Form D · Other Investment Fund

Velanne Global Equity Fund

Westfield, NJ · CIK 0001723614

Offering snapshot reported Dec 2, 2020 · SEC filing

Reported sold
$109M
Indefinite offering
Investors reported
8
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Nov 15, 2017
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$54.4M$109MNov 28, 2017: $32,333,125.00Nov 28, 2017Nov 27, 2018: $77,864,692.00Nov 27, 2018Nov 21, 2019: $103,127,133.00Nov 21, 2019Dec 2, 2020: $108,818,333.00Dec 2, 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$103,127,133 → $108,818,333

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Dec 2, 2020Amendment$108,818,333$5,691,200vs Nov 21, 20198SEC filing
Nov 21, 2019Amendment$103,127,133$70,794,008vs Nov 28, 20178SEC filing
Nov 27, 2018Amendment$77,864,692$45,531,567vs Nov 28, 20177SEC filing
Nov 28, 2017Initial$32,333,125No comparison5SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-299547

Source: Form D, filed Dec 2, 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

THE VELANNE GLOBAL EQUITY FUND

Investment adviser: VELANNE ASSET MANAGEMENT LIMITED

Gross asset value
$123M
Beneficial owners
8
ADV minimum commitment
$2M

Reported in Form ADV on Sep 15, 2021. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS LLP CHICAGO, Illinois, United States
Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

THE NORTHERN TRUST COMPANY
LEI 6PTKHDJ8HDUF78PFWH30

Filing source

Form ADV 1565289 · Sep 15, 2021 · Schedule D 7.B.(1), fund 805-1596782290

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
Stephen Charles Butt Executive
Michael John Julian Cowan Executive
Anne Elizabeth Gudefin Director, Executive
Nicholas Charles Hughes Director, Executive
Timothy John Linehan Director
John Reynolds Director
Jake Michael Alfred Thomson Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
C/O Velanne Asset Management 600 Lawrence Avenue
Westfield, NJ, 07090