Form D · Hedge Fund

Pan Capital Energy Offshore Fund, Ltd.

Houston, TX · CIK 0001627268

Offering snapshot reported Mar 20, 2026 · SEC filing

Reported sold: $235M
Investors reported: 42
Minimum accepted: $0
First sale: Jan 15, 2015

Fundraising history

Reported sold

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$30,155,681 → $235,420,770
Reported investors30 → 42

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Mar 20, 2026	Amendment	$235,420,770	$205,265,089vs Jan 11, 2017	42	SEC filing
Jan 11, 2017	Amendment	$30,155,681	$224,300vs Dec 21, 2015	30	SEC filing
Dec 21, 2015	Amendment	$29,931,381	No comparison	29	SEC filing
Dec 9, 2014	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Pooled investment fund, Other
Exemptions: 06b
Duration over one year: Yes
Business combination: No

Sales commissions: $0 (estimated)
Finders' fees: $0 (estimated)
Form D file number: 021-229758

Participating Shares

Source: Form D, filed Mar 20, 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

PAN CAPITAL ENERGY OFFSHORE FUND LTD

Investment adviser: PAN CAPITAL MANAGEMENT LP

Gross asset value: $460M
Beneficial owners: 0
ADV minimum commitment: $1M

Reported in Form ADV on Jan 16, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NAV CONSULTING INC OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP GRAND CAYMAN, Cayman Islands

Custodian BOFA SECURITIES, INC. NEW YORK, New York, United States Related to adviser: No

Custodian SG AMERICAS SECURITIES, LLC NEW YORK, New York, United States Related to adviser: No

Marketer THALES CAPITAL PARTNERS LLC 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: Yes

KPMG LLP
PCAOB 1323

BOFA SECURITIES, INC.
SEC 8-69787

SG AMERICAS SECURITIES, LLC
SEC 8-66125

THALES CAPITAL PARTNERS LLC
CRD 172125 · SEC 8-69498

Filing source

Form ADV 2041930 · Jan 16, 2026 · Schedule D 7.B.(1), fund 805-3331078313

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
Name	Reported role
Ken Fu	Executive
Qiang (Ken) Fu	Director, Executive
N/A Pan Capital Management, Lp	Director, Executive
Pan (Sean) Yan	Director, Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

3040 Post Oak Blvd, #1045
Houston, TX, 77056