Investment advisers
Private Funds - Form ADV Schedule D 7.B.1
https://api.sec-api.io/form-adv/schedule-d-7-b-1/{crd}Return every private fund an investment adviser reports in Section 7.B.(1) of Schedule D of its Form ADV, by the firm CRD number. Each fund carries its name and 805- identification number, the state and country it is organised under, the fund type, gross asset value, minimum investment commitment, beneficial owner count, master-feeder linkage, and the auditors, prime brokers, custodians, administrators and marketers it uses. The endpoint returns the latest available version of the filing, refreshed once a day between 5:00 AM and 7:30 AM EST.
Authentication
Send the API key either as a header or as a query parameter. The header is preferred; the query parameter exists for cases where a header cannot be set, such as opening a URL directly in a browser.
Authorization: required header
The API key on its own. Do not prefix it with Bearer or any other word.
Example Authorization: YOUR_API_KEY
token: optional query parameter
The API key, appended to the URL. Use this only when a header is not possible.
Path parameters
Supplied as part of the URL.
crd: required string, 2 to 20 digits
CRD number of the adviser firm, assigned by FINRA and IARD. Stifel Nicolaus is 793, Goldman Sachs is 361, Goldman Sachs Asset Management is 107738.
Example 793
A JSON object. Nested attributes are collapsed; expand one to see its fields.
[ ]: array of object
The response body is a JSON array with no wrapper object. Each item is one private fund disclosed in Section 7.B.(1) of Schedule D of the latest Form ADV filed by the firm. The array is empty when the firm advises no private funds. Every item carries the same 46 attributes, and questions the firm left unanswered come back as false, zero, an empty string or an empty array rather than being dropped.
1a-nameOfFund: string
1.a. Name of the private fund.
Example EI FUND II LLC
1b-fundIdentificationNumber: string
1.b. Private fund identification number, including the 805- prefix.
Example 805-4502496130
2-lawOrganizedUnder: object
2. State or country under whose laws the private fund is organised.
3a-namesOfGeneralPartnerManagerTrusteeDirector: array of string
3.a. Names of the general partner, manager, trustee or directors of the fund, or of the persons acting in a similar capacity.
3b-filingAdvisers: string or array of string
3.b. Under an umbrella registration, the filing adviser or relying advisers that sponsor or manage the fund. Returned as the string "No Information Filed" when the question is left blank, and as an array of names when it is answered.
4-1-exclusionUnder3c1: boolean
4.1. True when the fund relies on the exclusion from the definition of investment company under section 3(c)(1) of the Investment Company Act of 1940.
4-2-exclusionUnder3c7: boolean
4.2. True when the fund relies on the exclusion under section 3(c)(7) of the same Act.
5-nameCountryOfForeignFinancialRegAuthority: array of string
5. Name and country of each foreign financial regulatory authority the fund is registered with. Values come straight from the filing and may carry line breaks and padding.
6a-isMasterFundInMasterFeederArrangement: boolean
6.a. True when the fund is a master fund in a master-feeder arrangement.
6b-nameIdOfFeederFunds: array of object
6.b. Feeder funds that invest in this fund, reported when 6.a. is true. Empty otherwise.
6c-isFeederFundInMasterFeederAgreement: boolean
6.c. True when the fund is a feeder fund in a master-feeder arrangement.
6d-nameIdOfMasterFund: string
6.d. Name and private fund identification number of the master fund this fund invests in, reported when 6.c. is true. Empty otherwise.
Example EI FUND V, LP
7a-f-feederFundDetails: array of object
7.a-f. One entry per feeder fund, present only when the adviser files a single Schedule D Section 7.B.(1) to cover a whole master-feeder arrangement. Empty for most funds.
8a-isFundOfFunds: boolean
8.a. True when the private fund is a fund of funds.
8b-investsInFundsManagedByYouRelatedPerson: boolean
8.b. True when the fund invests in funds managed by the adviser or by a related person. Answered only when 8.a. is true.
9-investsInSecuritiesAccordingTo6e: boolean
9. True when the fund invested, during the last fiscal year, in securities issued by investment companies registered under the Investment Company Act of 1940, other than money market funds as instruction 6.e. allows.
10-typeOfFund: object
10. Type of private fund.
11-grossAssetValue: number
11. Current gross asset value of the fund, in US dollars. Zero when the fund reports no assets.
Example 2027469
12-minInvestmentCommitment: number
12. Minimum investment commitment required of an investor in the fund, in US dollars.
Example 100000
13-numberOfBeneficialOwners: number
13. Approximate number of beneficial owners of the fund.
Example 25
14-percentageOwnedByYou: number
14. Approximate percentage of the fund beneficially owned by the adviser and its related persons.
15a-percentageOwnedByFundsOfFunds: number
15.a. Approximate percentage of the fund beneficially owned, in aggregate, by funds of funds.
15b-salesAreLimited: boolean
15.b. True when sales of the fund are limited to qualified clients. Answered only when the fund relies on the section 3(c)(1) exclusion.
16-percentageOwnedByNonUnitedStatesPersons: number
16. Approximate percentage of the fund beneficially owned by non-United States persons.
17a-isSubadviser: boolean
17.a. True when the adviser is a subadviser to the fund.
17b-nameAndSecFileNumber: string
17.b. Name and SEC file number of the adviser of the fund, reported when 17.a. is true. Filed as "No Information Filed" otherwise.
18a-investmentAdvisersAdviseFund: boolean
18.a. True when advisers other than those listed in 3.b. advise the fund.
18b-otherAdvisers: array of object
18.b. The other advisers to the fund, reported when 18.a. is true. Empty otherwise.
19-clientsAreSolicited: boolean
19. True when clients of the adviser are solicited to invest in the fund.
20-percentageClientsInvestedInFund: number
20. Approximate percentage of the clients of the adviser that have invested in the fund.
21-fundReliedOnExemption: boolean
21. True when the fund has ever relied on an exemption from registration of its securities under Regulation D of the Securities Act of 1933.
22-formDFileNumbers: array of string
22. Form D file numbers of the fund, reported when 21. is true.
Example 021-151919
23a-1-financialStatementsAreSubjectToAnnualAudit: boolean
23.a.1. True when the financial statements of the fund are subject to an annual audit.
23a-2-financialStatementsPreparedWithUsGaap: boolean
23.a.2. True when those financial statements are prepared under US GAAP. Answered only when 23.a.1. is true.
23b-f-auditors: array of object
23.b-f. One entry per auditing firm, reported when 23.a.1. is true. Empty otherwise.
23g-financialStatementsDistributedToInvestors: boolean
23.g. True when the audited financial statements for the most recent fiscal year are distributed to investors in the fund.
23h-reportsIncludeUnqualifiedOpinions: string
23.h. Whether every report the auditing firm has prepared since the last annual updating amendment carries an unqualified opinion. One of yes, no and report not yet received. Null when the question is not answered.
Example yes
24a-fundUsesPrimeBrokers: boolean
24.a. True when the fund uses one or more prime brokers.
24b-e-primeBrokers: array of object
24.b-e. One entry per prime broker, reported when 24.a. is true. Empty otherwise.
25a-fundUsesCustodians: boolean
25.a. True when the fund uses any custodian, including the prime brokers listed in 24.b-e., to hold some or all of its assets.
25b-g-custodians: array of object
25.b-g. One entry per custodian, reported when 25.a. is true. Empty otherwise.
26a-fundUsesAdministrators: boolean
26.a. True when the fund uses an administrator other than the adviser.
26b-f-administrators: array of object
26.b-f. One entry per administrator, reported when 26.a. is true. Empty otherwise.
27-percentageOfAssetsValuedNotByRelatedPerson: number
27. Percentage of the assets of the fund, by value, that a person who is not a related person of the adviser valued during the last fiscal year.
Example 100
28a-fundUsesMarketers: boolean
28.a. True when the fund uses someone other than the adviser or its employees for marketing. This covers placement agents, consultants, finders, introducers, municipal advisors and other solicitors.
28b-g-marketers: array of object
28.b-g. One entry per marketer, reported when 28.a. is true. Empty otherwise.
Status codes
200 | Success. The body is an array of private funds. A CRD with no Section 7.B.(1) on file returns an empty array, not an error. |
403 | The API key is missing, or it is not valid. |
404 | The CRD in the path is not valid. It has to be 2 to 20 digits, with no other characters. |
429 | Too many requests. Slow the request rate and retry. |
500 | Server error. Retry, and report it if it persists. |