Form D · Other Investment Fund

VP Dislocation Fund, L.P.

Minneapolis, MN · CIK 0001795270

Offering snapshot reported Dec 19, 2019 · SEC filing

Reported sold
$769M
Offering amount: $1B
Investors reported
481
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Dec 4, 2019
As reported in this filing

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Dec 19, 2019Initial$768,900,000No comparison481SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
No
Business combination
No
Sales commissions
$15.4M (estimated)
Finders' fees
$0
Form D file number
021-356020
The $1,000,000,000 total offering figure represents the agreed "hard cap," but the target offering amount was $500,000,000, as described in the Issuer's Confidential Private Placement Memorandum.
Payment of sales commissions is subject to future contingencies.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
J.P. Morgan Securities LLC79

Source: Form D, filed Dec 19, 2019. 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

VP DISLOCATION FUND, L.P.

Investment adviser: VARDE MANAGEMENT, L.P.

Gross asset value
$844M
Beneficial owners
624
ADV minimum commitment
$500K

Reported in Form ADV on Feb 14, 2024. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KPMG, LLP MINNEAPOLIS, Minnesota, United States
Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No
Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No
Custodian WELLS FARGO BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No
Marketer J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No
Prime broker GOLDMAN SACHS & CO. 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
Yes

KPMG, LLP
PCAOB 185

GOLDMAN SACHS & CO. LLC
SEC 8-129

THE BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

WELLS FARGO BANK, N.A.
LEI PBLD0EJDB5FWOLXP3B76

J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 801-3702

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

Filing source

Form ADV 1824671 · Feb 14, 2024 · Schedule D 7.B.(1), fund 805-3691960542

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
Bradley P. Bauer Executive
Ilfryn C. Carstairs Executive
Jonathan A. Fox Executive
Scott T. Hartman Executive
Jeremy D. Hedberg Executive
George G. Hicks Executive
Andrew P. Lenk Executive
Elena Lieskovska Executive
Haseeb K. Malik Executive
David A. Marple Executive
Francisco Milone Executive
Timothy J. Mooney Executive
Giuseppe Naglieri Executive
Rick J. Noel Executive
Marcia L. Page Executive
Brian C. Schmidt Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
901 Marquette Avenue South Suite 3300
Minneapolis, MN, 55402