Form D · Other Investment Fund

Term Fund 2023

New York, NY · CIK 0001765255

Offering snapshot reported Jan 28, 2021 · SEC filing

Reported sold: $2.57B
Investors reported: 41
Minimum accepted: $5M
First sale: Jan 2, 2019

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$213,837,901 → $2,566,872,114
Reported investors37 → 41

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jan 28, 2021	Amendment	$2,566,872,114	$2,353,034,213vs Jan 17, 2020	41	SEC filing
Jan 17, 2020	Amendment	$213,837,901	$106,918,951vs Jan 17, 2019	37	SEC filing
Jan 17, 2019	Initial	$106,918,950	No comparison	37	SEC filing

Offering details

Securities: Pooled investment fund, Other
Exemptions: 06b, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-330838

Total aggregate sales is $2,566,872,113.74.

Commingled investment trust interests

Source: Form D, filed Jan 28, 2021. Minimum accepted may differ from a standard advertised minimum.

Fund connections

Each card uses that adviser's latest imported filing. Filing dates can differ; these disclosures do not confirm a current relationship.

Matched by reported Form D file number

TERM FUND 2023

Investment adviser: GSAM STABLE VALUE, LLC

Gross asset value: $161M
Beneficial owners: 39
ADV minimum commitment: $5M

Reported in Form ADV on Mar 28, 2024. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator STATE STREET BANK AND TRUST COMPANY BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →

Auditor PRICEWATERHOUSE COOPERS BOSTON, Massachusetts, United States Other funds reporting this name →

Custodian STATE STREET BANK AND TRUST COMPANY BOSTON, Massachusetts, United States Related to adviser: No Other funds reporting this name →

Marketer GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: Yes Other funds reporting this name →

Provider details

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

PRICEWATERHOUSE COOPERS
PCAOB 238

STATE STREET BANK AND TRUST COMPANY
LEI 571474TGEMMWANRLN572

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 801-16048

Fund asset history · 3 annual observations

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Fiscal year	Gross assets	Beneficial owners	ADV filed
2021	$2,050,760,779	39	Mar 31, 2022
2022	$1,923,652,768	38	Mar 31, 2023
2023	$161,022,713	39	Mar 28, 2024

Filing source

Form ADV 1845204 · Mar 28, 2024 · Schedule D 7.B.(1), fund 805-9918215361

Reported by GSAM STABLE VALUE, LLC (CRD 105997).

Annual Updating Amendment for Registered Adviser · fiscal year 2023.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; 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
John Axtell	Executive
Kenneth Cawley	Executive
Joseph Cipolla	Executive
Jesse Cole	Executive
Joseph Cortese	Executive
N/A Goldman Sachs Trust Company, N.A.	Promoter
Walter Haydock	Executive
Erik Karpinski	Executive
Adam Lane	Executive
Scott Mc Hugh	Executive
Stacey Mullaney	Executive
Marc Romanoff	Executive
Katelyn Seager	Executive
Kenneth Topping	Executive
Michael Twohig	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

200 West Street
New York, NY, 10282-2198
Phone: 212-902-1000