Form D · Hedge Fund

Terrapin Realization Fund, LLC

Miami, FL · CIK 0001766464

Offering snapshot reported Feb 6, 2026 · SEC filing

Reported sold
$40.2M
Indefinite offering
Investors reported
Not reported
Form D · investor count
Minimum accepted
Not reported
Reported outside-investor minimum
First sale
Not reported
As reported in this filing

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Feb 6, 2026Amendment$40,193,463No comparisonNot reportedSEC filing
Feb 7, 2025Amendment$40,193,463$0vs Jan 23, 202430SEC filing
Jan 23, 2024Amendment$40,193,463$200,000vs Feb 13, 202330SEC filing
Feb 13, 2023Amendment$39,993,463$625,000vs Aug 9, 202129SEC filing
Aug 9, 2021Amendment$39,368,463$12,373,323vs Aug 7, 202028SEC filing
Aug 7, 2020Amendment$26,995,140$1,090,000vs Feb 25, 202018SEC filing
Feb 25, 2020Amendment$25,905,140$6,423,140vs Feb 22, 201913SEC filing
Feb 22, 2019Initial$19,482,000No comparison11SEC filing

Offering details

Securities
Not reported
Exemptions
Not reported
Duration over one year
Not reported
Business combination
Not reported
Sales commissions
Not reported
Finders' fees
Not reported
Form D file number
021-333337

Source: Form D, filed Feb 6, 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

TERRAPIN REALIZATION FUND, LLC

Investment adviser: TERRAPIN ASSET MANAGEMENT, LLC

Gross asset value
$60.7M
Beneficial owners
12
ADV minimum commitment
$100K

Reported in Form ADV on Mar 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator OPUS FUND SERVICES (BERMUDA) LTD. NAPERVILLE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor WITHUMSMITH+BROWN NEW YORK, New York, United States
Custodian FLAGSTAR BANK N.A. WHITE PLAINS, New York, United States Related to adviser: No
Custodian INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States Related to adviser: No
Custodian TD PRIME SERVICES LLC NEW YORK, New York, United States Related to adviser: No
Prime broker INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States
Prime broker TD PRIME SERVICES 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

WITHUMSMITH+BROWN
PCAOB 100

INTERACTIVE BROKERS LLC
SEC 8-47257

TD PRIME SERVICES LLC
SEC 8-3337

INTERACTIVE BROKERS LLC
CRD 36418 · SEC 8-47257

TD PRIME SERVICES LLC
CRD 1914 · SEC 8-3337

Filing source

Form ADV 2081500 · Mar 30, 2026 · Schedule D 7.B.(1), fund 805-2834817896

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
Nathan Leight Executive
N/A Terrapin Asset Management, Llc Executive
Terrapin Asset Management, Llc Promoter
N/A Terrapin Realization Gp, Llc Promoter
Terrapin Realization Gp, Llc Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
C/O Terrapin Realization Gp, Llc 3725 Leafy Way
Miami, FL, 33133