Form D · Hedge Fund

Water Island Merger Arbitrage Institutional Commingled Fund, LP

New York, NY · CIK 0001732070

Offering snapshot reported Feb 18, 2022 · SEC filing

Reported sold: $116M
Investors reported: 5
Minimum accepted: $50M
First sale: Feb 26, 2018

Fundraising history

Reported sold

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$115,258,000 → $115,828,000

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Feb 18, 2022	Amendment	$115,828,000	$570,000vs Feb 24, 2021	5	SEC filing
Feb 24, 2021	Amendment	$115,258,000	$1,880,000vs Feb 19, 2020	5	SEC filing
Feb 19, 2020	Amendment	$113,378,000	$10,378,000vs Feb 22, 2019	5	SEC filing
Feb 22, 2019	Amendment	$103,000,000	No comparison	3	SEC filing
Feb 23, 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: $0
Finders' fees: $0
Form D file number: 021-306298

Source: Form D, filed Feb 18, 2022. 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

WATER ISLAND MERGER ARBITRAGE INSTITUTIONAL COMMINGLED FUND, LP

Investment adviser: WATER ISLAND CAPITAL,LLC

Gross asset value: $116M
Beneficial owners: 3
ADV minimum commitment: $50M

Reported in Form ADV on Nov 26, 2019. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator STATE STREET BANK AND TRUST COMPANY BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor EISNER AMPER NEW YORK, New York, United States

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

EISNER AMPER
PCAOB 274

MORGAN STANLEY & CO. LLC
SEC 8-15869

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Filing source

Form ADV 1358578 · Nov 26, 2019 · Schedule D 7.B.(1), fund 805-1059321991

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
Name	Reported role
John S Orrico	Executive
Institutional Commingled Gp, Llc Water Island Merger Arbitrage	Executive
N/A Water Island Merger Arbitrage Institutional Commingled Gp, Llc	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

41 Madison Avenue 42 Nd Floor
New York, NY, 10010