Form D · Other Investment Fund

Kestrel Fund, L.P.

Dallas, TX · CIK 0001315337

Offering snapshot reported Jul 1, 2026 · SEC filing

Reported sold
$161M
Indefinite offering
Investors reported
140
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Jul 1, 2000
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$80.7M$161MApr 14, 2009: $27,250,000.00Apr 14, 2009Oct 8, 2009: $27,330,000.00Jan 8, 2010: $27,855,000.00Apr 12, 2010: $28,165,000.00Jul 9, 2010: $28,365,000.00Jan 12, 2011: $28,565,000.00Apr 11, 2011: $28,640,000.00May 13, 2011: $28,700,000.00May 4, 2012: $28,700,000.00Jul 17, 2012: $30,200,000.00Jul 2, 2013: $39,600,000.00Jul 2, 2014: $41,775,000.00Jul 2, 2015: $42,630,000.00Jul 1, 2016: $43,007,000.00Jun 29, 2017: $43,007,000.00Jun 28, 2018: $43,007,000.00Jun 28, 2019: $160,883,213.00Jun 30, 2020: $161,064,992.00Jun 29, 2021: $161,434,444.00Jun 29, 2022: $161,434,444.00Jun 29, 2023: $161,434,444.00Jul 1, 2024: $161,434,444.00Jul 1, 2025: $161,434,444.00Jul 1, 2026: $161,434,444.00Jul 1, 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.

No comparable changes in the displayed metrics.

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jul 1, 2026Amendment$161,434,444$0vs Jul 1, 2025140SEC filing
Jul 1, 2025Amendment$161,434,444$0vs Jul 1, 2024140SEC filing
Jul 1, 2024Amendment$161,434,444$0vs Jun 29, 2023140SEC filing
Jun 29, 2023Amendment$161,434,444$0vs Jun 29, 2022140SEC filing
Jun 29, 2022Amendment$161,434,444$0vs Jun 29, 2021140SEC filing
Jun 29, 2021Amendment$161,434,444$369,452vs Jun 30, 2020140SEC filing
Jun 30, 2020Amendment$161,064,992$181,779vs Jun 28, 2019138SEC filing
Jun 28, 2019Amendment$160,883,213$117,876,213vs Jun 28, 2018138SEC filing
Jun 28, 2018Amendment$43,007,000$0vs Jun 29, 201799SEC filing
Jun 29, 2017Amendment$43,007,000$0vs Jul 1, 201699SEC filing
Jul 1, 2016Amendment$43,007,000$377,000vs Jul 2, 201599SEC filing
Jul 2, 2015Amendment$42,630,000$855,000vs Jul 2, 201414SEC filing
Jul 2, 2014Amendment$41,775,000$2,175,000vs Jul 2, 201313SEC filing
Jul 2, 2013Amendment$39,600,000$9,400,000vs Jul 17, 201212SEC filing
Jul 17, 2012Amendment$30,200,000$1,500,000vs May 4, 201210SEC filing
May 15, 2012Initial$22,707,048No comparison23SEC filing
May 4, 2012Amendment$28,700,000$0vs May 13, 20118SEC filing
May 13, 2011Amendment$28,700,000$60,000vs Apr 11, 20118SEC filing
Apr 11, 2011Amendment$28,640,000$75,000vs Jan 12, 20118SEC filing
Jan 12, 2011Amendment$28,565,000$200,000vs Jul 9, 20108SEC filing
Jul 9, 2010Amendment$28,365,000$200,000vs Apr 12, 20107SEC filing
Apr 12, 2010Amendment$28,165,000$310,000vs Jan 8, 20107SEC filing
Jan 8, 2010Amendment$27,855,000$525,000vs Oct 8, 20096SEC filing
Oct 8, 2009Amendment$27,330,000$80,000vs Apr 14, 20096SEC filing
Apr 14, 2009Amendment$27,250,000No comparisonNot reportedSEC filing
Oct 12, 2007PaperNot reportedNo comparisonNot reportedSEC filing
Jan 21, 2005PaperNot reportedNo comparisonNot reportedSEC 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
021-73335

Source: Form D, filed Jul 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

KESTREL FUND, L.P.

Investment adviser: CPMG, INC.

Gross asset value
$36.2M
Beneficial owners
59
ADV minimum commitment
$0

Reported in Form ADV on Mar 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor LANE GORMAN TRUBITT, LLC DALLAS, Texas, United States
Custodian AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC BROOKLYN, New York, United States Related to adviser: No
Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK, New York, United States Related to adviser: No
Custodian NEVADA AGENCY AND TRANSFER COMPANY RENO, Nevada, United States Related to adviser: No
Custodian TEXAS CAPITAL BANK, NA DALLAS, Texas, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

LANE GORMAN TRUBITT, LLC
PCAOB 508

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

Filing source

Form ADV 2080764 · Mar 30, 2026 · Schedule D 7.B.(1), fund 805-2345106881

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
John E. Bateman Executive
N/A Cpmg, Inc. Executive
Antal R. Desai Executive
Richard Mc Gaughy Director
R. Kent Mc Gaughy Executive
James W. Traweek Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
4215 West Lovers Lane, Suite 100
Dallas, TX, 75209