Form D · Hedge Fund
CLEARWATER OPPORTUNITY FUND, LLLP
St. Paul, MN · CIK 0001719498
Offering snapshot reported May 1, 2026 · SEC filing
- Reported sold
- $83.6M Indefinite offering
- Investors reported
- 83 Form D · investor count
- Minimum accepted
- $300K Reported outside-investor minimum
- First sale
- Oct 6, 2017 As reported in this filing
Fundraising history
Reported soldDates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.
What changed?
Latest filing versus its linked predecessor, where available.
- Reported sold$40,976,000 → $83,601,000
- Reported investors66 → 83
- Minimum accepted$150,000 → $300,000
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| May 1, 2026 | Amendment | $83,601,000 | $42,625,000vs Jun 27, 2018 | 83 | SEC filing |
| May 6, 2025 | Amendment | $59,526,000 | $18,550,000vs Jun 27, 2018 | 69 | SEC filing |
| May 10, 2024 | Amendment | $50,526,000 | $9,550,000vs Jun 27, 2018 | 69 | SEC filing |
| May 16, 2023 | Amendment | $47,526,000 | $6,550,000vs Jun 27, 2018 | 68 | SEC filing |
| May 18, 2022 | Amendment | $47,526,000 | $6,550,000vs Jun 27, 2018 | 68 | SEC filing |
| May 26, 2021 | Amendment | $45,676,000 | $4,700,000vs Jun 27, 2018 | 68 | SEC filing |
| Jun 4, 2020 | Amendment | $45,626,000 | $4,650,000vs Jun 27, 2018 | 67 | SEC filing |
| Jun 10, 2019 | Amendment | $44,626,000 | $3,650,000vs Jun 27, 2018 | 67 | SEC filing |
| Jun 27, 2018 | Amendment | $40,976,000 | $250,000vs Oct 18, 2017 | 66 | SEC filing |
| Oct 18, 2017 | Initial | $40,726,000 | No comparison | 65 | SEC filing |
Offering details
- Securities
- Pooled investment fund
- Exemptions
- 06b, 3C, 3C.1
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $0
- Finders' fees
- $0
- Form D file number
- 021-296940
Source: Form D, filed May 1, 2026. Minimum accepted may differ from a standard advertised minimum.
Fund connections
The linked fund shows its most recently reported ADV details.
Matched by reported Form D file number
CLEARWATER OPPORTUNITY FUND, LLLP
Investment adviser: CLEARWATER MANAGEMENT CO., INC.
- Gross asset value
- $102M
- Beneficial owners
- 73
- ADV minimum commitment
- $300K
Reported in Form ADV on Mar 17, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.
Service providers
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- Yes
KPMG LLP
PCAOB 185
FIDUCIARY COUNSELLING INC
CRD 104753 · SEC 801-4158
Filing source
Form ADV 2043113 · Mar 17, 2026 · Schedule D 7.B.(1), fund 805-9390014266
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| Samuel B. Carr, Jr. | Director |
| . Clearwater Management Company, Inc | Executive |
| Courtland B. Cunningham | Director |
| Vivian W. Day | Director |
| William L. Driscoll | Director, Executive |
| Elizabeth D. Hlavka | Director |
| Gregory M. Lim | Director |
| Richard W. Middleton | Director |
| Richard W. Middleton, Jr. | Director |
| Frank W. Piasecki | Director |
| Michael J. Slocum | Director |
| Daniel L. Titcomb | Director |
| Catherine L. Weyerhaeuser | Director |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:St. Paul, MN, 55101