Form D · Hedge Fund

TL Targeted Fund, LP

New York, NY · CIK 0001732326

Offering snapshot reported May 22, 2020 · SEC filing

Reported sold
$107M
Indefinite offering
Investors reported
25
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Feb 16, 2018
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$53.5M$107MFeb 23, 2018: $83,550,000.00Feb 23, 2018Feb 22, 2019: $102,258,000.00Feb 22, 2019May 23, 2019: $103,061,000.00May 22, 2020: $106,996,000.00May 22, 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$103,061,000 → $106,996,000

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
May 22, 2020Amendment$106,996,000$3,935,000vs May 23, 201925SEC filing
May 23, 2019Amendment$103,061,000$803,000vs Feb 22, 201925SEC filing
Feb 22, 2019Amendment$102,258,000$18,708,000vs Feb 23, 201824SEC filing
Feb 23, 2018Initial$83,550,000No comparison10SEC 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
021-306327

Source: Form D, filed May 22, 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

TL TARGETED FUND, LP

Investment adviser: TIGER LEGATUS CAPITAL MANAGEMENT, LLC

Gross asset value
$104M
Beneficial owners
14
ADV minimum commitment
$3M

Reported in Form ADV on Mar 23, 2020. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator HEDGESERV DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG GRAND CAYMAN, Cayman Islands
Custodian UBS SECURITIES LLC STAMFORD, Connecticut, United States Related to adviser: No
Custodian WINTRUST INVESTMENTS LLC CHICAGO, Illinois, United States Related to adviser: No
Prime broker UBS SECURITIES LLC STAMFORD, Connecticut, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG
PCAOB 1655

UBS SECURITIES LLC
SEC 8-22651

WINTRUST INVESTMENTS LLC
SEC 8-484

UBS SECURITIES LLC
CRD 7654 · SEC 8-22651

Filing source

Form ADV 1394858 · Mar 23, 2020 · Schedule D 7.B.(1), fund 805-5341575793

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
Tiger Legatus Capital Management, Llc Executive, Promoter
Tl Targeted Fund Gp, Llc Executive, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
712 Fifth Ave 9 Th Floor
New York, NY, 10019