Form D · Hedge Fund
Toronado Fund, L.P.
San Francisco, CA · CIK 0001580038
Offering snapshot reported Sep 2, 2026 · SEC filing
- Reported sold
- $202M Indefinite offering
- Investors reported
- 99 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- Jun 7, 2013 As reported in this filing
Fundraising history
Reported soldDates 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$200,818,873 → $201,883,599
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Sep 2, 2026 | Amendment | $201,883,599 | $1,064,726vs Sep 4, 2025 | 99 | SEC filing |
| Sep 4, 2025 | Amendment | $200,818,873 | No comparison | Not reported | SEC filing |
| Sep 6, 2024 | Amendment | $198,165,373 | $7,171,377vs Oct 13, 2022 | 98 | SEC filing |
| Oct 12, 2023 | Amendment | $192,317,996 | $1,324,000vs Oct 13, 2022 | 97 | SEC filing |
| Oct 13, 2022 | Amendment | $190,993,996 | $2,971,916vs Oct 14, 2021 | 97 | SEC filing |
| Oct 14, 2021 | Amendment | $188,022,080 | $7,271,508vs Oct 16, 2020 | 95 | SEC filing |
| Oct 16, 2020 | Amendment | $180,750,572 | $22,340,667vs Oct 18, 2019 | 94 | SEC filing |
| Oct 18, 2019 | Amendment | $158,409,905 | $64,612,020vs Oct 19, 2018 | 83 | SEC filing |
| Oct 19, 2018 | Amendment | $93,797,885 | $39,325,154vs Oct 23, 2017 | 37 | SEC filing |
| Oct 23, 2017 | Amendment | $54,472,731 | $8,780,027vs Mar 29, 2017 | 26 | SEC filing |
| Mar 29, 2017 | Amendment | $45,692,704 | $39,992,704vs Apr 29, 2016 | 21 | SEC filing |
| Apr 29, 2016 | Amendment | $5,700,000 | $2,500,000vs Feb 24, 2016 | 12 | SEC filing |
| Feb 24, 2016 | Amendment | $3,200,000 | $550,000vs Feb 25, 2015 | 11 | SEC filing |
| Feb 25, 2015 | Amendment | $2,650,000 | No comparison | 8 | SEC filing |
| Jun 26, 2013 | Initial | Yet to sell | No comparison | 0 | SEC filing |
Offering details
- Securities
- 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
- 021-198621
Source: Form D, filed Sep 2, 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
TORONADO FUND, L.P.
Investment adviser: TORONADO PARTNERS LLC
- Gross asset value
- $254M
- Beneficial owners
- 46
- ADV minimum commitment
- $1M
Reported in Form ADV on Mar 17, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.
Service providers
Provider details
- Annual audit
- Yes
- Prime brokers
- Yes
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
KPMG LLP
PCAOB 185
GOLDMAN SACHS EXECUTION & CLEARING, L.P.
SEC 8-526
JP MORGAN CHASE BANK NA
LEI 7H6GLXDRUGQFU57RNE97
WELLS FARGO SECURITIES, LLC
SEC 8-22947
BTIG, LLC
CRD 122225 · SEC 8-65473
WELLS FARGO SECURITIES, LLC
CRD 7665 · SEC 8-22947
Filing source
Form ADV 2046141 · Mar 17, 2026 · Schedule D 7.B.(1), fund 805-6255732764
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.
| Name | Reported role |
|---|---|
| Anthony Berta | Executive |
| Grant Cleghorn | Executive |
| Michele Clifford | Executive |
| Stephen Perkins | Executive |
| John Stephen Perkins | Executive |
| N/A Toronado Capital Management, Llc | Executive |
| N/A Toronado Partners Llc | Executive |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:San Francisco, CA, 94111