PartnerFacts
Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 5:12 AM ET

Sponsor Check › Sponsor group

J

Josephine

One sponsor team, 2 deal companies · Roseville, MN

Grouped because: 2 shared people, similar issuer names (2) (automatic match from the filings) · not the same sponsor?

2deal companies
$2.08Mreported sold
6investors
10Form D filings
2010–2019active
0new, last 12 mo
Follow this sponsor groupLook further ↓

Data last updated Oct 23, 2026, 5:45 PM ET · Latest filing in this group Aug 5, 2019 · Courts (RECAP) last checked: Oct 24, 2026, 2:16 AM ET · SEC enforcement last checked: covered by the index scan as of Oct 24, 2026, 2:50 AM ET

The short version

Josephine is a sponsor group of 2 issuers that PartnerFacts links to one sponsor (shared people, similar issuer names; automatic match from the filings), filing 10 Form D filings between Jan 2010 and Aug 2019.

What this means One team, 2 deal companies, about 9 years of track record in SEC filings. We link the companies because the same people or address appear on their forms — tap "Request a correction" if that is wrong.

Combined reported sold: $2.08M to 6 investors (latest filing per issuer). Industries as reported: Pooled Investment Fund (2). Issuers are based in MN (2).

What this means $2.08M raised across the group, about $347K per investor. Amounts come from each company's latest Form D; they are what the sponsor reported, not audited figures.

Principal people: James Lubratt (2 issuers, director), Mark Lubratt (2 issuers, executive officer, director, and promoter) and Josephine Capital Management LLC (1 issuer, promoter, entity).

What this means The person on the most companies is usually the one running the show; their page lists every deal.

Activity: 0 new offerings in the last 12 months; latest filing Aug 5, 2019.

What this means No new raise filed in the past year.

Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AZ, CA, DE, TX, WA), property records (NYC, FL, IL and TX counties) — none found.

What this means Nothing turned up where we looked (4 sources). That does not prove there is nothing — it means none was found in those sources on that date.

We compared 10 public filings for Josephine and found 13 differences, 5 worth asking the sponsor about: Amount sold went down between filings; Investor count went down between filings; and more below.

What this means These are differences between the sponsor's own SEC filings — both values, dates and sources are listed in Key records, section 4. Most have ordinary explanations; ask the sponsor.

What the community is saying

Community search for Josephine has not run yet — it is joining a line of 9,757 names; searches run around the clock at the hosts' allowed rate. Searched so far: 27 names.

Community comments are quoted as written by their authors. Sources searched: BiggerPockets forums (via DuckDuckGo, Brave, Bing and BiggerPockets search) and Reddit (search feed + public archive).

Key records

Five things investors ask first. Items still in human review are counted, not shown.

1. Lawsuits

None found in sources searched — federal courts (CourtListener / RECAP), checked Oct 24, 2026

What was searched

Sources searched: CourtListener bulk data (RECAP dockets as of 2026-09-30; recall-first rule 10-24) — federal district + bankruptcy courts State courts: not covered (one-tap state court links under Look further). PACER: not searched. · Last checked Oct 24, 2026, 2:16 AM ET.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

2. Regulatory actions

None found in sources searched — SEC enforcement releases (index scan as of Oct 24, 2026, 2:50 AM ET) · state securities regulators: AZ, CA, DE, TX, WA (crawled Oct 23, 2026)

What was searched

SEC enforcement searched: SEC litigation releases and administrative proceedings — respondent names in the sec.gov index titles (30,205 releases, 1995-09-19 to 2026-10-23); release text is read only to confirm a candidate. Names that appear only in the body of a release are not found. — Searched SEC litigation releases and administrative proceedings (1995→ / 2007→) (30,205 records as of Oct 24, 2026, 2:50 AM ET) — nothing matched Josephine..

State securities regulators searched: AZ (Corporation Commission Securities Division), CA (DFPI — 16 of 12,159 DFPI respondent pages read so far; sponsor-name matches are read first), DE (DOJ Investor Protection Unit), TX (State Securities Board), WA (DFI) — last crawled Oct 23, 2026, 9:57 PM ET. Other states are not covered.

3. Bankruptcies

None found in sources searched — federal bankruptcy courts (CourtListener / RECAP), checked Oct 24, 2026

What was searched

Sources searched: Federal bankruptcy courts via CourtListener / RECAP archive (federal district courts, federal bankruptcy courts). State courts: not covered (one-tap state court links under Look further). PACER: not searched (RECAP only). · Last checked Oct 24, 2026, 2:16 AM ET.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

4. Differences between public sources

No comparisons published

What is compared

No public statement by this sponsor group has been collected yet, so there is nothing to compare. Sources compared: the sponsor's own website (known from the issuer's own filings — Form C issuer website, EDGAR company profile — an approved profile claim or Form ADV Item 1.I of its matched adviser) · SEC Form D · SEC Form ADV (IAPD) · Internet Archive · No website is on file for this sponsor group yet.

13 differences found between the filings for Josephine — 5 worth asking about (compared 10 filings on Oct 24, 2026)

Worth asking · Nov 21, 2016 – Jan 29, 2018

Amount sold went down between filings — Josephine Capital, LLC

The Nov 21, 2016 filing says $962,740 sold; the Jan 29, 2018 Form D/A says $934,841 sold — $27,899 less.

What this means Amounts sold normally only go up as a raise continues. A drop can mean investors were refunded, a figure was corrected, or an earlier number was wrong. Ask the sponsor which it was.

Form D/A (earlier) · Nov 21, 2016 ↗Form D/A (later) · Jan 29, 2018 ↗Josephine Capital, LLC — PartnerFacts page ↗
Sources
Worth asking · Jan 5, 2010 – Mar 28, 2012

Amount sold went down between filings — Josephine Capital, LLC

The Jan 5, 2010 filing says $577,693 sold; the Mar 28, 2012 Form D/A says $368,834 sold — $208,859 less.

What this means Amounts sold normally only go up as a raise continues. A drop can mean investors were refunded, a figure was corrected, or an earlier number was wrong. Ask the sponsor which it was.

Form D (earlier) · Jan 5, 2010 ↗Form D/A (later) · Mar 28, 2012 ↗Josephine Capital, LLC — PartnerFacts page ↗
Sources
Worth asking · Jan 5, 2010 – Mar 28, 2012

Investor count went down between filings — Josephine Capital, LLC

The Jan 5, 2010 filing reports 3 investors; the Mar 28, 2012 Form D/A reports 1 investor.

What this means Investor counts normally only grow. A smaller number can mean investors left or were refunded, or a count was corrected. Ask the sponsor what happened.

Form D (earlier) · Jan 5, 2010 ↗Form D/A (later) · Mar 28, 2012 ↗Josephine Capital, LLC — PartnerFacts page ↗
Sources
Worth asking · Sep 24, 2015 – Nov 21, 2016

Josephine Capital Management LLC is no longer listed on the Nov 21, 2016 amendment — Josephine Capital, LLC

Josephine Capital Management LLC appears on the Sep 24, 2015 Form D/A (promoter) but not on the Nov 21, 2016 Form D/A for the same offering.

What this means People leave, and the issuer must list only current officers, directors and promoters. It is still worth asking why this person left and who replaced them.

Form D/A · Sep 24, 2015 ↗Form D/A · Nov 21, 2016 ↗Josephine Capital Management LLC — PartnerFacts page ↗Josephine Capital, LLC — PartnerFacts page ↗
Sources
Worth asking · Mar 29, 2013 – May 29, 2014

James Lubratt is no longer listed on the May 29, 2014 amendment — Josephine Capital, LLC

James Lubratt appears on the Mar 29, 2013 Form D/A (director) but not on the May 29, 2014 Form D/A for the same offering.

What this means People leave, and the issuer must list only current officers, directors and promoters. It is still worth asking why this person left and who replaced them.

Form D/A · Mar 29, 2013 ↗Form D/A · May 29, 2014 ↗James Lubratt — PartnerFacts page ↗Josephine Capital, LLC — PartnerFacts page ↗
Sources
Note · May 29, 2014 – Sep 24, 2015

Mark Lubratt's role changed at Josephine Capital, LLC: executive officer → executive officer, promoter

The May 29, 2014 filing lists Mark Lubratt as executive officer; the Sep 24, 2015 Form D/A lists executive officer, promoter.

What this means Roles on Form D are self-reported by the issuer. A change can mean a real change in who runs the company, or just a different box ticked. Ask who makes decisions today.

Form D/A · May 29, 2014 ↗Form D/A · Sep 24, 2015 ↗Mark Lubratt — PartnerFacts page ↗Josephine Capital, LLC — PartnerFacts page ↗
Sources
Note · Mar 29, 2013 – May 29, 2014

Mark Lubratt's role changed at Josephine Capital, LLC: executive officer, director → executive officer

The Mar 29, 2013 filing lists Mark Lubratt as executive officer, director; the May 29, 2014 Form D/A lists executive officer.

What this means Roles on Form D are self-reported by the issuer. A change can mean a real change in who runs the company, or just a different box ticked. Ask who makes decisions today.

Form D/A · Mar 29, 2013 ↗Form D/A · May 29, 2014 ↗Mark Lubratt — PartnerFacts page ↗Josephine Capital, LLC — PartnerFacts page ↗
Sources
Note · Jan 1, 2010 – Aug 5, 2019

No amendment in the last 12 months on an offering that may still be open — Josephine Capital, LLC (latest filing Aug 5, 2019)

The latest filing for this offering is dated Aug 5, 2019 (first sale Jan 1, 2010). It reports $934,841 sold of an indefinite amount offered. No later amendment is in our index as of Oct 24, 2026.

What this means SEC rules expect a yearly amendment while an offering is still going. The raise may simply have ended — a Form D does not say when it closed. Ask the sponsor whether the offering closed, when, and at what amount.

Form D/A · Aug 5, 2019 ↗Josephine Capital, LLC — PartnerFacts page ↗
Sources
Note · Nov 5, 2011 – Dec 21, 2012

No amendment in the last 12 months on an offering that may still be open — Josephine Fund, LLC (latest filing Dec 21, 2012)

The latest filing for this offering is dated Dec 21, 2012 (first sale Nov 5, 2011). It reports $1,150,000 sold of an indefinite amount offered. No later amendment is in our index as of Oct 24, 2026.

What this means SEC rules expect a yearly amendment while an offering is still going. The raise may simply have ended — a Form D does not say when it closed. Ask the sponsor whether the offering closed, when, and at what amount.

Form D/A · Dec 21, 2012 ↗Josephine Fund, LLC — PartnerFacts page ↗
Sources
Note · Nov 21, 2016 – Jan 29, 2018

Address moved from Shoreview, MN to Roseville, MN — Josephine Capital, LLC

The people listed on the Nov 21, 2016 filing give Shoreview, MN; on the Jan 29, 2018 filing they give Roseville, MN.

What this means Businesses move; this just shows the two places and dates. If you were told one city and the forms say another, ask which is current.

Form D/A · Nov 21, 2016 ↗Form D/A · Jan 29, 2018 ↗Josephine Capital, LLC — PartnerFacts page ↗
Sources
Note · Jan 5, 2010 – May 29, 2014

Reported net asset value range changed between filings — Josephine Capital, LLC

"$1 - $5,000,000" (Jan 5, 2010); then "Not Applicable" (Mar 29, 2013); then "Decline to Disclose" (May 29, 2014).

What this means This is the size band the issuer picks for itself on the form. A change can mean the business grew or shrank — or that it chose not to say. Ask for current numbers.

Form D · Jan 5, 2010 ↗Form D/A · Mar 29, 2013 ↗Form D/A · May 29, 2014 ↗Josephine Capital, LLC — PartnerFacts page ↗
Sources
Note · Nov 7, 2011 – Dec 21, 2012

Reported net asset value range changed between filings — Josephine Fund, LLC

"$1 - $5,000,000" (Nov 7, 2011); then "Not Applicable" (Dec 21, 2012).

What this means This is the size band the issuer picks for itself on the form. A change can mean the business grew or shrank — or that it chose not to say. Ask for current numbers.

Form D · Nov 7, 2011 ↗Form D/A · Dec 21, 2012 ↗Josephine Fund, LLC — PartnerFacts page ↗
Sources
Note · Mar 29, 2013 – May 29, 2014

Minimum investment changed between filings — Josephine Capital, LLC

The Mar 29, 2013 filing lists a minimum of $100,000; the May 29, 2014 Form D/A lists $0.

What this means A different minimum usually means the offering terms changed. Check which terms apply to you.

Form D/A (earlier) · Mar 29, 2013 ↗Form D/A (later) · May 29, 2014 ↗Josephine Capital, LLC — PartnerFacts page ↗
Sources
What is compared

What is compared: every Form D and D/A we hold for this subject, side by side — filing dates vs. first-sale dates (the 15-day rule), amendment timing on open offerings (the yearly-amendment expectation), amounts sold, investor counts, offering amounts and minimums across amendments, industry and size bands, addresses, how each person's name and role is written, paid sellers' CRD numbers, and (for groups) where the member companies were formed and sit. Everything is as filed by the issuer; the SEC does not check it. Differences are common and usually have ordinary explanations — we show both values, the dates, and the source so you can ask. As of Oct 24, 2026.

5. Money to insiders

0 of 2 offerings report sales commissions; 0 report finder's fees; 1 reports proceeds to related persons totalling $21,041. (includes amounts the issuer reported as estimates)

Offering (latest filing)Sales commissionsFinder's feesTo insidersPaid to sell itSource
Aug 5, 2019 D/A
Josephine Capital, LLC
File 021-137435
$0 (est.)$0 (est.)$0 (est.)None listed on this filingEDGAR ↗
Dec 21, 2012 D/A
Josephine Fund, LLC
File 021-168309
$0$0$21,041 (est.)
Estimated Management Fee, which is based on a percentage of the assets (2% annually); Performance Fee may also be charged but is not included in estimate because of contingent nature of fee.
None listed on this filingEDGAR ↗
How this is counted

Counts come from Form D Items 12–15 on the filings in our index (latest filing per offering; one offering = one SEC file number; an amendment updates its offering rather than adding one). "To insiders" = gross proceeds used for payments to executive officers, directors or promoters. "—" = not reported on that filing. Amounts marked (est.) were reported as estimates. "Paid to sell it" = sales compensation recipients named on that filing (Item 12), each linked to FINRA BrokerCheck when a CRD number is reported.

Counted across all 2 issuers in this group — every filing in our index, latest filing per offering (SEC file number).

Property records 0 documents · 0 ownership records · last checked Oct 23, 2026, 8:59 PM ET · NYC and Cook County lookup still to run

0 recorded documents and 0 ownership records matched to Josephine in the sources searched.

Not found in sources searched as of Oct 23, 2026, 8:59 PM ET: Hillsborough County FL Clerk of Court Official Records daily index (publicrec.hillsclerk.com D/P/M files), 2 daily files (Oct 14, 2026 to Oct 15, 2026) — loaded Oct 23, 2026, 8:59 PM ET; Florida DOR NAL roll (Hillsborough 39) roll year 2026 — loaded Oct 23, 2026, 8:54 PM ET; Florida DOR NAL roll (Dade 23) roll year 2026 — loaded Oct 23, 2026, 8:58 PM ET; Harris County Appraisal District real_acct.txt roll year 2026 — loaded Oct 23, 2026, 8:58 PM ET; Dallas Central Appraisal District ACCOUNT_INFO.CSV roll year 2026 — loaded Oct 23, 2026, 8:58 PM ET. Still to be looked up for this group: NYC ACRIS via NYC Open Data (Real Property Parties 636b-3b5g, Master bnx9-e6tj, Legals 8h5j-fqxa, Document Control Codes 7isb-wh4c) · NYC PLUTO ownership via NYC Open Data (64uk-42ks) · Cook County IL Assessor via Cook County Open Data (Parcel Sales wvhk-k5uv; Parcel Addresses 3723-97qp). Records in other counties, and recorder indexes we do not yet cover, were not searched.

Property records coverage: New York City (ACRIS recorded documents and PLUTO ownership, looked up per issuer when its page is viewed; re-checked when the page is viewed again more than 30 days after the last check); Hillsborough County FL (recorded documents from Oct 14, 2026 forward; ownership from FL DOR roll 2026); Cook County IL (assessor ownership and deed/sale records, looked up per issuer when its page is viewed); Harris County TX and Dallas County TX (assessor ownership rolls only, 2026 roll; no deed, mortgage or sale records); Miami-Dade County FL (ownership from FL DOR roll only; Clerk recorded documents not covered). Recorder indexes for TX, AZ, IL and WA counties, mortgages and liens outside NYC and FL, lis pendens and foreclosure notices everywhere, Miami-Dade County FL recorded documents, Maricopa County AZ, King County WA, Salt Lake County UT, and all other counties are not covered — not searched. Last refresh by source: Hillsborough County FL Clerk daily index Oct 23, 2026, 8:59 PM ET; Dallas Central Appraisal District ACCOUNT_INFO.CSV Oct 23, 2026, 8:58 PM ET; Harris County Appraisal District real_acct.txt Oct 23, 2026, 8:58 PM ET; Florida DOR NAL roll (Dade 23) Oct 23, 2026, 8:58 PM ET; Florida DOR NAL roll (Hillsborough 39) Oct 23, 2026, 8:54 PM ET. NYC and Cook County are looked up per issuer when its page is viewed; the most recent such lookup on this site finished Oct 24, 2026, 3:30 AM ET. Parties are named as the recorder's index names them (role suffixes as recorded); no address, account number or trust date is shown for an individual, and individual owners of record (home ownership) are not matched or shown. Items still in human review are not shown.

Issuers in this group

Why each issuer is here is stated in the "Linked by" column. Low-confidence links are never shown — they wait for human review.

SourceIssuerLinked byLocationIndustryFilingsSold (max)InvestorsMin. investment (latest filing)Active
EDGAR ↗JC Josephine Capital, LLCshared people, similar issuer namesRoseville, MNPooled Investment Fund8$962,740
offering Indefinite · similar: $155,000–$5,250,000
4
similar: 4–27
No minimum reported
similar: $1,000–$100,000
2010–2019
EDGAR ↗JF Josephine Fund, LLCshared people, similar issuer namesSHOREVIEW, MNPooled Investment Fund2$1,150,0002$100,0002011–2012

"Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Pooled Investment Fund / 506(b) (83,801 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

Timeline of offerings

SourceFiledIssuerFormIndustryOfferedSold
EDGAR ↗Aug 5, 2019Josephine Capital, LLCD/APooled Investment FundIndefinite$934,841
EDGAR ↗Jan 29, 2018Josephine Capital, LLCD/APooled Investment FundIndefinite$934,841
EDGAR ↗Nov 21, 2016Josephine Capital, LLCD/APooled Investment FundIndefinite$962,740
EDGAR ↗Sep 24, 2015Josephine Capital, LLCD/APooled Investment FundIndefinite$934,841
EDGAR ↗May 29, 2014Josephine Capital, LLCD/APooled Investment FundIndefinite$861,422
EDGAR ↗Mar 29, 2013Josephine Capital, LLCD/APooled Investment FundIndefinite$405,077
EDGAR ↗Dec 21, 2012Josephine Fund, LLCD/APooled Investment FundIndefinite$1,150,000
EDGAR ↗Mar 28, 2012Josephine Capital, LLCD/APooled Investment FundIndefinite$368,834
EDGAR ↗Nov 7, 2011Josephine Fund, LLCDPooled Investment FundIndefinite$50,000
EDGAR ↗Jan 5, 2010Josephine Capital, LLCDPooled Investment FundIndefinite$577,693

Activity: 0 new offerings in the last 12 months across all issuers in this group (new offering = a Form D that is not an amendment, D/A) · most recent filing Aug 5, 2019. Industry history, as reported on each offering's latest filing: All 2 offerings reported: Pooled Investment Fund (2010–2011).

People across the group

NameRolesIssuers hereFirst → last listed
ML Mark LubrattExecutive Officer, Promoter, Director2Jan 5, 2010 → Aug 5, 2019
JL James LubrattDirector2Jan 5, 2010 → Mar 29, 2013
JC Josephine Capital Management LLC entityPromoter1May 29, 2014 → Sep 24, 2015

Adviser registration (Form ADV)

Searched SEC Form ADV bulk data (registered + exempt reporting advisers) (24,962 records as of Oct 2, 2026, 8:00 AM ET) — nothing matched Josephine.

Meta advertising

No Meta Pixel ids or Facebook / Instagram page links on file for Josephine as of Oct 24, 2026 — the sponsor website is read for them once it is on file (runs automatically). Meta Ad Library: not searched by PartnerFacts (no API access); a one-tap Ad Library search is under Look further.

Other offering types (Regulation A and Regulation Crowdfunding)

Searched SEC Regulation A Data Sets (Forms 1-A, 1-K, 1-Z; 2015 Q2 → 2026 Q3); SEC Crowdfunding Offerings Data Sets (Form C family; 2016 Q2 → 2026 Q3); EDGAR form index for 2026 Q3 → 2026 Q4 (51,358 records as of Oct 23, 2026, 8:41 PM ET) — nothing matched this name.

Public profiles and social

No website or social profile named in Josephine's SEC filings (Form C, Reg A, Form ADV; checked Oct 24, 2026). Web search for this name: #335,840 of 374,652 in line (14 issuers searched so far). One-tap searches: Look further ↓

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Change history

No corrections have been requested for this page.

Request a correction

Free. Covers the grouping itself or any record shown here. Logged with status: received → under review → fixed / confirmed with source.

Sponsor response

Add a sourced explanation next to any fact. Reviewed before publishing.

Grouping is PartnerFacts' inference from public filings (shared related persons, management entities, business address). Everything else on this page is drawn from the filings themselves. Not the same sponsor? Request a correction.

Look further

One-tap searches on sites we do not index ourselves, with the name pre-filled (outside the US (as filed: ROSEVILLE), MN). Each opens in a new tab; what you find there is not verified by PartnerFacts.

Social and web

LinkedIn companies ↗Instagram ↗X (Twitter) ↗Facebook ↗YouTube ↗Google ↗Google Images ↗Google News ↗Meta Ad Library ↗

Courts

CourtListener / RECAP (federal) ↗PACER case locator (federal, login) ↗Minnesota court records online ↗

Securities regulators

SEC EDGAR full-text search ↗SEC action look-up ↗FINRA BrokerCheck ↗SEC IAPD adviser search ↗

Business registries

Minnesota Secretary of State business search ↗OpenCorporates ↗