Form D · Hedge Fund

ZW U.S. Funds, LLC (AGGRESSIVE FUND)

New York, NY · CIK 0002025810

Offering snapshot reported May 28, 2026 · SEC filing

Reported sold: $5.2M
Investors reported: 4
Minimum accepted: $25K
First sale: May 1, 2022

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.

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 28, 2026	Amendment	$5,200,000	$0vs May 29, 2025	4	SEC filing
May 29, 2025	Initial	$5,200,000	No comparison	4	SEC filing
Jun 4, 2024	Initial	$3,400,000	No comparison	4	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.1
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-547506

Source: Form D, filed May 28, 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

ZW U.S. FUNDS LLC (AGGRESSIVE FUND)

Investment adviser: ZEPHYR MANAGEMENT, L.P.

Gross asset value: $5.93M
Beneficial owners: 8
ADV minimum commitment: $25K

Reported in Form ADV on Mar 17, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator APEX GROUP LTD CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Custodian JP MORGAN CHASE BANK, N.A. NEW YORK, New York, United States Related to adviser: No

Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No

Marketer WATERFIELD ADVISORS PRIVATE LIMITED MUMBAI, India Related to adviser: No

Provider details

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

JP MORGAN CHASE BANK, N.A.
LEI 7H6GLXDRUGQFU57RNE97

Filing source

Form ADV 2056253 · Mar 17, 2026 · Schedule D 7.B.(1), fund 805-6420001291

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
N/A Zephyr Management, L.P.	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

Zephyr Management, L.P. 12 East 49 Th Street, 41 St Floor
New York, NY, 10017