Form D · Hedge Fund

VPL I TRUST

Grand Cayman, E9 · CIK 0001459527

Offering snapshot reported May 5, 2026 · SEC filing

Reported sold
$315M
Indefinite offering
Investors reported
56
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
Dec 1, 2006
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$157M$315MApr 16, 2013: $26,646,079.00Apr 16, 2013Dec 11, 2014: $27,396,079.00Dec 11, 2014: $27,396,079.00Feb 29, 2016: $27,417,811.00Feb 24, 2017: $27,417,811.00Feb 21, 2018: $27,417,811.00Feb 20, 2019: $50,685,936.00Feb 20, 2020: $59,062,698.00Feb 22, 2021: $59,062,698.00Mar 23, 2022: $62,999,393.00Mar 22, 2023: $108,763,658.00May 3, 2024: $306,148,656.00May 5, 2025: $311,359,387.00May 5, 2026: $314,654,747.00May 5, 2026

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$311,359,387 → $314,654,747
  • Reported investors52 → 56

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
May 5, 2026Amendment$314,654,747$3,295,360vs May 5, 202556SEC filing
May 5, 2025Amendment$311,359,387$5,210,731vs May 3, 202452SEC filing
May 3, 2024Amendment$306,148,656$197,384,998vs Mar 22, 202351SEC filing
Mar 22, 2023Amendment$108,763,658$45,764,265vs Mar 23, 202210SEC filing
Mar 23, 2022Amendment$62,999,393$3,936,695vs Feb 22, 202110SEC filing
Feb 22, 2021Amendment$59,062,698$0vs Feb 20, 202010SEC filing
Feb 20, 2020Amendment$59,062,698$8,376,762vs Feb 20, 20199SEC filing
Feb 20, 2019Amendment$50,685,936$23,268,125vs Feb 21, 20189SEC filing
Feb 21, 2018Amendment$27,417,811$0vs Feb 24, 20178SEC filing
Feb 24, 2017Amendment$27,417,811$0vs Feb 29, 20168SEC filing
Feb 29, 2016Amendment$27,417,811$21,732vs Dec 11, 20148SEC filing
Dec 11, 2014Amendment$27,396,079$750,000vs Apr 16, 20138SEC filing
Dec 11, 2014Amendment$27,396,079$750,000vs Apr 16, 20138SEC filing
Apr 16, 2013Initial$26,646,079No comparison12SEC filing
Mar 11, 2009PaperNot reportedNo comparisonNot reportedSEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-195055

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Pickwick Capital Partners, LLC130672

Source: Form D, filed May 5, 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

VPL I TRUST

Investment adviser: VARECS PARTNERS LIMITED

Gross asset value
$232M
Beneficial owners
16
ADV minimum commitment
$1M

Reported in Form ADV on Jun 29, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator CITCO FUND SERVICES (CAYMAN ISLANDS) LIMITED GEORGE TOWN, GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PRICEWATERHOUSECOOPERS N/A, Cayman Islands
Custodian GOLDMAN SACHS INTERNATIONAL LONDON, United Kingdom Related to adviser: No
Prime broker GOLDMAN SACHS INTERNATIONAL LONDON, United Kingdom
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS
PCAOB 1266

GOLDMAN SACHS INTERNATIONAL
LEI W22LROWP2IHZNBB6K528

Filing source

Form ADV 2112006 · Jun 29, 2026 · Schedule D 7.B.(1), fund 805-4703954975

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
N/A Citco Trustees (Cayman) Limited Executive
United Managers Japan Inc. Executive
Makoto Kikuchi Executive
Masahiro Koshiba Executive
Koshiba Holdings Limited Executive
Varecs Partners Limited Executive
Hideo Nakatani Director
Michael Unglesbee Executive
N/A United Managers Japan Inc. Executive
N/A Varecs Partners Limited Executive
Jiro Yasu Director
Yotaro Yasu Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Citco Trustees (Cayman) Limited 89 Nexus Way, 2nd Floor, Camana Bay
Grand Cayman, E9, KY1-1205