FormDSignal
52

Square Nine Specialty Credit Fund I closes $199M from 9 institutional investors

Fund raise update · Private equity / buyout · Open-ended · LOS ANGELES, CA · Form D/A filed 2026-10-23 · sponsor: Square Nine · all Square Nine Specialty vehicles

Square Nine Specialty Credit Fund I, a Delaware limited partnership formed in 2025, has raised $199M under Regulation D exemption 3(c)(7) for institutional and qualified-purchaser investors. The Los Angeles-based private equity fund maintains an indefinite offering size with a $5M minimum investment.

$100M+ sold3(c)(7) — qualified purchasersCapital closing nowPrivate equity / buyoutPrivate credit

How this compares

  • Across 493 private equity / buyout sponsors with more than one launch on EDGAR, the median gap between consecutive funds is 5 months.
  • This is the sponsor's 3rd fund launch on EDGAR; the previous one, Square Nine Specialty Credit Fund I-L LP, was filed 4 months earlier.

Computed from every Form D fund launch on EDGAR since late 2024, not sampled. Amounts are the stated offering size; indefinite offerings are excluded.

Raise progress

Sold rose to $199M (+$199M, +9 investors) in 365 days since the previous filing.

FiledFormSoldInvestorsChange
2025-10-23D$00
2026-10-23D/A$199M9+$199M

Amount sold and investor count as restated on each of the issuer's Form D filings. A rise since the previous filing is capital closed in between.

Square Nine on EDGAR

Earlier and related filings by the same issuer and sponsor. All Square Nine Specialty vehicles →

Registered adviser

name match

SQUARE NINE CAPITAL, LP

Registration
SEC-registered adviser · since 2025-08-18
Regulatory AUM
$181M
Employees
6
Private funds on Form ADV
Yes
Office
Los Angeles, CA

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Incumbent service providers

Schedule D for this adviser has not been read yet; it is queued.

People on the filing

Peter MaExecutive Officer, Director
Musicco NicoleExecutive Officer, Director

[email protected] · observed Work emails for the people on the filing, where the firm publishes or patterns them, labelled by confidence — subscribers

Signed by Greg Shamo, Chief Operating Officer.

Why now — by persona

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Filing contact

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