Form D · Other Investment Fund

Destiny Alternative Fund LLC

Milwaukee, WI · CIK 0001824796

Offering snapshot reported Apr 9, 2025 · SEC filing

Reported sold
$47M
Indefinite offering
Investors reported
127
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Oct 1, 2020
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$23.5M$47MOct 14, 2020: $26,235,000.00Oct 14, 2020Oct 14, 2021: $37,920,000.00Nov 29, 2021: $37,945,000.00Jul 14, 2022: $40,450,000.00Jul 13, 2023: $42,193,674.00Apr 10, 2024: $45,318,174.00Apr 9, 2025: $47,013,174.00Apr 9, 2025

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$45,318,174 → $47,013,174
  • Reported investors122 → 127

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Apr 9, 2025Amendment$47,013,174$1,695,000vs Apr 10, 2024127SEC filing
Apr 10, 2024Amendment$45,318,174$3,124,500vs Jul 13, 2023122SEC filing
Jul 13, 2023Amendment$42,193,674$1,743,674vs Jul 14, 2022113SEC filing
Jul 14, 2022Amendment$40,450,000$2,505,000vs Nov 29, 2021108SEC filing
Nov 29, 2021Amendment$37,945,000$25,000vs Oct 14, 2021101SEC filing
Oct 14, 2021Amendment$37,920,000$11,685,000vs Oct 14, 2020101SEC filing
Oct 14, 2020Initial$26,235,000No comparison72SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-377877

Source: Form D, filed Apr 9, 2025. 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

DESTINY ALTERNATIVE FUND I LLC

Investment adviser: FIRST TRUST CAPITAL MANAGEMENT L.P.

Gross asset value
$31M
Beneficial owners
95
ADV minimum commitment
$75K

Reported in Form ADV on Sep 15, 2022. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NAV CONSULTING INC. OAK BROOK, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor GRANT THORNTON LLP CHICAGO, Illinois, United States
Custodian HARRIS N.A. CHICAGO, Illinois, United States Related to adviser: No
Custodian TD AMERITRADE, INC. OMAHA, Nebraska, United States Related to adviser: No
Marketer DESTINY WEALTH PARTNERS, LLC TAVARES, Florida, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

GRANT THORNTON LLP
PCAOB 248

HARRIS N.A.
LEI 3Y4U8VZURTYWI1W2K376

TD AMERITRADE, INC.
SEC 8-23395

DESTINY WEALTH PARTNERS, LLC
CRD 171346 · SEC 801-79789

Filing source

Form ADV 1676153 · Sep 15, 2022 · Schedule D 7.B.(1), fund 805-8766071809

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
N/A Destiny Wealth Partners, Llc Promoter
Chad S Eisenberg Executive
N/A First Trust Capital Management L.P. Promoter
Terrance P Gallagher Director
David G Lee Director
Ann Maurer Executive
Michael D Peck Executive
Robert Seyferth Director
Gary E Shugrue Director
David Sternberg Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
235 West Galena Street
Milwaukee, WI, 53212