Form D · Hedge Fund

Investors Small Cap Growth Fund LLC

Park Ridge, IL · CIK 0001533721

Offering snapshot reported Aug 28, 2026 · SEC filing

Reported sold
$4.06M
Indefinite offering
Investors reported
9
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
May 1, 2020
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$2.2M$4.4MAug 19, 2021: $3,898,501.00Aug 19, 2021Aug 23, 2022: $3,898,501.00Aug 23, 2022Aug 23, 2023: $3,898,501.00Aug 23, 2023Aug 23, 2024: $3,898,501.00Aug 23, 2024Jul 21, 2025: $4,398,502.00Jul 21, 2025Aug 28, 2026: $4,056,176.00Aug 28, 2026

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$4,398,502 → $4,056,176
  • Reported investors8 → 9
  • Minimum accepted$400,000 → $1,000,000

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Aug 28, 2026Amendment$4,056,176-$342,326vs Jul 21, 20259SEC filing
Jul 21, 2025Amendment$4,398,502$500,001vs Aug 23, 20248SEC filing
Aug 23, 2024Amendment$3,898,501$0vs Aug 23, 20237SEC filing
Aug 23, 2023Amendment$3,898,501$0vs Aug 23, 20227SEC filing
Aug 23, 2022Amendment$3,898,501$0vs Aug 19, 20217SEC filing
Aug 19, 2021Amendment$3,898,501No comparisonNot reportedSEC filing
Aug 19, 2020Initial$589,673No comparison2SEC filing
Oct 24, 2012Amendment$14,417,180$120,000vs Oct 28, 201140SEC filing
Oct 28, 2011Initial$14,297,180No comparison40SEC 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
021-373601
The Issuer's Manager may raise or lower the minimum investment amount from time to time and accept initial or additional capital contributions below the established minimum in its discretion.

Source: Form D, filed Aug 28, 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

INVESTORS SMALL CAP GROWTH FUND LLC

Investment adviser: ROPPEL CAPITAL MANAGEMENT LLC

Gross asset value
$14.8M
Beneficial owners
219
ADV minimum commitment
$400K

Reported in Form ADV on May 12, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NAV CONSULTING OAK BROOK, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor SPICER JEFFRIES LLP DENVER, Colorado, United States
Custodian INSPIRA FINANCIAL OAK BROOK, Illinois, United States Related to adviser: No
Prime broker JEFFERIES LLC NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

SPICER JEFFRIES LLP
PCAOB 349

JEFFERIES LLC
CRD 2347 · SEC 8-15074

Filing source

Form ADV 2104890 · May 12, 2026 · Schedule D 7.B.(1), fund 805-6249708585

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
James J. Roppel Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
444 N. Northwest Hwy Suite 201
Park Ridge, IL, 60068