Darren Beals is listed as an executive officer and director on 25 SEC Form D filings by 4 issuers between Jan 2014 and Dec 2020: New Generation Turnaround Fund (Delaware) LP (Manchester, MA — pooled investment fund — 2014–2020; $524.2M reported sold to 153 investors), New Generation Turnaround Fund (Bermuda) L.P. (Hamilton, Bermuda (as filed: D0) — pooled investment fund — 2014–2020; $482.6M reported sold to 110 investors), NEW GENERATION LIMITED PARTNERSHIP (Manchester, MA — pooled investment fund — 2014–2020; $176.3M reported sold to 175 investors) and New Generation Loan Fund, L.P. (Manchester, MA — pooled investment fund — 2014–2016; $30.4M reported sold to 4 investors).
What this means A repeat sponsor — 4 separate companies raised money with this person listed as executive officer and director, over about 6 years. Across those companies the filings report $1.21B sold in total.
All 4 issuers belong to the sponsor group Ironsides (12 issuers, $1.82B reported sold, 2009–2020).
What this means A sponsor group is one team that sets up a new company for each deal. Ironsides has 12 companies on file and $1.82B reported sold in total — the group page shows the whole track record in one place.
Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AR, AZ, CA, CT, DE, FINRA, GA, HI, ID, LA, ME, MO, MS, MT, NASAA, NC, NH, NM, OR, RI, TX, WA) — none found.
What this means Nothing turned up where we looked (3 sources). That does not prove there is nothing — it means none was found in those sources on that date.
We compared 25 public filings for Darren Beals and found 5 differences, 1 worth asking the sponsor about: Form D filed 292 days after the first sale; 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.