Form D · Private Equity Fund

Thurston Fund I, LP

Chicago, IL · CIK 0001737037

Offering snapshot reported Apr 19, 2019 · SEC filing

Reported sold: $19.5M
Investors reported: 14
Minimum accepted: $500K
First sale: Apr 23, 2018

What changed?

Latest filing versus its linked predecessor, where available.

Reported investors0 → 14

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Apr 19, 2019	Amendment	$19,500,000	No comparison	14	SEC filing
Apr 19, 2018	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: 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: 021-310570

Source: Form D, filed Apr 19, 2019. 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

THURSTON FUND I, LP

Investment adviser: THURSTON ADVISORS, LLC

Gross asset value: $3.08M
Beneficial owners: 19
ADV minimum commitment: $500K

Reported in Form ADV on Jan 4, 2023. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator E78 PARTNERS LLC OAK BROOK, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO USA LLP CHICAGO, Illinois, United States

Custodian WINTRUST BANK, N.A. CHICAGO, Illinois, United States Related to adviser: No

Provider details

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

BDO USA LLP
PCAOB 243

WINTRUST BANK, N.A.
LEI 549300RAQJBTN6Z28096

Filing source

Form ADV 1686875 · Jan 4, 2023 · Schedule D 7.B.(1), fund 805-8674149289

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
Thurston Fund I, LP (this fund)	Apr 19, 2019	$19,500,000	14
Thurston Fund II, LP	Dec 21, 2022	$76,480,000	90
Thurston Fund III, LP	Feb 26, 2025	$24,065,000	48

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
Daniel F. Davis	Director
Thomas Friedman	Executive
Patrick J. Haynes, Iii	Executive
John Mc Govern, Iii	Executive
Thurston Advisors, Llc	Promoter
Thurston Fund I Gp, Llc	Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

225 West Washington Street, Suite 1575
Chicago, IL, 60606