Form D · Hedge Fund

Systematic Alternatives Fund, LLC

Chicago, IL · CIK 0001630685

Offering snapshot reported Mar 5, 2020 · SEC filing

Reported sold
$138M
Indefinite offering
Investors reported
188
Form D · investor count
Minimum accepted
$250K
Reported outside-investor minimum
First sale
Jan 2, 2015
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$68.9M$138MJan 15, 2015: $12,500,000.00Jan 15, 2015Jan 15, 2016: $86,012,500.00Jan 12, 2017: $112,369,900.00Jan 12, 2018: $129,838,900.00Mar 2, 2018: $130,138,900.00Mar 5, 2019: $137,419,934.00Mar 5, 2020: $137,899,934.00Mar 5, 2020

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$137,419,934 → $137,899,934
  • Reported investors187 → 188

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 5, 2020Amendment$137,899,934$480,000vs Mar 5, 2019188SEC filing
Mar 5, 2019Amendment$137,419,934$7,281,034vs Mar 2, 2018187SEC filing
Mar 2, 2018Amendment$130,138,900$300,000vs Jan 12, 2018183SEC filing
Jan 12, 2018Amendment$129,838,900$17,469,000vs Jan 12, 2017198SEC filing
Jan 12, 2017Amendment$112,369,900$26,357,400vs Jan 15, 2016160SEC filing
Jan 15, 2016Amendment$86,012,500$73,512,500vs Jan 15, 2015116SEC filing
Jan 15, 2015Initial$12,500,000No comparison17SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0 (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-232338
Total Amount Sold: $137,899,934.01

Source: Form D, filed Mar 5, 2020. 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

SYSTEMATIC ALTERNATIVES FUND, LLC

Investment adviser: 50 SOUTH CAPITAL ADVISORS, LLC

Gross asset value
$0
Beneficial owners
0
ADV minimum commitment
$250K

Reported in Form ADV on Dec 16, 2021. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator BANK OF NEW YORK MELLON NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor DELOITTE & TOUCHE LLP CHICAGO, Illinois, United States
Custodian BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No
Marketer NORTHERN TRUST SECURITIES, INC CHICAGO, Illinois, United States Related to adviser: Yes
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

DELOITTE & TOUCHE LLP
PCAOB 34

NORTHERN TRUST SECURITIES, INC
CRD 7927 · SEC 801-80781

Filing source

Form ADV 1584622 · Dec 16, 2021 · Schedule D 7.B.(1), fund 805-1390901999

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
N/A 50 South Capital Advisors, Llc Director, Promoter
50 South Capital Advisors, Llc Director, Promoter
Robert Di Carlo Director
N/A Graticule Asia Macro Advisors Llc Promoter
N/A Northern Trust Investments, Inc. Director
Tristan Thomas Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
50 South Capital Advisors, Llc 50 South Lasalle Street, Mb 09
Chicago, IL, 60603