Form D · Private Equity Fund
VARDE SPECIALTY FINANCE PARALLEL FUND, L.P.
Minneapolis, MN · CIK 0001740948
Offering snapshot reported May 21, 2019 · SEC filing
- Reported sold
- $157M Offering amount: $750M
- Investors reported
- 0 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- May 22, 2018 As reported in this filing
What changed?
Latest filing versus its linked predecessor, where available.
No comparable changes in the displayed metrics.
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| May 21, 2019 | Amendment | $156,500,000 | No comparison | 0 | SEC filing |
| May 21, 2018 | 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
- $15K (estimated)
- Finders' fees
- $0 (estimated)
- Form D file number
- 021-312874
The general partner of the Issuer reserves the right to offer a greater amount of LP interests. The amounts listed above are aggregated between the Issuer and its related parallel fund. The LP amount sold by the Issuer to date is $0.
PLACEMENT AGENT FEES TO BE PAID BASED UPON A FEE SCHEDULE. SUCH FEES ARE OFFSET AGAINST THE MANAGEMENT FEES PAYABLE BY THE ISSUER.
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| SAMSUNG SECURITIES CO., LTD. | None | |
| ALTMENT CAPITAL PARTNERS, S.L. | None |
Source: Form D, filed May 21, 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
THE VÄRDE SPECIALTY FINANCE PARALLEL FUND, L.P
Investment adviser: VARDE MANAGEMENT, L.P.
- Gross asset value
- $0
- Beneficial owners
- 0
- ADV minimum commitment
- $1
Reported in Form ADV on Feb 24, 2020. Fund assets and beneficial owners measure different things from Form D sales and investors.
Service providers
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- No
- External marketing
- Yes
KPMG, LLP
PCAOB 185
THE BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49
Filing source
Form ADV 1383405 · Feb 24, 2020 · Schedule D 7.B.(1), fund 805-5651071090
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 |
|---|---|
| Bradley P. Bauer | Executive |
| Ilfryn C. Carstairs | Executive |
| Jonathan A. Fox | Executive |
| Ali M. Haroon | Executive |
| Scott T. Hartman | Executive |
| Jeremy D. Hedberg | Executive |
| George G. Hicks | Executive |
| Andrew P. Lenk | Executive |
| Elena Lieskovska | Executive |
| Haseeb K. Malik | Executive |
| David A. Marple | Executive |
| Francisco Milone | Executive |
| Timothy J. Mooney | Executive |
| Giuseppe Naglieri | Executive |
| Rick J. Noel | Executive |
| Marcia L. Page | Executive |
| Brian C. Schmidt | Executive |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Minneapolis, MN, 55402