SEC filing record
Primary Source · SEC.gov

iCapital - Bridgewater Diversified Macro Fund, L.P.

Fund Vehicle2025 vintage506(b), 3(c)
Latest signalInvestors increasedForm D/A · 2026-10-197 events: 3 investors increased, 3 sold increased, 1 large raiseLast filing 2026-10-19

Raised

$203M

Investors

366

Min Invest

None stated

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AltStreet Analysis

·

Generated from EDGAR primary sources

iCapital - Bridgewater Diversified Macro Fund, L.P. is a Delaware limited partnership filed by iCapital HF GP, LLC with Max Schwartz as executive officer. This amended filing reports $202.8M raised from 355 investors under Rule 506(b) and Section 3(c) exemptions. The filing does not disclose a minimum investment amount or first sale date.

This pooled investment fund uses the standard 506(b) / 3(c) exemption structure typical of institutional hedge fund vehicles, allowing unlimited accredited investor participation without general solicitation. The investor count of 355 and total raise suggest an average commitment of approximately $571K per investor, consistent with institutional and high-net-worth allocations in alternative macro strategies.

Data Flags

First Sale DateFirst sale date not disclosed on an amended filing reporting $202.8M in total sales; this is standard practice for large institutional fund amendments and does not indicate a late or anomalous filing
Industry GroupIndustry group not specified in filing, which is unusual for a pooled investment fund but may reflect platform filing conventions

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001876694
Entity NameiCapital - Bridgewater Diversified Macro Fund, L.P.
ExemptionRule 506(b), Section 3(c), Section 3(c)(7)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising. Section 3(c) of the Investment Company Act of 1940: the issuer is a pooled investment vehicle relying on an exclusion from registration as an investment company. Section 3(c)(7) of the Investment Company Act: the fund is excluded from investment-company registration because every investor is a qualified purchaser, generally an individual with at least $5 million in investments or an institution with at least $25 million.
Entity TypeLimited Partnership
Jurisdiction of OrganizationDelaware
Year Organized2021
Issuer AddressC/O Compliance Department, 60 East 42nd Street, 24th Floor, New York, NY 10165
Phone(212) 994-7400
Industry / Fund TypePooled Investment Fund · Hedge Fund
Investment Company ActExcluded under Section 3(c)(7) (qualified purchasers only)
Securities TypeEquity, Pooled Investment Fund
First Sale Date—
Filing DateOctober 19, 2026
Accession Number0001876694-26-000001
Total Offering AmountIndefinite
Total Amount Sold$202,819,869
Total Investors366
Non-Accredited InvestorsNone
Minimum Investment$0 (no stated minimum)
Offering DurationIntended to last more than one year
Sales Commissions$0 (to Rockefeller Financial LLC)
Finders' Fees$0
Proceeds to Related Persons$0
Net Asset Value RangeDecline to Disclose
State (Issuer Address)NY
Amendment Count3 amendments filed
Signed ByMax Schwartz, Authorized Signatory of the General Partner of the Issuer

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

AltStreet Coverage

Original reporting from AltStreet's daily EDGAR monitoring covering iCapital and its filings.

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A Form D/A filed August 27 puts Blue Owl Real Estate Net Lease Trust at 44,524 investors and $9.2 billion sold since inception, both up about 46% from the amendment filed a year earlier, as its September closing added $178.6 million and the $2.45 billion Sila Realty Trust take-private closed on credit-facility borrowings.

Platform coverage · Sep 2026

What Is a Form D Amendment? KKR Infrastructure V's D/A Tops $17 Billion

A Form D amendment updates an existing exempt-offering notice rather than announcing a new raise, and a 2026 filing from a KKR infrastructure fund shows exactly how that distinction plays out in the numbers.

Platform coverage · Sep 2026

iCapital-PEG Evergreen PE Offshore Fund Reports $414M Raised, Up 113% in One Year

A Form D/A filed July 20, 2026 shows total offering proceeds for the iCapital-managed Cayman segregated portfolio company more than doubled versus the prior annual amendment, with investor headcount rising 37% to 224.

Platform coverage · Aug 2026

From 49 to 92 Investors in a Year: A 1972-Vintage Quant Shop Is Quietly Winning the Wealth Channel

The annual Form D amendment iCapital filed August 19 for its Campbell Absolute Return feeder is the kind of document nobody reads — except this one measured something: an 88% jump in investors and $12 million of new capital in twelve months, the largest single-year move AltStreet has recorded for the entity, and a direct reading on how wealth advisers are buying systematic absolute return.

Platform coverage · Aug 2026

iCapital's Blue Owl GP Stakes VI Feeders Report Nearly $816M Sold

The onshore and offshore private-wealth vehicles tied to Blue Owl's GP Stakes VI strategy reported a combined $815.8 million sold and 1,580 investor positions in Aug. 13 SEC amendments, up $16.45 million from their July 2025 filings. The filings show the scale of the iCapital distribution channel, but not when the incremental capital actually arrived.

Platform coverage · Aug 2026

All AltStreet news

Capital Raise Timeline

4 Form D filings from Sep 2, 2021 to Oct 6, 2025, the latest a D/A.

Checking access…

In the Terminal

Filing events

7

latest Oct 19, 2026

Critical / warning

0 / 0

2 watch · 5 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

raising

Latest event Sold increase · Oct 19, 2026

SEC.gov
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Fund family Part of the iCapital Bridgewater Diversified Macro Fund family: 2 vehicles across 0 generations · adviser of record Icapital Advisors, LLC · full family and the filing behind each link in the terminal

Investor

  • The full fund family and any related vehicles (parallel, feeder, successor, sibling series) with the filing that shows each link
  • The dated record: 41 facts with source, effective date and capture date, viewable as AltStreet knew them on any past day
  • 7 filing events with values and deltas, latest 2026-10-19, and alerts on the next one
  • 1 offering timeline: velocity, share raised, first-sale lag, stalled flags

Pro

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Regulatory Activity

Filing events on this entity detected by AltStreet's EDGAR monitoring.

Oct 2026Form D amendment
SEC.gov
Oct 2026Form D amendment
SEC.gov

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Adviser of Record (Form ADV)

Icapital Advisors, LLC

CRD 177513 · SEC-registered adviser · lists this fund on Schedule D 7.B.(1) as a other private fund

Auditor named on Form ADV: Kpmg LLP · PCAOB-registered per the adviser

From the adviser's Form ADV as loaded from the SEC bulk data, joined on this issuer's Form D file number. Fund-level figures and the adviser's full fund roster are in the terminal.

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

-- iCapital HF GP, LLC

Promoter · New York, NY

Max Schwartz

Executive Officer · New York, NY

Placement Agents and Sales Compensation (Form D)

Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.

Rockefeller Financial LLCCRD 291361 on BrokerCheck

Associated broker-dealer: None · New York, NY · Soliciting in all states

Questions About iCapital - Bridgewater Diversified Macro Fund, L.P.

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is iCapital - Bridgewater Diversified Macro Fund, L.P.?

iCapital - Bridgewater Diversified Macro Fund, L.P. is a Delaware limited partnership organized in 2021 that filed a Form D with the SEC on October 19, 2026 as a hedge fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(7) for an offering of equity and pooled investment fund interests. AltStreet links the issuer to iCapital.

Is iCapital - Bridgewater Diversified Macro Fund, L.P. legit?

AltStreet does not rate legitimacy; it reports the public record. iCapital - Bridgewater Diversified Macro Fund, L.P. filed a Form D with the SEC on October 19, 2026 claiming Rule 506(b), Section 3(c), Section 3(c)(7). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $202,819,869 sold to 366 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to iCapital, which AltStreet has reviewed. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Is iCapital - Bridgewater Diversified Macro Fund, L.P. registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that iCapital - Bridgewater Diversified Macro Fund, L.P. claimed Rule 506(b), Section 3(c), Section 3(c)(7) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

How much has iCapital - Bridgewater Diversified Macro Fund, L.P. raised?

iCapital - Bridgewater Diversified Macro Fund, L.P. reported $202,819,869 sold from 366 investors in an offering of indefinite size as of the Form D filed October 19, 2026.

Who can invest in iCapital - Bridgewater Diversified Macro Fund, L.P.?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(7), each investor must be a qualified purchaser, generally an individual with at least $5 million in investments. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated.

What is the minimum investment in iCapital - Bridgewater Diversified Macro Fund, L.P.?

The Form D lists the minimum investment as $0, which means the issuer did not state a minimum on the form. The offering documents, not the Form D, set the actual subscription terms.

Who is selling iCapital - Bridgewater Diversified Macro Fund, L.P. and how are they paid?

The Form D names Rockefeller Financial LLC (CRD 291361), associated with None as the recipient of sales compensation soliciting in all states. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.

Who is behind iCapital - Bridgewater Diversified Macro Fund, L.P.?

The Form D lists 2 related persons: iCapital HF GP, LLC, promoter (General Partner of the Issuer); Max Schwartz, executive officer (Authorized Signatory of the General Partner of the Issuer). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is iCapital - Bridgewater Diversified Macro Fund, L.P. located?

The issuer's address on its SEC filings is C/O Compliance Department, 60 East 42nd Street, 24th Floor, New York, NY 10165. Its phone number of record is (212) 994-7400. It is organized under the laws of Delaware.

How long is the iCapital - Bridgewater Diversified Macro Fund, L.P. offering open?

The issuer indicated that the offering is intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 3 amendments are on record for this CIK.

How large is iCapital - Bridgewater Diversified Macro Fund, L.P.?

The issuer declined to disclose its net asset value range on the Form D, which the form permits.

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Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.