Waterfall Victoria Fund, Ltd.

Source	Offering (latest filing)	Sales commissions	Finder's fees	To insiders	Paid to sell it
EDGAR ↗	Oct 15, 2025 D/A File 021-139406	$5,510,910 (est.)	$0	$0	M.D. Sass Securities, L.L.C. BrokerCheck CRD 139760 ↗

Offerings (SEC Form D)

Each filing as reported by the issuer, newest first. Open a row for the full plain-English detail. D = original notice, D/A = amendment.

Offerings at a glance — 1 offering, 19 filings (one row per SEC file number)

File no.	Original Form D	Latest filing	Amendments	Offered (latest)	Sold (latest)	Industry (latest)
021-139406	Mar 10, 2010 EDGAR ↗	Oct 15, 2025 D/A EDGAR ↗	18 latest Oct 15, 2025	Indefinite	$1,592,079,296	Pooled Investment Fund

Offerings are grouped by SEC file number; rows without a file number (not yet retrieved from EDGAR) are shown as their own offering until the link is fetched.

Oct 15, 2025 D/A Pooled Investment Fund — $1,592,079,296 sold of Indefinite · 99 investors EDGAR ↗

Filing	Form D/A (amendment) filed Oct 15, 2025 · amends 0001484687-24-000001 ↗ SEC file no. 021-139406 · accession 0000905148-25-003600 · filing 19 of 19 in this offering
Raise progress	$1,592,079,296 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Original Form D filed: Mar 10, 2010 (983 days after first sale) · This amendment (Form D/A) filed: Oct 15, 2025 This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. This filing is an amendment dated Oct 15, 2025. Most recent amendment for this offering in our index: this filing, Oct 15, 2025. Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	99 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$1,000,000
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, L.L.C. — FINRA BrokerCheck CRD 139760 ↗ Solicits in: AK, CA, CO, CT, FL, IL, MA, MI, MS, NJ, NY, OR, PA, TX, WA, WY
Money to insiders	Sales commissions: $5,510,910 (est.) · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: M.D. Sass Securities, L.L.C. no longer acts as placement agent on behalf of the Issuer.
Signed by	Kenneth Nick, Director of the Issuer (Oct 15, 2025)
Changes vs previous filing	No change in the fields compared. Compared with the D/A filed Oct 15, 2024 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market context	Minimum investment: $1,000,000. Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 99. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Oct 15, 2024 D/A Pooled Investment Fund — $1,592,079,296 sold of Indefinite · 99 investors EDGAR ↗

Filing	Form D/A (amendment) filed Oct 15, 2024 · amends 0001484687-23-000002 ↗ SEC file no. 021-139406 · accession 0001484687-24-000001 · filing 18 of 19 in this offering
Raise progress	$1,592,079,296 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Original Form D filed: Mar 10, 2010 (983 days after first sale) · This amendment (Form D/A) filed: Oct 15, 2024 This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. This filing is an amendment dated Oct 15, 2024. Most recent amendment for this offering in our index: Oct 15, 2025 (EDGAR ↗). Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	99 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$1,000,000
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, L.L.C. — FINRA BrokerCheck CRD 139760 ↗ Solicits in: AK, CA, CO, CT, FL, IL, MA, MI, MS, NJ, NY, OR, PA, TX, WA, WY
Money to insiders	Sales commissions: $5,510,910 (est.) · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: M.D. Sass Securities, L.L.C. no longer acts as placement agent on behalf of the Issuer.
Signed by	Kenneth Nick, Director of the Issuer (Oct 15, 2024)
Changes vs previous filing	total sold: $1,589,648,962 (Oct 12, 2023) → $1,592,079,296 (Oct 15, 2024) Compared with the D/A filed Oct 12, 2023 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market context	Minimum investment: $1,000,000. Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 99. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Oct 12, 2023 D/A Pooled Investment Fund — $1,589,648,962 sold of Indefinite · 99 investors EDGAR ↗

Filing	Form D/A (amendment) filed Oct 12, 2023 · amends 0001484687-22-000002 ↗ SEC file no. 021-139406 · accession 0001484687-23-000002 · filing 17 of 19 in this offering
Raise progress	$1,589,648,962 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Original Form D filed: Mar 10, 2010 (983 days after first sale) · This amendment (Form D/A) filed: Oct 12, 2023 This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. This filing is an amendment dated Oct 12, 2023. Most recent amendment for this offering in our index: Oct 15, 2025 (EDGAR ↗). Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	99 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$1,000,000
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, L.L.C. — FINRA BrokerCheck CRD 139760 ↗ Solicits in: AK, CA, CO, CT, FL, IL, MA, MI, MS, NJ, NY, OR, PA, TX, WA, WY
Money to insiders	Sales commissions: $5,510,910 (est.) · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: M.D. Sass Securities, L.L.C. no longer acts as placement agent on behalf of the Issuer.
Signed by	Kenneth Nick, Director of the Issuer (Oct 12, 2023)
Changes vs previous filing	total sold: $1,589,574,129 (Oct 12, 2022) → $1,589,648,962 (Oct 12, 2023) Compared with the D/A filed Oct 12, 2022 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market context	Minimum investment: $1,000,000. Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 99. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Oct 12, 2022 D/A Pooled Investment Fund — $1,589,574,129 sold of Indefinite · 99 investors EDGAR ↗

Filing	Form D/A (amendment) filed Oct 12, 2022 · amends 0001484687-22-000001 ↗ SEC file no. 021-139406 · accession 0001484687-22-000002 · filing 16 of 19 in this offering
Raise progress	$1,589,574,129 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Original Form D filed: Mar 10, 2010 (983 days after first sale) · This amendment (Form D/A) filed: Oct 12, 2022 This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. This filing is an amendment dated Oct 12, 2022. Most recent amendment for this offering in our index: Oct 15, 2025 (EDGAR ↗). Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	99 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$1,000,000
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, L.L.C. — FINRA BrokerCheck CRD 139760 ↗ Solicits in: AK, CA, CO, CT, FL, IL, MA, MI, MS, NJ, NY, OR, PA, TX, WA, WY
Money to insiders	Sales commissions: $5,510,910 (est.) · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: M.D. Sass Securities, L.L.C. no longer acts as placement agent on behalf of the Issuer.
Signed by	Kenneth Nick, Director of the Issuer (Oct 12, 2022)
Changes vs previous filing	No change in the fields compared. Compared with the D/A filed Oct 12, 2022 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market context	Minimum investment: $1,000,000. Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 99. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Oct 12, 2022 D/A Pooled Investment Fund — $1,589,574,129 sold of Indefinite · 99 investors EDGAR ↗

Filing	Form D/A (amendment) filed Oct 12, 2022 · amends 0001513945-21-000010 ↗ SEC file no. 021-139406 · accession 0001484687-22-000001 · filing 15 of 19 in this offering
Raise progress	$1,589,574,129 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Original Form D filed: Mar 10, 2010 (983 days after first sale) · This amendment (Form D/A) filed: Oct 12, 2022 This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. This filing is an amendment dated Oct 12, 2022. Most recent amendment for this offering in our index: Oct 15, 2025 (EDGAR ↗). Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	99 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$1,000,000
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, L.L.C. — FINRA BrokerCheck CRD 139760 ↗ Solicits in: AK, CA, CO, CT, FL, IL, MA, MI, MS, NJ, NY, OR, PA, TX, WA, WY
Money to insiders	Sales commissions: $5,510,910 (est.) · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: M.D. Sass Securities, L.L.C. no longer acts as placement agent on behalf of the Issuer.
Signed by	Kenneth Nick, Director of the Issuer (Oct 12, 2022)
Changes vs previous filing	total sold: $1,487,759,279 (Oct 12, 2021) → $1,589,574,129 (Oct 12, 2022) investors: 93 (Oct 12, 2021) → 99 (Oct 12, 2022) Compared with the D/A filed Oct 12, 2021 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market context	Minimum investment: $1,000,000. Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 99. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Oct 12, 2021 D/A Pooled Investment Fund — $1,487,759,279 sold of Indefinite · 93 investors EDGAR ↗

Filing	Form D/A (amendment) filed Oct 12, 2021 · amends 0001484687-20-000001 ↗ SEC file no. 021-139406 · accession 0001513945-21-000010 · filing 14 of 19 in this offering
Raise progress	$1,487,759,279 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Original Form D filed: Mar 10, 2010 (983 days after first sale) · This amendment (Form D/A) filed: Oct 12, 2021 This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. This filing is an amendment dated Oct 12, 2021. Most recent amendment for this offering in our index: Oct 15, 2025 (EDGAR ↗). Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	93 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$1,000,000
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, L.L.C. — FINRA BrokerCheck CRD 139760 ↗ Solicits in: AK, CA, CO, CT, FL, IL, MA, MI, MS, NJ, NY, OR, PA, TX, WA, WY
Money to insiders	Sales commissions: $5,510,910 (est.) · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: The Investment Manager pays a portion of its management fees, which may vary from time to time, to the selling agent.
Signed by	Kenneth Nick, Director of the Issuer (Oct 12, 2021)
Changes vs previous filing	total sold: $1,350,481,983 (Oct 9, 2020) → $1,487,759,279 (Oct 12, 2021) investors: 92 (Oct 9, 2020) → 93 (Oct 12, 2021) sales commissions: $5,510,102 (Oct 9, 2020) → $5,510,910 (Oct 12, 2021) Compared with the D/A filed Oct 9, 2020 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market context	Minimum investment: $1,000,000. Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 93. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Oct 9, 2020 D/A Pooled Investment Fund — $1,350,481,983 sold of Indefinite · 92 investors EDGAR ↗

Filing	Form D/A (amendment) filed Oct 9, 2020 · amends 0001484687-19-000001 ↗ SEC file no. 021-139406 · accession 0001484687-20-000001 · filing 13 of 19 in this offering
Raise progress	$1,350,481,983 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Original Form D filed: Mar 10, 2010 (983 days after first sale) · This amendment (Form D/A) filed: Oct 9, 2020 This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. This filing is an amendment dated Oct 9, 2020. Most recent amendment for this offering in our index: Oct 15, 2025 (EDGAR ↗). Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	92 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$1,000,000
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, L.L.C. — FINRA BrokerCheck CRD 139760 ↗ Solicits in: AK, CA, CO, CT, FL, IL, MA, MI, MS, NJ, NY, OR, PA, TX, WA, WY
Money to insiders	Sales commissions: $5,510,102 (est.) · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: The Investment Manager pays a portion of its management fees, which may vary from time to time, to the selling agent.
Signed by	Kenneth Nick, Director of the Issuer (Oct 9, 2020)
Changes vs previous filing	total sold: $1,131,978,915 (Aug 19, 2019) → $1,350,481,983 (Oct 9, 2020) investors: 85 (Aug 19, 2019) → 92 (Oct 9, 2020) sales commissions: $5,468,326 (Aug 19, 2019) → $5,510,102 (Oct 9, 2020) Compared with the D/A filed Aug 19, 2019 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market context	Minimum investment: $1,000,000. Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 92. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Aug 19, 2019 D/A Pooled Investment Fund — $1,131,978,915 sold of Indefinite · 85 investors EDGAR ↗

Filing	Form D/A (amendment) filed Aug 19, 2019 · amends 0001407856-19-000002 ↗ SEC file no. 021-139406 · accession 0001484687-19-000001 · filing 12 of 19 in this offering
Raise progress	$1,131,978,915 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Original Form D filed: Mar 10, 2010 (983 days after first sale) · This amendment (Form D/A) filed: Aug 19, 2019 This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. This filing is an amendment dated Aug 19, 2019. Most recent amendment for this offering in our index: Oct 15, 2025 (EDGAR ↗). Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	85 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$1,000,000
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, L.L.C. — FINRA BrokerCheck CRD 139760 ↗ Solicits in: AK, CA, CO, CT, FL, IL, MA, MI, MS, NJ, NY, OR, PA, TX, WA, WY
Money to insiders	Sales commissions: $5,468,326 (est.) · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: The Investment Manager pays a portion of its management fees, which may vary from time to time, to the selling agent.
Signed by	Kenneth Nick, Director of the Issuer (Aug 19, 2019)
Changes vs previous filing	No change in the fields compared. Compared with the D/A filed Aug 5, 2019 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market context	Minimum investment: $1,000,000. Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 85. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Aug 5, 2019 D/A Pooled Investment Fund — $1,131,978,915 sold of Indefinite · 85 investors EDGAR ↗

Filing	Form D/A (amendment) filed Aug 5, 2019 · amends 0001484687-18-000001 ↗ SEC file no. 021-139406 · accession 0001407856-19-000002 · filing 11 of 19 in this offering
Raise progress	$1,131,978,915 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Original Form D filed: Mar 10, 2010 (983 days after first sale) · This amendment (Form D/A) filed: Aug 5, 2019 This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. This filing is an amendment dated Aug 5, 2019. Most recent amendment for this offering in our index: Oct 15, 2025 (EDGAR ↗). Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	85 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$1,000,000
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, L.L.C. — FINRA BrokerCheck CRD 139760 ↗ Solicits in: AK, CA, CO, CT, FL, IL, MA, MI, MS, NJ, NY, OR, PA, TX, WA, WY
Money to insiders	Sales commissions: $5,468,326 (est.) · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: The Investment Manager pays a portion of its management fees, which may vary from time to time, to the selling agent.
Signed by	Kenneth Nick, Director of the Issuer (Aug 5, 2019)
Changes vs previous filing	total sold: $851,262,745 (Aug 3, 2018) → $1,131,978,915 (Aug 5, 2019) investors: 73 (Aug 3, 2018) → 85 (Aug 5, 2019) sales commissions: $5,274,386 (Aug 3, 2018) → $5,468,326 (Aug 5, 2019) Compared with the D/A filed Aug 3, 2018 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market context	Minimum investment: $1,000,000. Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 85. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Aug 3, 2018 D/A Pooled Investment Fund — $851,262,745 sold of Indefinite · 73 investors EDGAR ↗

Filing	Form D/A (amendment) filed Aug 3, 2018 · amends 0001484687-17-000001 ↗ SEC file no. 021-139406 · accession 0001484687-18-000001 · filing 10 of 19 in this offering
Raise progress	$851,262,745 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Original Form D filed: Mar 10, 2010 (983 days after first sale) · This amendment (Form D/A) filed: Aug 3, 2018 This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. This filing is an amendment dated Aug 3, 2018. Most recent amendment for this offering in our index: Oct 15, 2025 (EDGAR ↗). Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	73 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$1,000,000
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, L.L.C. — FINRA BrokerCheck CRD 139760 ↗ Solicits in: AK, CA, CO, CT, FL, IL, MA, MI, MS, NJ, NY, OR, PA, TX, WA, WY
Money to insiders	Sales commissions: $5,274,386 (est.) · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: The Investment Manager pays a portion of its management fees, which may vary from time to time, to the selling agent.
Signed by	Kenneth Nick, Director of the Issuer (Aug 3, 2018)
Changes vs previous filing	total sold: $626,106,461 (Aug 3, 2017) → $851,262,745 (Aug 3, 2018) investors: 55 (Aug 3, 2017) → 73 (Aug 3, 2018) sales commissions: $5,053,297 (Aug 3, 2017) → $5,274,386 (Aug 3, 2018) Compared with the D/A filed Aug 3, 2017 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market context	Minimum investment: $1,000,000. Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 73. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Aug 3, 2017 D/A Pooled Investment Fund — $626,106,461 sold of Indefinite · 55 investors EDGAR ↗

Filing	Form D/A (amendment) filed Aug 3, 2017 · amends 0001484687-16-000002 ↗ SEC file no. 021-139406 · accession 0001484687-17-000001 · filing 9 of 19 in this offering
Raise progress	$626,106,461 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Original Form D filed: Mar 10, 2010 (983 days after first sale) · This amendment (Form D/A) filed: Aug 3, 2017 This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. This filing is an amendment dated Aug 3, 2017. Most recent amendment for this offering in our index: Oct 15, 2025 (EDGAR ↗). Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	55 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$1,000,000
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, L.L.C. — FINRA BrokerCheck CRD 139760 ↗ Solicits in: AK, CA, CO, CT, FL, IL, MA, MI, MS, NJ, NY, OR, PA, TX, WA, WY
Money to insiders	Sales commissions: $5,053,297 (est.) · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: The Investment Manager pays a portion of its management fees, which may vary from time to time, to the selling agents.
Signed by	Kenneth Nick, Director of the Issuer (Aug 3, 2017)
Changes vs previous filing	total sold: $445,131,461 (Aug 3, 2016) → $626,106,461 (Aug 3, 2017) investors: 39 (Aug 3, 2016) → 55 (Aug 3, 2017) sales commissions: $4,865,539 (Aug 3, 2016) → $5,053,297 (Aug 3, 2017) Compared with the D/A filed Aug 3, 2016 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market context	Minimum investment: $1,000,000. Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 55. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Aug 3, 2016 D/A Pooled Investment Fund — $445,131,461 sold of Indefinite · 39 investors EDGAR ↗

Filing	Form D/A (amendment) filed Aug 3, 2016 · amends 0001484687-15-000001 ↗ SEC file no. 021-139406 · accession 0001484687-16-000002 · filing 8 of 19 in this offering
Raise progress	$445,131,461 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Original Form D filed: Mar 10, 2010 (983 days after first sale) · This amendment (Form D/A) filed: Aug 3, 2016 This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. This filing is an amendment dated Aug 3, 2016. Most recent amendment for this offering in our index: Oct 15, 2025 (EDGAR ↗). Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	39 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$1,000,000
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, L.L.C. — FINRA BrokerCheck CRD 139760 ↗ Solicits in: AK, CA, CO, CT, FL, IL, MA, MI, MS, NJ, NY, OR, PA, TX, WA, WY
Money to insiders	Sales commissions: $4,865,539 (est.) · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: The Investment Manager pays a portion of its management fees, which may vary from time to time, to the selling agents.
Signed by	Kenneth Nick, Director (Aug 3, 2016)
Changes vs previous filing	total sold: $393,331,461 (Aug 4, 2015) → $445,131,461 (Aug 3, 2016) investors: 35 (Aug 4, 2015) → 39 (Aug 3, 2016) sales commissions: $4,752,228 (Aug 4, 2015) → $4,865,539 (Aug 3, 2016) Compared with the D/A filed Aug 4, 2015 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market context	Minimum investment: $1,000,000. Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 39. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Aug 4, 2015 D/A Pooled Investment Fund — $393,331,461 sold of Indefinite · 35 investors EDGAR ↗

Filing	Form D/A (amendment) filed Aug 4, 2015 · amends 0001484687-14-000001 ↗ SEC file no. 021-139406 · accession 0001484687-15-000001 · filing 7 of 19 in this offering
Raise progress	$393,331,461 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Original Form D filed: Mar 10, 2010 (983 days after first sale) · This amendment (Form D/A) filed: Aug 4, 2015 This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. This filing is an amendment dated Aug 4, 2015. Most recent amendment for this offering in our index: Oct 15, 2025 (EDGAR ↗). Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	35 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$1,000,000
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, L.L.C. — FINRA BrokerCheck CRD 139760 ↗ Solicits in: AK, CA, CO, CT, FL, IL, MA, MI, MS, NJ, NY, OR, PA, TX, WA, WY
Money to insiders	Sales commissions: $4,752,228 (est.) · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: The Investment Manager pays a portion of its management fees, which may vary from time to time, to the selling agents.
Signed by	Kenneth Nick, Director (Aug 4, 2015)
Changes vs previous filing	total sold: $358,831,461 (Aug 21, 2014) → $393,331,461 (Aug 4, 2015) investors: 33 (Aug 21, 2014) → 35 (Aug 4, 2015) sales commissions: $4,409,163 (Aug 21, 2014) → $4,752,228 (Aug 4, 2015) Compared with the D/A filed Aug 21, 2014 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market context	Minimum investment: $1,000,000. Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 35. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Aug 21, 2014 D/A Pooled Investment Fund — $358,831,461 sold of Indefinite · 33 investors EDGAR ↗

Filing	Form D/A (amendment) filed Aug 21, 2014 · amends 0001484687-13-000001 ↗ SEC file no. 021-139406 · accession 0001484687-14-000001 · filing 6 of 19 in this offering
Raise progress	$358,831,461 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Original Form D filed: Mar 10, 2010 (983 days after first sale) · This amendment (Form D/A) filed: Aug 21, 2014 This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. This filing is an amendment dated Aug 21, 2014. Most recent amendment for this offering in our index: Oct 15, 2025 (EDGAR ↗). Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	33 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$1,000,000
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, L.L.C. — FINRA BrokerCheck CRD 139760 ↗ Solicits in: AK, CA, CO, CT, FL, IL, MA, MI, MS, NJ, NY, OR, PA, TX, WA, WY
Money to insiders	Sales commissions: $4,409,163 (est.) · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: The Investment Manager pays a portion of its management fees, which may vary from time to time, to the selling agents.
Signed by	Kenneth Nick, Director (Aug 21, 2014)
Changes vs previous filing	sales commissions: $3,995,245 (Aug 20, 2013) → $4,409,163 (Aug 21, 2014) exemption: Rule 506 (filed before Sept 2013, when 506 was split into 506(b) and 506(c)); Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only (Aug 20, 2013) → Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only (Aug 21, 2014) related persons added (Aug 21, 2014): Alan Tooker Compared with the D/A filed Aug 20, 2013 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market context	Minimum investment: $1,000,000. Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 33. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Aug 20, 2013 D/A Pooled Investment Fund — $358,831,461 sold of Indefinite · 33 investors EDGAR ↗

Filing	Form D/A (amendment) filed Aug 20, 2013 · amends 0001484687-12-000001 ↗ SEC file no. 021-139406 · accession 0001484687-13-000001 · filing 5 of 19 in this offering
Raise progress	$358,831,461 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Original Form D filed: Mar 10, 2010 (983 days after first sale) · This amendment (Form D/A) filed: Aug 20, 2013 This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. This filing is an amendment dated Aug 20, 2013. Most recent amendment for this offering in our index: Oct 15, 2025 (EDGAR ↗). Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	33 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506 (filed before Sept 2013, when 506 was split into 506(b) and 506(c)); Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$1,000,000
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, L.L.C. — FINRA BrokerCheck CRD 139760 ↗ Solicits in: AK, CA, CO, CT, FL, IL, MA, MI, MS, NJ, NY, OR, PA, TX, WA, WY
Money to insiders	Sales commissions: $3,995,245 (est.) · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: Adviser pays a portion of its advisory fee, which may vary from time to time, to the selling agents.
Signed by	Kenneth Nick, General Counsel, Waterfall Asset Management, LLC (Aug 20, 2013)
Changes vs previous filing	total sold: $267,247,568 (Aug 20, 2012) → $358,831,461 (Aug 20, 2013) investors: 84 (Aug 20, 2012) → 33 (Aug 20, 2013) sales commissions: $2,381,266 (Aug 20, 2012) → $3,995,245 (Aug 20, 2013) Compared with the D/A filed Aug 20, 2012 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market context	Minimum investment: $1,000,000. Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 33. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Aug 20, 2012 D/A Pooled Investment Fund — $267,247,568 sold of Indefinite · 84 investors EDGAR ↗

Filing	Form D/A (amendment) filed Aug 20, 2012 · amends 0001479988-12-000007 ↗ SEC file no. 021-139406 · accession 0001484687-12-000001 · filing 4 of 19 in this offering
Raise progress	$267,247,568 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Original Form D filed: Mar 10, 2010 (983 days after first sale) · This amendment (Form D/A) filed: Aug 20, 2012 This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. This filing is an amendment dated Aug 20, 2012. Most recent amendment for this offering in our index: Oct 15, 2025 (EDGAR ↗). Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	84 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506 (filed before Sept 2013, when 506 was split into 506(b) and 506(c)); Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$1,000,000
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, LLC — FINRA BrokerCheck CRD 139760 ↗ Solicits in: AK, CA, CO, CT, FL, IL, MA, MI, MS, NJ, NY, OR, PA, TX, WA, WY
Money to insiders	Sales commissions: $2,381,266 (est.) · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: Adviser pays a portion of its advisory fee, which may vary from time to time, to the selling agents.
Signed by	Kenneth Nick, General Counsel, Waterfall Asset Management LLC (Aug 20, 2012)
Changes vs previous filing	total sold: $318,469,101 (Mar 9, 2012) → $267,247,568 (Aug 20, 2012) investors: 31 (Mar 9, 2012) → 84 (Aug 20, 2012) sales commissions: $1,458,326 (Mar 9, 2012) → $2,381,266 (Aug 20, 2012) related persons added (Aug 20, 2012): Damian Juric, Kenneth Nick related persons no longer listed (Aug 20, 2012): Bobby Liu Compared with the D/A filed Mar 9, 2012 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market context	Minimum investment: $1,000,000. Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 84. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Mar 9, 2012 D/A Pooled Investment Fund — $318,469,101 sold of Indefinite · 31 investors EDGAR ↗

Filing	Form D/A (amendment) filed Mar 9, 2012 · amends 0001484687-11-000001 ↗ SEC file no. 021-139406 · accession 0001479988-12-000007 · filing 3 of 19 in this offering
Raise progress	$318,469,101 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Original Form D filed: Mar 10, 2010 (983 days after first sale) · This amendment (Form D/A) filed: Mar 9, 2012 This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. This filing is an amendment dated Mar 9, 2012. Most recent amendment for this offering in our index: Oct 15, 2025 (EDGAR ↗). Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	31 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506 (filed before Sept 2013, when 506 was split into 506(b) and 506(c)); Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$1,000,000
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, LLC — FINRA BrokerCheck CRD 139760 ↗ Solicits in: AR, CA, CO, CT, FL, IL, MA, MI, MS, NJ, NY, OR, PA, TX, WA, WY
Money to insiders	Sales commissions: $1,458,326 (est.) · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: Adviser pays a portion of its advisory fee, which may vary from time to time, to the selling agents.
Signed by	Kenneth Nick, General Counsel, Waterfall Asset Management LLC (Mar 8, 2012)
Changes vs previous filing	total sold: $218,469,101 (Mar 10, 2011) → $318,469,101 (Mar 9, 2012) investors: 30 (Mar 10, 2011) → 31 (Mar 9, 2012) Compared with the D/A filed Mar 10, 2011 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market context	Minimum investment: $1,000,000. Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 31. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Mar 10, 2011 D/A Pooled Investment Fund — $218,469,101 sold of Indefinite · 30 investors EDGAR ↗

Filing	Form D/A (amendment) filed Mar 10, 2011 · amends 0001484687-10-000001 ↗ SEC file no. 021-139406 · accession 0001484687-11-000001 · filing 2 of 19 in this offering
Raise progress	$218,469,101 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Original Form D filed: Mar 10, 2010 (983 days after first sale) · This amendment (Form D/A) filed: Mar 10, 2011 This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. This filing is an amendment dated Mar 10, 2011. Most recent amendment for this offering in our index: Oct 15, 2025 (EDGAR ↗). Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	30 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506 (filed before Sept 2013, when 506 was split into 506(b) and 506(c)); Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$1,000,000
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, LLC — FINRA BrokerCheck CRD 139760 ↗ Solicits in: AR, CA, CO, CT, FL, IL, MA, MI, MS, NJ, NY, OR, PA, TX, WA, WY
Money to insiders	Sales commissions: $1,458,326 · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: Adviser pays a portion of its advisory fee, which may vary from time to time, to the selling agents.
Signed by	Bobby Liu, Director (Mar 10, 2011)
Changes vs previous filing	total sold: $178,436,283 (Mar 10, 2010) → $218,469,101 (Mar 10, 2011) investors: 29 (Mar 10, 2010) → 30 (Mar 10, 2011) minimum investment: $0 as filed (no minimum reported) (Mar 10, 2010) → $1,000,000 (Mar 10, 2011) sales commissions: $515,476 (Mar 10, 2010) → $1,458,326 (Mar 10, 2011) Compared with the D filed Mar 10, 2010 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market context	Minimum investment: $1,000,000. Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 30. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Mar 10, 2010 D Pooled Investment Fund — $178,436,283 sold of Indefinite · 29 investors EDGAR ↗

Filing	Form D filed Mar 10, 2010 SEC file no. 021-139406 · accession 0001484687-10-000001 · filing 1 of 19 in this offering
Raise progress	$178,436,283 sold of Indefinite offered · Indefinite remaining · first sale Jul 1, 2007
Filing timing	Date of first sale: Jul 1, 2007 · Form D filed: Mar 10, 2010 (983 days after first sale) Rule: a Form D is generally due within 15 days after the first sale. Both dates are shown as reported; no conclusion is drawn.
Time since first sale	7,055 days (19.3 years)
Annual amendments	Issuer reported the offering may last more than one year. Most recent amendment for this offering in our index: Oct 15, 2025 (EDGAR ↗). Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors	29 total · issuer reported no non-accredited investors
Exemption claimed	Rule 506 (filed before Sept 2013, when 506 was split into 506(b) and 506(c)); Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only
Minimum investment accepted	$0 as filed (no minimum reported)
Securities offered	Pooled investment fund interests
Entity details	Organized in CAYMAN ISLANDS · formed more than five years before filing · net asset value range: Decline to Disclose (state and year as reported on the issuer's latest filing) As reported by the issuer on Form D (Items 1–2 and 5).
Industry	Pooled Investment Fund (Hedge Fund)
Who is paid to sell it	M.D. Sass Securities, LLC — FINRA BrokerCheck CRD 139760 ↗
Money to insiders	Sales commissions: $515,476 · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0 Issuer's note: Adviser pays a portion of its advisory fee, which may vary from time to time, to the selling agents.
Signed by	Bobby Liu, Director (Mar 10, 2010)
Market context	Minimum investment: $0 as filed (no minimum reported). Typical range for similar offerings: $1,000–$100,000. Offering size: Indefinite. Typical range: $155,000–$5,250,000. Investors: 29. Typical range: 4–27. "Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
Source	This filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET

Amendment history — 18 amendments on this page, each compared with the filing before it in the same offering

Amendment filed	File no.	Compared with	What changed (both values as filed)
Oct 15, 2025 EDGAR ↗	021-139406	Oct 15, 2024 D/A	No change in the fields compared
Oct 15, 2024 EDGAR ↗	021-139406	Oct 12, 2023 D/A	total sold: $1,589,648,962 (Oct 12, 2023) → $1,592,079,296 (Oct 15, 2024)
Oct 12, 2023 EDGAR ↗	021-139406	Oct 12, 2022 D/A	total sold: $1,589,574,129 (Oct 12, 2022) → $1,589,648,962 (Oct 12, 2023)
Oct 12, 2022 EDGAR ↗	021-139406	Oct 12, 2022 D/A	No change in the fields compared
Oct 12, 2022 EDGAR ↗	021-139406	Oct 12, 2021 D/A	total sold: $1,487,759,279 (Oct 12, 2021) → $1,589,574,129 (Oct 12, 2022) · investors: 93 (Oct 12, 2021) → 99 (Oct 12, 2022)
Oct 12, 2021 EDGAR ↗	021-139406	Oct 9, 2020 D/A	total sold: $1,350,481,983 (Oct 9, 2020) → $1,487,759,279 (Oct 12, 2021) · investors: 92 (Oct 9, 2020) → 93 (Oct 12, 2021) · sales commissions: $5,510,102 (Oct 9, 2020) → $5,510,910 (Oct 12, 2021)
Oct 9, 2020 EDGAR ↗	021-139406	Aug 19, 2019 D/A	total sold: $1,131,978,915 (Aug 19, 2019) → $1,350,481,983 (Oct 9, 2020) · investors: 85 (Aug 19, 2019) → 92 (Oct 9, 2020) · sales commissions: $5,468,326 (Aug 19, 2019) → $5,510,102 (Oct 9, 2020)
Aug 19, 2019 EDGAR ↗	021-139406	Aug 5, 2019 D/A	No change in the fields compared
Aug 5, 2019 EDGAR ↗	021-139406	Aug 3, 2018 D/A	total sold: $851,262,745 (Aug 3, 2018) → $1,131,978,915 (Aug 5, 2019) · investors: 73 (Aug 3, 2018) → 85 (Aug 5, 2019) · sales commissions: $5,274,386 (Aug 3, 2018) → $5,468,326 (Aug 5, 2019)
Aug 3, 2018 EDGAR ↗	021-139406	Aug 3, 2017 D/A	total sold: $626,106,461 (Aug 3, 2017) → $851,262,745 (Aug 3, 2018) · investors: 55 (Aug 3, 2017) → 73 (Aug 3, 2018) · sales commissions: $5,053,297 (Aug 3, 2017) → $5,274,386 (Aug 3, 2018)
Aug 3, 2017 EDGAR ↗	021-139406	Aug 3, 2016 D/A	total sold: $445,131,461 (Aug 3, 2016) → $626,106,461 (Aug 3, 2017) · investors: 39 (Aug 3, 2016) → 55 (Aug 3, 2017) · sales commissions: $4,865,539 (Aug 3, 2016) → $5,053,297 (Aug 3, 2017)
Aug 3, 2016 EDGAR ↗	021-139406	Aug 4, 2015 D/A	total sold: $393,331,461 (Aug 4, 2015) → $445,131,461 (Aug 3, 2016) · investors: 35 (Aug 4, 2015) → 39 (Aug 3, 2016) · sales commissions: $4,752,228 (Aug 4, 2015) → $4,865,539 (Aug 3, 2016)
Aug 4, 2015 EDGAR ↗	021-139406	Aug 21, 2014 D/A	total sold: $358,831,461 (Aug 21, 2014) → $393,331,461 (Aug 4, 2015) · investors: 33 (Aug 21, 2014) → 35 (Aug 4, 2015) · sales commissions: $4,409,163 (Aug 21, 2014) → $4,752,228 (Aug 4, 2015)
Aug 21, 2014 EDGAR ↗	021-139406	Aug 20, 2013 D/A	sales commissions: $3,995,245 (Aug 20, 2013) → $4,409,163 (Aug 21, 2014) · exemption: Rule 506 (filed before Sept 2013, when 506 was split into 506(b) and 506(c)); Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only (Aug 20, 2013) → Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(7) — private fund open to qualified purchasers only (Aug 21, 2014) · related persons added (Aug 21, 2014): Alan Tooker
Aug 20, 2013 EDGAR ↗	021-139406	Aug 20, 2012 D/A	total sold: $267,247,568 (Aug 20, 2012) → $358,831,461 (Aug 20, 2013) · investors: 84 (Aug 20, 2012) → 33 (Aug 20, 2013) · sales commissions: $2,381,266 (Aug 20, 2012) → $3,995,245 (Aug 20, 2013)
Aug 20, 2012 EDGAR ↗	021-139406	Mar 9, 2012 D/A	total sold: $318,469,101 (Mar 9, 2012) → $267,247,568 (Aug 20, 2012) · investors: 31 (Mar 9, 2012) → 84 (Aug 20, 2012) · sales commissions: $1,458,326 (Mar 9, 2012) → $2,381,266 (Aug 20, 2012) · and 2 more (open the filing above)
Mar 9, 2012 EDGAR ↗	021-139406	Mar 10, 2011 D/A	total sold: $218,469,101 (Mar 10, 2011) → $318,469,101 (Mar 9, 2012) · investors: 30 (Mar 10, 2011) → 31 (Mar 9, 2012)
Mar 10, 2011 EDGAR ↗	021-139406	Mar 10, 2010 D	total sold: $178,436,283 (Mar 10, 2010) → $218,469,101 (Mar 10, 2011) · investors: 29 (Mar 10, 2010) → 30 (Mar 10, 2011) · minimum investment: $0 as filed (no minimum reported) (Mar 10, 2010) → $1,000,000 (Mar 10, 2011) · and 1 more (open the filing above)

Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Values as filed; no conclusion is drawn.

All Form D filings for this CIK on SEC EDGAR ↗. History: 0 new offerings in the last 12 months (new offering = a Form D that is not an amendment) · most recent filing Oct 15, 2025. Industry as reported, by offering: One offering, reported as Pooled Investment Fund (Mar 10, 2010).

Key people (related persons as listed on Form D)

Name	Relationship	Address state	On filings (first → last)	Also listed on
Alan Tooker	Director	E9	Aug 21, 2014 → Oct 15, 2025 on 14 of 19 filings listed on the latest filing	73 other issuers
Damian Juric	Director	E9	Aug 20, 2012 → Oct 15, 2025 on 16 of 19 filings listed on the latest filing	42 other issuers
Jack Ross	Executive Officer	NY	Mar 10, 2010 → Oct 15, 2025 on 19 of 19 filings listed on the latest filing	40 other issuers
Kenneth Nick	Executive Officer, Director	NY	Aug 20, 2012 → Oct 15, 2025 on 16 of 19 filings listed on the latest filing	35 other issuers
Thomas Capasse	Executive Officer	NY	Mar 10, 2010 → Oct 15, 2025 on 19 of 19 filings listed on the latest filing	29 other issuers
Waterfall Asset Management, LLC entity also filed as Waterfall Asset Management; LLC; Waterfall Asset Management LLC	Executive Officer Issuer's note: Investment Manager	NY	Mar 10, 2010 → Oct 15, 2025 on 19 of 19 filings listed on the latest filing	39 other issuers
Bobby Liu	Executive Officer	NY	Mar 10, 2010 → Mar 9, 2012 on 3 of 19 filings not listed on the latest filing (Oct 15, 2025)	13 other issuers

Executive officers, directors and promoters as self-reported by the issuer; spelling variants of one person are merged. Licensed persons: FINRA BrokerCheck ↗ · SEC IAPD ↗.

Connections

Other issuers listing the same people (showing 40 of 198):

Hudson Cove Credit Opportunity Fund, Ltd — Damian Juric · latest filing Oct 22, 2026
Blockchain Investment Management Onshore Fund LP — Damian Juric · latest filing Oct 19, 2026
WATERFALL EDEN FUND LP — Waterfall Asset Management, LLC (entity) · latest filing Oct 15, 2026
WATERFALL EDEN FUND LP — Thomas Capasse · latest filing Oct 15, 2026
WATERFALL EDEN FUND LP — Jack Ross · latest filing Oct 15, 2026
WATERFALL EDEN FUND LP — Kenneth Nick · latest filing Oct 15, 2026
WATERFALL EDEN FUND LP — Bobby Liu · latest filing Oct 15, 2026
Waterfall Eden Fund Ltd — Damian Juric · latest filing Oct 15, 2026
Waterfall Eden Fund Ltd — Waterfall Asset Management, LLC (entity) · latest filing Oct 15, 2026
Waterfall Eden Fund Ltd — Thomas Capasse · latest filing Oct 15, 2026
Waterfall Eden Fund Ltd — Jack Ross · latest filing Oct 15, 2026
Waterfall Eden Fund Ltd — Kenneth Nick · latest filing Oct 15, 2026
Waterfall Eden Fund Ltd — Bobby Liu · latest filing Oct 15, 2026
Waterfall Sandstone Fund, L.P. — Waterfall Asset Management, LLC (entity) · latest filing Oct 15, 2026
Waterfall Sandstone Fund, L.P. — Thomas Capasse · latest filing Oct 15, 2026
Waterfall Sandstone Fund, L.P. — Jack Ross · latest filing Oct 15, 2026
Waterfall Sandstone Fund, L.P. — Kenneth Nick · latest filing Oct 15, 2026
WATERFALL STRUCTURED CREDIT DISLOCATION FUND, LP — Waterfall Asset Management, LLC (entity) · latest filing Oct 9, 2026
WATERFALL STRUCTURED CREDIT DISLOCATION FUND, LP — Thomas Capasse · latest filing Oct 9, 2026
WATERFALL STRUCTURED CREDIT DISLOCATION FUND, LP — Jack Ross · latest filing Oct 9, 2026
WATERFALL STRUCTURED CREDIT DISLOCATION FUND, LP — Kenneth Nick · latest filing Oct 9, 2026
Waterfall Greenbrook Fund, LP — Waterfall Asset Management, LLC (entity) · latest filing Oct 8, 2026
Waterfall Greenbrook Fund, LP — Thomas Capasse · latest filing Oct 8, 2026
Waterfall Greenbrook Fund, LP — Jack Ross · latest filing Oct 8, 2026
Waterfall Greenbrook Fund, LP — Kenneth Nick · latest filing Oct 8, 2026
Waterfall Eden ERISA Fund, LP — Waterfall Asset Management, LLC (entity) · latest filing Sep 1, 2026
Waterfall Eden ERISA Fund, LP — Thomas Capasse · latest filing Sep 1, 2026
Waterfall Eden ERISA Fund, LP — Jack Ross · latest filing Sep 1, 2026
Waterfall Eden ERISA Fund, LP — Kenneth Nick · latest filing Sep 1, 2026
QRT Dislocation LP — Damian Juric · latest filing Aug 5, 2026
Torus Feeder 2 LP — Damian Juric · latest filing Aug 5, 2026
Qube Fund Ltd — Damian Juric · latest filing Jul 28, 2026
Manatuck Hill Mariner Offshore Fund, Ltd. — Damian Juric · latest filing Jul 10, 2026
Manatuck Hill Mariner Offshore Institutional Fund, Ltd. — Damian Juric · latest filing Jul 10, 2026
Waterfall Eagle Fund, LLC — Waterfall Asset Management, LLC (entity) · latest filing Jul 9, 2026
Waterfall Eagle Fund, LLC — Thomas Capasse · latest filing Jul 9, 2026
Waterfall Eagle Fund, LLC — Jack Ross · latest filing Jul 9, 2026
Waterfall Eagle Fund, LLC — Kenneth Nick · latest filing Jul 9, 2026
Waterfall Silver Spring Fund, LP — Waterfall Asset Management, LLC (entity) · latest filing Jul 9, 2026
Waterfall Silver Spring Fund, LP — Thomas Capasse · latest filing Jul 9, 2026

Alan Tooker is listed on 73 other issuers — see the full list on their page.

Shared address: this business address appears on filings for 66 other issuers. Stated as a count only (suite numbers ignored) — many addresses are shared office buildings or registered agents. As of Oct 23, 2026, 5:45 PM ET.

Address of record is shared by 298 issuers in SEC Form D filings (registered agent / corporate-services firm, PartnerFacts count as of Oct 23, 2026, 5:45 PM ET) — not used to group this issuer.

Other offering types (Regulation A and Regulation Crowdfunding)

None found in sources searched.

Sources 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 · Last checked Oct 23, 2026, 8:41 PM ET.

Adviser registration (Form ADV)

WATERFALL ASSET MANAGEMENT, LLC — SEC-registered investment adviser · SEC registration status as reported: “Approved” since Jan 9, 2006 · SEC file 801-65087 · Main office: NEW YORK, NY · IAPD record ↗ · Form ADV filing (PDF) ↗

Regulatory assets under management: $22,037,665,812 as reported on Form ADV filed Jul 23, 2026 (Item 5.F(2)(c)) · 68 accounts (Item 5.F(2)(f))

Websites listed on Form ADV (Item 1.I): www.linkedin.com/company/waterfall-asset-management-llc/mycompany ↗

Item 11 disclosure questions as answered on Form ADV filed Jul 23, 2026: 0 of 24 answered “Yes” · Item 11 (any event involving the firm or its supervised persons): No

No — Form ADV Item 11A(1) asks: “A. In the past ten years, have you or any advisory affiliate: (1) been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to any felony?”
No — Form ADV Item 11A(2) asks: “A. (2) been charged with any felony?”
No — Form ADV Item 11B(1) asks: “B. In the past ten years, have you or any advisory affiliate: (1) been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to a misdemeanor involving: investments or an investment-related business, or any fraud, false statements, or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, extortion, or a conspiracy to commit any of these offenses?”
No — Form ADV Item 11B(2) asks: “B. (2) been charged with a misdemeanor listed in Item 11.B(1)?”
No — Form ADV Item 11C(1) asks: “C. Has the SEC or the Commodity Futures Trading Commission (CFTC) ever: (1) found you or any advisory affiliate to have made a false statement or omission?”
No — Form ADV Item 11C(2) asks: “C. (2) found you or any advisory affiliate to have been involved in a violation of SEC or CFTC regulations or statutes?”
No — Form ADV Item 11C(3) asks: “C. (3) found you or any advisory affiliate to have been a cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?”
No — Form ADV Item 11C(4) asks: “C. (4) entered an order against you or any advisory affiliate in connection with investment-related activity?”
No — Form ADV Item 11C(5) asks: “C. (5) imposed a civil money penalty on you or any advisory affiliate, or ordered you or any advisory affiliate to cease and desist from any activity?”
No — Form ADV Item 11D(1) asks: “D. Has any other federal regulatory agency, any state regulatory agency, or any foreign financial regulatory authority: (1) ever found you or any advisory affiliate to have made a false statement or omission, or been dishonest, unfair, or unethical?”
No — Form ADV Item 11D(2) asks: “D. (2) ever found you or any advisory affiliate to have been involved in a violation of investment-related regulations or statutes?”
No — Form ADV Item 11D(3) asks: “D. (3) ever found you or any advisory affiliate to have been a cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?”
No — Form ADV Item 11D(4) asks: “D. (4) in the past ten years, entered an order against you or any advisory affiliate in connection with an investment-related activity?”
No — Form ADV Item 11D(5) asks: “D. (5) ever denied, suspended, or revoked your or any advisory affiliate's registration or license, or otherwise prevented you or any advisory affiliate, by order, from associating with an investment-related business or restricted your or any advisory affiliate's activity?”
No — Form ADV Item 11E(1) asks: “E. Has any self-regulatory organization or commodities exchange ever: (1) found you or any advisory affiliate to have made a false statement or omission?”
No — Form ADV Item 11E(2) asks: “E. (2) found you or any advisory affiliate to have been involved in a violation of its rules (other than a violation designated as a "minor rule violation" under a plan approved by the SEC)?”
No — Form ADV Item 11E(3) asks: “E. (3) found you or any advisory affiliate to have been the cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?”
No — Form ADV Item 11E(4) asks: “E. (4) disciplined you or any advisory affiliate by expelling or suspending you or the advisory affiliate from membership, barring or suspending you or the advisory affiliate from association with other members, or otherwise restricting your or the advisory affiliate's activities?”
No — Form ADV Item 11F asks: “F. Has an authorization to act as an attorney, accountant, or federal contractor granted to you or any advisory affiliate ever been revoked or suspended?”
No — Form ADV Item 11G asks: “G. Are you or any advisory affiliate now the subject of any regulatory proceeding that could result in a "yes" answer to any part of Item 11.C., 11.D., or 11.E.?”
No — Form ADV Item 11H(1)(a) asks: “H. (1) Has any domestic or foreign court: (a) in the past ten years, enjoined you or any advisory affiliate in connection with any investment-related activity?”
No — Form ADV Item 11H(1)(b) asks: “H. (1)(b) ever found that you or any advisory affiliate were involved in a violation of investment-related statutes or regulations?”
No — Form ADV Item 11H(1)(c) asks: “H. (1)(c) ever dismissed, pursuant to a settlement agreement, an investment-related civil action brought against you or any advisory affiliate by a state or foreign financial regulatory authority?”
No — Form ADV Item 11H(2) asks: “H. (2) Are you or any advisory affiliate now the subject of any civil proceeding that could result in a "yes" answer to any part of Item 11.H(1)?”

Answers as filed by the adviser on Form ADV Part 1A, Item 11; question text quoted from the form. Details of each “Yes” are in the Disclosure Reporting Pages of the Form ADV (PDF) ↗.

Matched on management entity listed on Form D = adviser name, state · match confidence 90% · Form ADV data: SEC Investment Adviser Information Report (SEC-registered advisers), file dated 2026-10-02, loaded Oct 23, 2026, 8:39 PM ET · IAPD record last checked Oct 23, 2026, 8:31 PM ET

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