HCM funds
HCM has 60 vehicles on the SEC Form D record, in 29 numbered generations, filed from 2020 to 2026. The newest is HCM S29A LP, first filed Oct 28, 2026. The adviser of record on Form ADV Schedule D is Thomas J. Herzfeld Advisors, INC..
- Vehicles
- 60
- Numbered generations
- 29
- First filing
- 2020
- Latest filing
- Oct 28, 2026
Adviser of record (Form ADV Schedule D) Thomas J. Herzfeld Advisors, INC. (CRD 108369)
Names, dates and status as filed on SEC EDGAR. A Form D is a notice of an exempt offering; the SEC does not review or approve it. Grouped by name; see the last question below.
Fund XXIX
1 vehicle · first filed
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S29A LPCIK 2162336 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund XXVIII
1 vehicle · first filed
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S28A LPCIK 2162331 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund XXVII
1 vehicle · first filed
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S27A LPCIK 2162313 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund XXVI
1 vehicle · first filed
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S26A LPCIK 2162309 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund XXV
1 vehicle · first filed
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S25A LPCIK 2162305 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund XXIV
1 vehicle · first filed
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S24A LPCIK 2150292 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund XXIII
1 vehicle · first filed
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S23A LPCIK 2104215 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund XXII
1 vehicle · first filed
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S22A LPCIK 2145685 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund XXI
1 vehicle · first filed
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S21A LPCIK 2110471 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund XX
4 vehicles · first filed · latest filing
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S20A LPCIK 2096458 | First sale yet to occur | EDGAR | |||
| HCM S20B LPCIK 2098622 | First sale yet to occur | EDGAR | |||
| HCM G XX, L.P.CIK 2131008 | First sale yet to occur | EDGAR | |||
| HCM S20C LPCIK 2147029 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund XIX
2 vehicles · first filed · latest filing
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S19A LPCIK 2083265 | First sale yet to occur | EDGAR | |||
| HCM G XIX, L.P.CIK 2131009 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund XVIII
1 vehicle · first filed
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM G XVIII, L.P.CIK 2131010 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund XVII
3 vehicles · first filed · latest filing
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S17A LPCIK 2074447 | First sale yet to occur | EDGAR | |||
| HCM S17B LPCIK 2080475 | First sale yet to occur | EDGAR | |||
| HCM G XVII, L.P.CIK 2131011 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund XVI
1 vehicle · first filed
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM G XVI, L.P.CIK 2131012 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund XV
4 vehicles · first filed · latest filing
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S15C LPCIK 2088327 | First sale yet to occur | EDGAR | |||
| HCM S15Aiv LPCIK 2108681 | First sale yet to occur | EDGAR | |||
| HCM G XV, L.P.CIK 2131013 | First sale yet to occur | EDGAR | |||
| HCM S15B LPCIK 2150044 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund XIV
2 vehicles · first filed · latest filing
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S14A LPCIK 1988891 | Filed within 13 months | EDGAR | |||
| HCM G XIV, L.P.CIK 2131014 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund XIII
1 vehicle · first filed
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM G XIII, L.P.CIK 2131015 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund XII
2 vehicles · first filed · latest filing
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S12A LPCIK 1995557 | First sale yet to occur | EDGAR | |||
| HCM G XII, L.P.CIK 2131017 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund XI
2 vehicles · first filed · latest filing
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S11A LPCIK 1900659 | First sale yet to occur | EDGAR | |||
| HCM G XI, L.P.CIK 2131018 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund X
2 vehicles · first filed · latest filing
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S10A LPCIK 1882060 | First sale yet to occur | EDGAR | |||
| HCM G X, L.P.CIK 2131019 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund IX
3 vehicles · first filed · latest filing
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S9A LPCIK 1880111 | First sale yet to occur | EDGAR | |||
| HCM S9Aiv LPCIK 1988893 | First sale yet to occur | EDGAR | |||
| HCM G IX, L.P.CIK 2131020 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund VIII
2 vehicles · first filed · latest filing
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S8A LPCIK 1862477 | First sale yet to occur | EDGAR | |||
| HCM G VIII, L.P.CIK 2131021 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund VII
4 vehicles · first filed · latest filing
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S7A LPCIK 1862421 | First sale yet to occur | EDGAR | |||
| HCM S7C LPCIK 2096436 | First sale yet to occur | EDGAR | |||
| HCM G VII, L.P.CIK 2131022 | First sale yet to occur | EDGAR | |||
| HCM VII, L.P.CIK 2149292 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund VI
3 vehicles · first filed · latest filing
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S6A LPCIK 1846722 | First sale yet to occur | EDGAR | |||
| HCM VI, L.P.CIK 1997270 | No amendment after 13 months | EDGAR | |||
| HCM G VI, L.P.CIK 2131023 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund V
3 vehicles · first filed · latest filing
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM V, L.P.CIK 1904193 | First sale yet to occur | EDGAR | |||
| HCM S5A LPCIK 1843914 | First sale yet to occur | EDGAR | |||
| HCM G V, L.P.CIK 2131024 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund IV
3 vehicles · first filed · latest filing
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S4A LPCIK 1831361 | Annual amendment overdue | EDGAR | |||
| HCM IV, L.P.CIK 1836383 | Sold the stated amount | EDGAR | |||
| HCM G IV, L.P.CIK 2131025 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund III
3 vehicles · first filed · latest filing
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM S3B LPCIK 1833953 | First sale yet to occur | EDGAR | |||
| HCM S3C LPCIK 1869882 | First sale yet to occur | EDGAR | |||
| HCM G III, L.P.CIK 2131026 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund II
1 vehicle · first filed
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM G II, L.P.CIK 2131027 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Fund I
4 vehicles · first filed · latest filing
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM I, L.P.CIK 1821865 | Sold the stated amount | EDGAR | |||
| HCM S1F LPCIK 1834153 | First sale yet to occur | EDGAR | |||
| HCM S1G LPCIK 1845024 | First sale yet to occur | EDGAR | |||
| HCM G I, L.P.CIK 2131028 | First sale yet to occur | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Unnumbered
1 vehicle · first filed · latest filing
| Vehicle | Sleeve | First filed | Latest filing | Filing record | SEC |
|---|---|---|---|---|---|
| HCM US Feeder LPCIK 1817983 | Filed within 13 months | EDGAR |
Sold to date and investors
Unlock in the terminal (Investor)Questions about the HCM funds
- How many HCM funds are there?
- The SEC Form D record shows 60 vehicles in 29 numbered generations, the earliest filed Jul 17, 2020 and the latest filing on Oct 28, 2026. By generation: Fund XXIX (HCM S29A LP, first filed Oct 28, 2026); Fund XXVIII (HCM S28A LP, first filed Oct 28, 2026); Fund XXVII (HCM S27A LP, first filed Oct 28, 2026); Fund XXVI (HCM S26A LP, first filed Oct 28, 2026); Fund XXV (HCM S25A LP, first filed Oct 28, 2026); Fund XXIV (HCM S24A LP, first filed Aug 14, 2026); Fund XXIII (HCM S23A LP, first filed Feb 17, 2026); Fund XXII (HCM S22A LP, first filed Jul 16, 2026); and 21 more.
- What is the latest HCM fund?
- HCM S29A LP, which first filed a Form D on Oct 28, 2026. Its own page carries the filed terms, the people named on the form and every filing on EDGAR.
- Who is the adviser to the HCM funds?
- Thomas J. Herzfeld Advisors, INC. (RIA, CRD 108369), joined from Form ADV Schedule D, where an adviser lists each private fund it advises and the fund's Form D file number.
- How much have the HCM funds raised?
- Each vehicle reports an amount sold and an investor count on its latest Form D or amendment, and those figures are on each vehicle's entity page. The totals by generation are in the AltStreet Terminal (Investor), where master and parallel sleeves that report one family-wide figure are counted once.
- How does AltStreet group these funds into a family?
- By name: the base name minus the fund number, sleeve letters, jurisdiction and legal form, read from each issuer's Form D (lib/edgar/fundFamilies.ts). 'Fund IV' is generation 4; a vehicle whose name carries no number is listed as unnumbered. It is a name-based grouping, not a statement of common control; the filings on each entity page show the related persons as filed.
