Primary Wave Music F4 Offshore Feeder, LP
Raised
$1.4B
Investors
5
Min Invest
None stated
AltStreet Analysis
·Generated from EDGAR primary sources
Primary Wave Music F4 Offshore Feeder, LP is a Cayman Islands-domiciled feeder fund operating in the digital IP royalties sector. This amended Form D filing reports $1.39 billion raised from 5 investors under Rule 506(b) and Section 3(c) exemptions. The entity is managed by a team including Lawrence Mestel, William Cisneros, Ramon Villa, and Jane Reisman.
This digital IP royalties vehicle represents the upper end of music rights investment funds, with nearly $1.4 billion in capital concentrated among 5 investors (approximately $279 million average commitment per investor). The 506(b) exemption is typical for institutional pooled vehicles in the music catalog and royalty stream sector, which has seen significant institutional capital inflows over the past decade.
Data Flags
EDGAR Filing Data
Form D — Primary Source
View on SEC.govFilings on Record
Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.
Capital Raise Timeline
2 Form D filings from Sep 9, 2024 to Sep 9, 2025, the latest a D/A.
Fund Family
Every vehicle in this manager's series as it appears on EDGAR, newest generation first. Sold-to-date and investor counts are each vehicle's latest Form D.
Fund family
Primary Wave Music2 vehicles · 1 generation · since 2024 · $2.62B sold across the family
This issuer is in Fund IV
| Vehicle | Role | First filed | Status | Sold | Investors |
|---|---|---|---|---|---|
| Fund IV · first filed 2024-05-31 · 2 vehicles · $2.62B sold · 40 investors | |||||
| Primary Wave Music F4 Offshore Feeder, LPthis issuer | f, feeder, offshore | 2024-09-09 | raising | $1.39Bcombined | 5 |
| Primary Wave Music F4 Feeder, LP | f, feeder | 2024-05-31 | lapsed | $1.23Bcombined | 35 |
Grouped from Form D issuer names (generation, sleeve, jurisdiction and legal-form tokens removed); a name-only match, so abbreviated or renamed vehicles can be missed. Sold and investor figures are each vehicle's latest Form D; sleeves that report the same figure share one family-wide total and are counted once. Performance lines are what a public pension plan reports for its own interest in that fund, net, on the plan's cash flows and valuation date; they are not the general partner's figures.
In the Terminal
Filing events
5
latest Sep 9, 2025
Critical / warning
1 / 0
2 watch · 2 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
raising
Latest event First sale · Sep 9, 2025
SEC.govInvestor
- 5 filing events with values and deltas, latest 2025-09-09, and alerts on the next one
- 1 offering timeline: velocity, share raised, first-sale lag, stalled flags
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Regulatory Activity
Filing events on this entity detected by AltStreet's EDGAR monitoring.
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Get the signal feedRelated Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Lawrence Mestel
Executive Officer · New York, NY
William Cisneros
Executive Officer · New York, NY
Ramon Villa
Executive Officer · New York, NY
Jane Reisman
Executive Officer · New York, NY
Questions About Primary Wave Music F4 Offshore Feeder, LP
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is Primary Wave Music F4 Offshore Feeder, LP?
Primary Wave Music F4 Offshore Feeder, LP is a Cayman Islands limited partnership that filed a Form D with the SEC on September 9, 2025 as a other investment fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(7) for an offering of pooled investment fund interests. AltStreet links the issuer to Primary Wave Music F4 Offshore Feeder, LP.
Is Primary Wave Music F4 Offshore Feeder, LP legit?
AltStreet does not rate legitimacy; it reports the public record. Primary Wave Music F4 Offshore Feeder, LP filed a Form D with the SEC on September 9, 2025 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 $1,393,655,900 sold to 5 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to Primary Wave Music F4 Offshore Feeder, LP, 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 Primary Wave Music F4 Offshore Feeder, LP 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 Primary Wave Music F4 Offshore Feeder, LP 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 Primary Wave Music F4 Offshore Feeder, LP raised?
Primary Wave Music F4 Offshore Feeder, LP reported $1,393,655,900 sold from 5 investors in an offering of indefinite size as of the Form D filed September 9, 2025. The filing states that the figure is combined across related vehicles, so it is not this entity's figure alone.
Who can invest in Primary Wave Music F4 Offshore Feeder, LP?
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 Primary Wave Music F4 Offshore Feeder, LP?
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 Primary Wave Music F4 Offshore Feeder, LP and how are they paid?
The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.
Who is behind Primary Wave Music F4 Offshore Feeder, LP?
The Form D lists 4 related persons: Lawrence Mestel, executive officer; William Cisneros, executive officer; Ramon Villa, executive officer; Jane Reisman, executive officer. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is Primary Wave Music F4 Offshore Feeder, LP located?
The issuer's address on its SEC filings is 116 East 16th Street, 9th Floor, New York, NY 10003. Its phone number of record is 212-584-8055. It is organized under the laws of Cayman Islands.
How long is the Primary Wave Music F4 Offshore Feeder, LP offering open?
The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 1 amendment is on record for this CIK.
How large is Primary Wave Music F4 Offshore Feeder, LP?
The issuer declined to disclose its net asset value range on the Form D, which the form permits.
Is this your offering?
Claim this profile to add contact information, team members, LinkedIn profiles, fund history, and additional financial data. EDGAR-sourced data and AltStreet analysis cannot be edited, but corrections can be requested for verifiable inaccuracies.
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.