EDGAR Verified
Primary Source · SEC.gov

Crescendo Private Equity Fund IV (USD), L.P.

Fund Vehicle2026 vintage506(b), 506(c), Rule 504, 4(a)(5)
Latest signalNew Form D filerForm D · 2026-06-30Last filing 2026-06-30

Raised

Pre-open

Investors

—

Min Invest

None stated

AltStreet Analysis

·

Generated from EDGAR primary sources

Crescendo Private Equity Fund IV (USD), L.P. is a private equity fund vehicle that filed an original Form D on 2026-06-30 claiming exemptions under 506(b), 506(c), Rule 504, and 4(a)(5). The filing is in pre-open status with no capital raised, investor count, or first sale date disclosed. No related entities or parent platform have been matched in the AltStreet database.

This alternative investment filing employs an unusual multi-exemption strategy, simultaneously claiming 506(b), 506(c), Rule 504, and 4(a)(5), which is atypical for institutional private equity funds that typically rely on a single Regulation D exemption. The pre-open filing with no minimum investment disclosed suggests this may be an institutional vehicle with terms governed by a limited partnership agreement rather than public disclosure requirements.

Data Flags

exemptionMultiple exemptions claimed simultaneously: 506(b), 506(c), Rule 504, and 4(a)(5). This combination is highly unusual; 506(b) and 506(c) are mutually exclusive in practice, and the inclusion of Rule 504 and 4(a)(5) alongside Regulation D exemptions is atypical for a fund vehicle of this type.
generalOriginal filing in pre-open status with no first sale date, no capital raised, no investor count, and minimal entity details (industry group, incorporation state, securities type all unspecified). While not unusual for institutional funds, the degree of incompleteness is notable.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002128472
Entity NameCrescendo Private Equity Fund IV (USD), L.P.
ExemptionRule 506(b), Section 3(c), Section 3(c)(1), 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)(1) of the Investment Company Act: the fund is excluded from investment-company registration because it has no more than 100 beneficial owners. 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 OrganizationCayman Islands
Issuer AddressUgland House, Box 309, Grand Cayman, KY1-1104
Phone(345) 949-8066
Industry / Fund TypePooled Investment Fund · Private Equity Fund
Investment Company ActExcluded under Section 3(c)(1) (100 beneficial owners or fewer) and Section 3(c)(7) (qualified purchasers only) (both boxes checked on the filing)
Securities Type—
First Sale DateNot yet occurred (as filed)
Filing DateJune 30, 2026
Accession Number0002128472-26-000001
Total Offering AmountIndefinite
Total Amount Sold$0 (no sales yet)
Total Investors0 (no sales yet)
Non-Accredited InvestorsNone
Minimum Investment$0 (no stated minimum)
Offering DurationOne year or less
Sales Commissions$5,000,000 (to PJT Partners LP)
Finders' Fees$0
Revenue RangeDecline to Disclose
State (Issuer Address)E9
Amendment CountOriginal filing only

Filings on Record

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

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

Crescendo Private Equity Fund3 vehicles · 2 generations · since 2022 · $96.2M sold across the family

This issuer is in Fund IV · Fund III has sold $96.2M to date across its vehicles

VehicleRoleFirst filedStatusSoldInvestors
Fund IV · first filed 2026-06-30 · 1 vehicle
Crescendo Private Equity Fund IV (USD), L.P.this issuerusd2026-06-30pre sale$00
Fund III · first filed 2022-01-05 · 2 vehicles · $96.2M sold · 9 investors
Crescendo Private Equity Fund No. 3-Dsleeve D, no2022-01-14lapsed$75.0M1
Crescendo Private Equity Fund III (USD), L.P.usd2022-01-05lapsed$21.2M8

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

1

latest Jun 30, 2026

Critical / warning

0 / 0

0 watch · 1 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

pre_sale

Latest event New filer · Jun 30, 2026

SEC.gov
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Investor

  • 1 filing event with values and deltas, latest 2026-06-30, 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.

Kevin Kidoo Lee

Director · Seoul, M5

Director of Crescendo Private Equity Fund IV GP Limited, the Issuer's General Partner

Sungmin Kidoo Park

Director · Seoul, M5

Director of Crescendo Private Equity Fund IV GP Limited, the Issuer's General Partner

Charles Harry Sparrow

Director · Wanchai, K3

Director of Crescendo Private Equity Fund IV GP Limited, the Issuer's General Partner

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.

PJT Partners LPCRD 171058 on BrokerCheck

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

Questions About Crescendo Private Equity Fund IV (USD), 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 Crescendo Private Equity Fund IV (USD), L.P.?

Crescendo Private Equity Fund IV (USD), L.P. is a Cayman Islands limited partnership that filed a Form D with the SEC on June 30, 2026 as a private equity fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7) for an offering of equity and pooled investment fund interests.

Is Crescendo Private Equity Fund IV (USD), L.P. legit?

AltStreet does not rate legitimacy; it reports the public record. Crescendo Private Equity Fund IV (USD), L.P. filed a Form D with the SEC on June 30, 2026 claiming Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7). A Form D is a notice of an exempt offering, not a review or approval of it. No sales had been reported as of that notice. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. 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 Crescendo Private Equity Fund IV (USD), 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 Crescendo Private Equity Fund IV (USD), L.P. claimed Rule 506(b), Section 3(c), Section 3(c)(1), 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 Crescendo Private Equity Fund IV (USD), L.P. raised?

Crescendo Private Equity Fund IV (USD), L.P. reported that the first sale had not yet occurred as of the Form D filed June 30, 2026, so no amount sold or investor count is on file. The total offering amount is listed as indefinite.

Who can invest in Crescendo Private Equity Fund IV (USD), 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. The filing checks both Section 3(c)(1), which caps the fund at 100 beneficial owners, and Section 3(c)(7), which requires every investor to be a qualified purchaser, generally an individual with at least $5 million in investments. A fund normally relies on one or the other. 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 Crescendo Private Equity Fund IV (USD), 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 Crescendo Private Equity Fund IV (USD), L.P. and how are they paid?

The Form D names PJT Partners LP (CRD 171058), associated with None as the recipient of sales compensation soliciting in all states. Sales commissions are reported as $5,000,000 and finders' fees as $0. Form D allows these to be estimates.

Who is behind Crescendo Private Equity Fund IV (USD), L.P.?

The Form D lists 3 related persons: Kevin Kidoo Lee, director (Director of Crescendo Private Equity Fund IV GP Limited, the Issuer's General Partner); Sungmin Kidoo Park, director (Director of Crescendo Private Equity Fund IV GP Limited, the Issuer's General Partner); Charles Harry Sparrow, director (Director of Crescendo Private Equity Fund IV GP Limited, the Issuer's General Partner). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is Crescendo Private Equity Fund IV (USD), L.P. located?

The issuer's address on its SEC filings is Ugland House, Box 309, Grand Cayman, KY1-1104. Its phone number of record is 345-949-8066. It is organized under the laws of Cayman Islands.

How long is the Crescendo Private Equity Fund IV (USD), L.P. 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, and no amendment is on record yet.

How large is Crescendo Private Equity Fund IV (USD), L.P.?

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

Is this your offering?

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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.