing
Sep 23, 2022	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: 021-459694

Source: Form D, filed Feb 20, 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

SQUARE WAVE PARTNERS, LP

Investment adviser: SQUARE WAVE CAPITAL LLC

Gross asset value: $360M
Beneficial owners: 18
ADV minimum commitment: $1M

Reported in Form ADV on Mar 31, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator MORGAN STANLEY FUND SERVICES NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG GEORGE TOWN, Cayman Islands

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Provider details

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

KPMG
PCAOB 185

MORGAN STANLEY & CO. LLC
SEC 8-15869

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Filing source

Form ADV 2071315 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-4798198727

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
Ryan Ashayeri	Director
N/A Square Wave Capital, Llc	Director
N/A Square Wave Gp, Llc	Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

55 Prospect Street Suite 310
Brooklyn, NY, 11201