Form D · Hedge Fund
Universa Black Swan Protection Protocol XLVII L.P.
Miami, FL · CIK 0001812629
Offering snapshot reported Dec 30, 2025 · SEC filing
- Reported sold
- $40.5M Indefinite offering
- Investors reported
- 4 Form D · investor count
- Minimum accepted
- $100K Reported outside-investor minimum
- First sale
- Jul 16, 2020 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$38,925,800 → $40,495,800
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Dec 30, 2025 | Amendment | $40,495,800 | $1,570,000vs Jan 2, 2025 | 4 | SEC filing |
| Jan 2, 2025 | Amendment | $38,925,800 | $0vs Jan 5, 2024 | 4 | SEC filing |
| Jan 5, 2024 | Amendment | $38,925,800 | $10,680,800vs Jan 9, 2023 | 4 | SEC filing |
| Jan 9, 2023 | Amendment | $28,245,000 | $12,199,200vs Jan 12, 2022 | 4 | SEC filing |
| Jan 12, 2022 | Amendment | $16,045,800 | $11,178,000vs Jan 13, 2021 | 4 | SEC filing |
| Jan 13, 2021 | Amendment | $4,867,800 | $1,297,800vs Jul 24, 2020 | 4 | SEC filing |
| Jul 24, 2020 | Initial | $3,570,000 | No comparison | 2 | 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
- 021-371777
Limited Partner Interests
Source: Form D, filed Dec 30, 2025. 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 XLVII LP
Investment adviser: UNIVERSA INVESTMENTS L.P.
- Gross asset value
- $382M
- Beneficial owners
- 2
- 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
BOFA SECURITIES, INC.
CRD 283942 · SEC 8-69787
Filing source
Form ADV 2079495 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-5566746689
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 Xlvii 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