SEC filing record
Primary Source · SEC.gov

North Haven Private Income iCapital Access Fund A SPC

Feeder Fund2026 vintage506(b)
Latest signalInvestors increasedForm D/A · 2026-05-267 events: 2 investors increased, 2 sold increased, 1 large raiseLast filing 2026-05-26

Raised

$61M

Investors

452

Min Invest

None stated

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AltStreet Analysis

·

Generated from EDGAR primary sources

North Haven Private Income iCapital Access Fund A SPC is a Cayman Islands-domiciled pooled investment fund that has raised $60.9M from 452 investors under Rule 506(b). This amended filing lists iCapital Advisors, LLC as promoter, with directors Campbell Congdon and Maxine Jones and executive officer Michael Stanton. No first sale date or minimum investment amount is disclosed on this Form D.

This alternative investment vehicle uses the typical 506(b) private placement exemption for accredited investors. The investor count of 452 relative to the $60.9M raise suggests an average check size around $135K, indicating a retail-accessible alternative product rather than an institutional-minimum fund. The iCapital promoter involvement and SPC structure suggest a platform-enabled access vehicle designed to democratize institutional strategies.

Data Flags

generalOffshore domicile (Cayman Islands) filing U.S. Form D indicates cross-border feeder or blocker structure, typical for tax-efficient institutional funds but worth noting for due diligence
investors_per_dollar452 investors for $60.9M represents an average commitment of approximately $135K per investor, significantly lower than typical institutional fund check sizes, suggesting retail or mass-affluent distribution model
first_sale_dateNo first sale date disclosed on amended filing despite total raise under $100M; unusual for a mid-market offering to omit this timeline marker

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002019832
Entity NameNorth Haven Private Income iCapital Access Fund A SPC
ExemptionRule 506(b)
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.
Entity TypeOther
Jurisdiction of OrganizationCayman Islands
Issuer AddressC/O Compliance Department, 60 East 42nd Street, 28th Floor, New York, NY 10165
Phone(212) 994-7400
Industry / Fund TypePooled Investment Fund · Other Investment Fund
Securities TypeEquity, Pooled Investment Fund
First Sale Date—
Filing DateMay 26, 2026
Accession Number0002019832-26-000001
Total Offering AmountIndefinite
Total Amount Sold$60,867,657
Total Investors452
Non-Accredited InvestorsNone
Minimum Investment$0 (no stated minimum)
Offering DurationIntended to last more than one year
Sales Commissions$0 (to Morgan Stanley Smith Barney LLC)
Finders' Fees$0
Net Asset Value RangeDecline to Disclose
State (Issuer Address)NY
Amendment Count2 amendments filed

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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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

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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

All AltStreet news

Capital Raise Timeline

3 Form D filings from May 17, 2024 to May 26, 2026, the latest a D/A.

Checking access…

In the Terminal

Filing events

7

latest May 26, 2026

Critical / warning

0 / 0

5 watch · 2 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

raising

Latest event Sold increase · May 26, 2026

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  • 7 filing events with values and deltas, latest 2026-05-26, and alerts on the next one
  • 1 offering timeline: velocity, share raised, first-sale lag, stalled flags

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Related Persons (Form D)

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

-- iCapital Advisors, LLC

Promoter · New York, NY

Campbell Congdon

Director · New York, NY

Maxine Jones

Director · New York, NY

Michael Stanton

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.

Morgan Stanley Smith Barney LLCCRD 149777 on BrokerCheck

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

Questions About North Haven Private Income iCapital Access Fund A SPC

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

What is North Haven Private Income iCapital Access Fund A SPC?

North Haven Private Income iCapital Access Fund A SPC is a Cayman Islands entity that filed a Form D with the SEC on May 26, 2026 as a other investment fund. The filing claims Rule 506(b) for an offering of equity and pooled investment fund interests. AltStreet links the issuer to iCapital.

Is North Haven Private Income iCapital Access Fund A SPC legit?

AltStreet does not rate legitimacy; it reports the public record. North Haven Private Income iCapital Access Fund A SPC filed a Form D with the SEC on May 26, 2026 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $60,867,657 sold to 452 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 North Haven Private Income iCapital Access Fund A SPC 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 North Haven Private Income iCapital Access Fund A SPC claimed Rule 506(b) 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 North Haven Private Income iCapital Access Fund A SPC raised?

North Haven Private Income iCapital Access Fund A SPC reported $60,867,657 sold from 452 investors in an offering of indefinite size as of the Form D filed May 26, 2026.

Who can invest in North Haven Private Income iCapital Access Fund A SPC?

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. 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 North Haven Private Income iCapital Access Fund A SPC?

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 North Haven Private Income iCapital Access Fund A SPC and how are they paid?

The Form D names Morgan Stanley Smith Barney LLC (CRD 149777), 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 North Haven Private Income iCapital Access Fund A SPC?

The Form D lists 4 related persons: iCapital Advisors, LLC, promoter (Investment Manager of the Issuer); Campbell Congdon, director (Director of the Issuer); Maxine Jones, director (Director of the Issuer); Michael Stanton, executive officer (Managing Director of Investment Manager of the Issuer). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is North Haven Private Income iCapital Access Fund A SPC located?

The issuer's address on its SEC filings is C/O Compliance Department, 60 East 42nd Street, 28th Floor, New York, NY 10165. Its phone number of record is (212) 994-7400. It is organized under the laws of Cayman Islands.

How long is the North Haven Private Income iCapital Access Fund A SPC 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; 2 amendments are on record for this CIK.

How large is North Haven Private Income iCapital Access Fund A SPC?

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.