Form D · Hedge Fund

Topline Capital Offshore, Ltd.

Grand Cayman, E9 · CIK 0002015669

Offering snapshot reported Mar 23, 2026 · SEC filing

Reported sold: $24.8M
Investors reported: 8
Minimum accepted: $1M
First sale: Jan 1, 2024

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$24,556,302 → $24,761,044
Reported investors7 → 8

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Mar 23, 2026	Amendment	$24,761,044	$204,742vs Mar 24, 2025	8	SEC filing
Mar 24, 2025	Amendment	$24,556,302	$2,000,000vs Mar 25, 2024	7	SEC filing
Mar 25, 2024	Initial	$22,556,302	No comparison	5	SEC filing

Offering details

Securities: Equity, 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: 021-508458

Source: Form D, filed Mar 23, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

Each card uses that adviser's latest imported filing. Filing dates can differ; these disclosures do not confirm a current relationship.

Matched by reported Form D file number

TOPLINE CAPITAL PARTNERS, LP

Investment adviser: TOPLINE CAPITAL MANAGEMENT, LLC

Gross asset value: $1.13B
Beneficial owners: 68
ADV minimum commitment: $1M

Reported in Form ADV on Mar 20, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator OPUS FUND SERVICES (BERMUDA) LTD. HAMILTON, Bermuda Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →

Auditor EISNERAMPER CAYMAN LTD. GRAND CAYMAN, Cayman Islands Other funds reporting this name →

Auditor EISNERAMPER LLP SAN FRANCISCO, California, United States Other funds reporting this name →

Custodian FIDELITY BROKERAGE SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No Other funds reporting this name →

Custodian INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States Related to adviser: No Other funds reporting this name →

Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

EISNERAMPER CAYMAN LTD.
PCAOB 274

EISNERAMPER LLP
PCAOB 274

FIDELITY BROKERAGE SERVICES LLC
SEC 8-23292

INTERACTIVE BROKERS LLC
SEC 8-47257

PERSHING LLC
SEC 8-17574

Fund asset history · 5 annual observations

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Fiscal year	Gross assets	Beneficial owners	ADV filed
2021	$169,483,164	65	Mar 25, 2022
2022	$107,109,441	64	Feb 27, 2023
2023	$160,587,065	67	Mar 25, 2024
2024	$629,765,515	67	Mar 25, 2025
2025	$1,134,131,443	68	Mar 20, 2026

Filing source

Form ADV 2065872 · Mar 20, 2026 · Schedule D 7.B.(1), fund 805-2517954135

Reported by TOPLINE CAPITAL MANAGEMENT, LLC (CRD 298981).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; 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
Robin Bedford	Director
Collin Mc Birney	Director, Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

C/O Maples Corporate Services Limited Box 309 Ugland House
Grand Cayman, E9, KY1-1104
Phone: 301.804.0737