Form D · Other Investment Fund

Obsidian Relative Value Strategy Fund, Ltd.

Grand Cayman, E9 · CIK 0001752928

Offering snapshot reported Sep 17, 2026 · SEC filing

Reported sold
$98.9M
Indefinite offering
Investors reported
9
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Aug 29, 2018
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$77.7M$155MSep 13, 2018: $26,000,000.00Sep 13, 2018Sep 13, 2019: $29,150,000.00Sep 14, 2020: $89,560,000.00Sep 14, 2021: $141,324,500.00Sep 14, 2022: $155,374,500.00Sep 14, 2023: $155,374,500.00Sep 12, 2024: $155,374,500.00Sep 22, 2025: $98,910,000.00Sep 17, 2026: $98,910,000.00Sep 17, 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
Sep 17, 2026Amendment$98,910,000$0vs Sep 22, 20259SEC filing
Sep 22, 2025Amendment$98,910,000-$56,464,500vs Sep 12, 20249SEC filing
Sep 12, 2024Amendment$155,374,500$0vs Sep 14, 202310SEC filing
Sep 14, 2023Amendment$155,374,500$0vs Sep 14, 202210SEC filing
Sep 14, 2022Amendment$155,374,500$14,050,000vs Sep 14, 202110SEC filing
Sep 14, 2021Amendment$141,324,500$51,764,500vs Sep 14, 202010SEC filing
Sep 14, 2020Amendment$89,560,000$60,410,000vs Sep 13, 20196SEC filing
Sep 13, 2019Amendment$29,150,000$3,150,000vs Sep 13, 20183SEC filing
Sep 13, 2018Initial$26,000,000No comparison2SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-321268

Source: Form D, filed Sep 17, 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

OBSIDIAN RELATIVE VALUE STRATEGY FUND, LTD.

Investment adviser: BLACKROCK FINANCIAL MANAGEMENT, INC

Gross asset value
$187M
Beneficial owners
23
ADV minimum commitment
$1M

Reported in Form ADV on Aug 27, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NORTHERN TRUST HEDGE FUND SERVICES, LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor DELOITTE & TOUCHE PRINCETON, New Jersey, United States
Custodian NORTHERN TRUST HEDGE FUND SERVICES CHICAGO, Illinois, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

DELOITTE & TOUCHE
PCAOB 1096

Filing source

Form ADV 2128806 · Aug 27, 2026 · Schedule D 7.B.(1), fund 805-7126686321

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
Jennifer Collins Director
Noelle L'heureux Director
Anne Marie Petach Director
Ian Pilgrim Director
W. William Woods Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Ugland House South Church Street
Grand Cayman, E9, KY1-1104