Form D · Hedge Fund
Universa Black Swan Protection Protocol XIV L.P.
Miami, FL · CIK 0001595295
Offering snapshot reported Apr 13, 2026 · SEC filing
- Reported sold
- $209M Indefinite offering
- Investors reported
- 6 Form D · investor count
- Minimum accepted
- $1M Reported outside-investor minimum
- First sale
- Jan 13, 2014 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$190,501,173 → $209,001,173
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Apr 13, 2026 | Amendment | $209,001,173 | $18,500,000vs Apr 14, 2025 | 6 | SEC filing |
| Apr 14, 2025 | Amendment | $190,501,173 | $13,800,000vs Apr 17, 2024 | 6 | SEC filing |
| Apr 17, 2024 | Amendment | $176,701,173 | $18,700,000vs May 2, 2023 | 6 | SEC filing |
| May 2, 2023 | Amendment | $158,001,173 | $17,900,000vs Apr 27, 2022 | 6 | SEC filing |
| Apr 27, 2022 | Amendment | $140,101,173 | $34,005,626vs Apr 29, 2021 | 6 | SEC filing |
| Apr 29, 2021 | Amendment | $106,095,547 | $0vs May 12, 2020 | 6 | SEC filing |
| May 12, 2020 | Amendment | $106,095,547 | $17,045,758vs May 14, 2019 | 6 | SEC filing |
| May 14, 2019 | Amendment | $89,049,789 | $9,569,118vs May 16, 2018 | 6 | SEC filing |
| May 16, 2018 | Amendment | $79,480,671 | $29,592,751vs Jun 10, 2016 | 6 | SEC filing |
| Jun 2, 2017 | Amendment | $69,894,098 | $20,006,178vs Jun 10, 2016 | 6 | SEC filing |
| Jun 10, 2016 | Amendment | $49,887,920 | $18,215,416vs Jun 12, 2015 | 6 | SEC filing |
| Jun 12, 2015 | Amendment | $31,672,504 | $15,005,904vs Jun 12, 2014 | 6 | SEC filing |
| Jun 12, 2014 | Amendment | $16,666,600 | No comparison | 6 | SEC filing |
| Jan 8, 2014 | Initial | Yet to sell | No comparison | 0 | SEC filing |
Offering details
- Securities
- Equity, Pooled investment fund, Other
- 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
- 021-209530
Limited Partner Interests
Source: Form D, filed Apr 13, 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
UNIVERSA BLACK SWAN PROTECTION PROTOCOL XIV L.P.
Investment adviser: UNIVERSA INVESTMENTS L.P.
- Gross asset value
- $929M
- Beneficial owners
- 1
- ADV minimum commitment
- $150M
Reported in Form ADV on Mar 31, 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
ERNST & YOUNG LLP
PCAOB 42
BOFA SECURITIES, INC.
SEC 8-69787
INTERACTIVE BROKERS LLC
SEC 8-47257
BOFA SECURITIES, INC.
CRD 283942 · SEC 8-69787
INTERACTIVE BROKERS LLC
CRD 36418 · SEC 8-47257
Filing source
Form ADV 2079495 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-2159815024
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 |
|---|---|
| Eric Spencer | Executive |
| Mark W. Spitznagel | Executive |
| N/A Universa Black Swan Gp Xiv Llc | Executive |
| N/A Universa Safe Haven Delaware Gp 1 Llc | Executive |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Miami, FL, 33133