Palmer Square Strategic Debt Fund LLC has recently filed an amendment regarding its private offering, which is significant for its ongoing investment activities. This update showcases the company's commitment to the pooled investment fund sector, which is known for its competitive nature.

Palmer Square Strategic Debt Fund LLC, incorporated in Delaware, operates under the SIC description of Pooled Investment Fund. The company is based in Mission Woods, Kansas, and has a history of filing amendments related to its investment offerings.

The latest filing, dated November 4, 2026, indicates that the company is utilizing Rule 506(b) for its private offering, which provides a

Key Details from the Filing

The amendment highlights that Palmer Square Strategic Debt Fund LLC is utilizing Rule 506(b) as a means to provide a "safer harbor" for its private offering. This regulatory framework allows the company to raise capital while ensuring compliance with federal securities laws.

As per the filing, the company operates under the Investment Company Act Section 3(c)(7), indicating that it is exempt from certain regulatory requirements due to its investor composition. The fund is classified as a hedge fund and does not fall under the 40 Act regulations.

Palmer Square Strategic Debt Fund LLC has reported a total amount sold of $368,550,512, with an indefinite total offering amount and total remaining. The minimum investment accepted is set at $250,000, which aligns with the fund's strategy to attract accredited investors.

The filing also notes that there are currently 69 investors in the fund, and it does not include any non-accredited investors. This indicates a focus on high-net-worth individuals and institutional investors.

Importantly, the gross proceeds used from the offering have been reported as zero, with the management fee being paid to the Investment Advisor and an incentive allocation to the Managing Member as outlined in the offering documents.

"A management fee is paid to the Investment Advisor and an incentive allocation is paid to the Managing Member, as described in the Issuer's offering documents."

Additionally, the amendment indicates that the duration of the offering is expected to be more than one year, allowing for a prolonged capital-raising effort.