Form D · Hedge Fund

Waterstone Market Neutral Offshore Fund, Ltd.

Grand Cayman, E9 · CIK 0001270415

Offering snapshot reported Feb 12, 2016 · SEC filing

Reported sold
$90.1M
Indefinite offering
Investors reported
25
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Aug 1, 2003
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$907M$1.81BMar 11, 2009: $1,017,569,644.00Mar 11, 2009Feb 22, 2010: $1,529,352,854.00Feb 3, 2011: $1,814,523,295.00Feb 7, 2012: $81,878,823.00Feb 12, 2013: $88,374,332.00Feb 12, 2014: $90,124,332.00Feb 12, 2015: $90,124,332.00Feb 12, 2016: $90,124,332.00Feb 12, 2016

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.

  • Minimum accepted$1,000,000 → $100,000

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Feb 12, 2016Amendment$90,124,332$0vs Feb 12, 201525SEC filing
Feb 12, 2015Amendment$90,124,332$0vs Feb 12, 201425SEC filing
Feb 12, 2014Amendment$90,124,332$1,750,000vs Feb 12, 201325SEC filing
Feb 12, 2013Amendment$88,374,332$6,495,509vs Feb 7, 201224SEC filing
Feb 7, 2012Amendment$81,878,823-$1,732,644,472vs Feb 3, 201120SEC filing
Feb 3, 2011Amendment$1,814,523,295$285,170,441vs Feb 22, 2010229SEC filing
Feb 22, 2010Amendment$1,529,352,854$511,783,210vs Mar 11, 2009198SEC filing
Mar 11, 2009Amendment$1,017,569,644No comparisonNot reportedSEC filing

Offering details

Securities
Equity, Pooled investment fund
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
021-60311

Source: Form D, filed Feb 12, 2016. 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

WATERSTONE MARKET NEUTRAL OFFSHORE FUND, LTD.

Investment adviser: WATERSTONE CAPITAL MANAGEMENT, L.P.

Gross asset value
$115M
Beneficial owners
8
ADV minimum commitment
$1M

Reported in Form ADV on Apr 21, 2015. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator GLOBEOP FINANCIAL SERVICES GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG LTD GRAND CAYMAN, Cayman Islands
Custodian DEUTSCHE BANK SECURITIES INC. NEW YORK, New York, United States Related to adviser: No
Custodian J.P. MORGAN CLEARING CORP. NEW YORK, New York, United States Related to adviser: No
Prime broker DEUTSCHE BANK AG 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

DEUTSCHE BANK SECURITIES INC.
SEC 8-17822

J.P. MORGAN CLEARING CORP.
SEC 8-43724

Filing source

Form ADV 912658 · Apr 21, 2015 · Schedule D 7.B.(1), fund 805-5399929503

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
Shawn Bergerson Director
David Bree Director
Aldo Ghisletta Director
Waterstone Asset Management, Llc Executive
Waterstone Capital Management, L.P. Executive
Waterstone Capital Offshore Advisors, L.P. Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Globeop Financial Svcs (Cayaman) Ltd 45 Market St Ste 3205 Fl 2 Gardenia Ct
Grand Cayman, E9, KY1-9003