{
 "body": {
  "html": "<p>PCE LLC, a hedge fund formed in 2026, has sold $456.7 million of interests to two investors since its first sale on Sept. 30, according to a Form D filed with the US Securities and Exchange Commission.</p>\n<p>The filing, dated Oct. 16, reports an exact total of $456,660,000 sold. It lists UBS Asset Management (Americas) LLC as a related person with the role of investment manager.</p>\n<p>Michael Kim, Cassandra Powell and Philip Dickie are each named in the filing as a member of the management board.</p>\n<p>PCE is a Delaware limited liability company, the filing shows. It relies on an Investment Company Act exemption that limits the fund to qualified purchasers.</p>\n<p>\"The fund charges a management fee that is described in the fund's offering documents,\" the filing says. It doesn't give the fee.</p>",
  "text": "PCE LLC, a hedge fund formed in 2026, has sold $456.7 million of interests to two investors since its first sale on Sept. 30, according to a Form D filed with the US Securities and Exchange Commission.\n\nThe filing, dated Oct. 16, reports an exact total of $456,660,000 sold. It lists UBS Asset Management (Americas) LLC as a related person with the role of investment manager.\n\nMichael Kim, Cassandra Powell and Philip Dickie are each named in the filing as a member of the management board.\n\nPCE is a Delaware limited liability company, the filing shows. It relies on an Investment Company Act exemption that limits the fund to qualified purchasers.\n\n\"The fund charges a management fee that is described in the fund's offering documents,\" the filing says. It doesn't give the fee."
 },
 "claims": [
  {
   "evidence": "2026",
   "kind": "new_hedge_fund",
   "receipt": "0000902664-26-004200"
  }
 ],
 "contact": "research@alphanume.com",
 "corrections": [],
 "dek": "The filing names UBS Asset Management (Americas) LLC as investment manager and lists members of a management board as related persons.",
 "desk": "registry",
 "desk_label": "Registry & People",
 "entities": [
  {
   "basis": "identifier or the record itself",
   "identifiers": {
    "cik": "2160427"
   },
   "in_headline": true,
   "name": "PCE LLC",
   "role": "issuer"
  }
 ],
 "facts": [
  {
   "key": "fund",
   "receipt": "0000902664-26-004200",
   "source": {
    "path": "primaryIssuer/entityName",
    "value": "PCE LLC"
   },
   "text": "PCE LLC"
  },
  {
   "key": "amount_full",
   "receipt": "0000902664-26-004200",
   "source": {
    "path": "offeringData/offeringSalesAmounts/totalAmountSold",
    "value": "456660000"
   },
   "text": "$456,660,000"
  },
  {
   "key": "amount_head",
   "receipt": "0000902664-26-004200",
   "source": {
    "path": "offeringData/offeringSalesAmounts/totalAmountSold",
    "value": "456660000"
   },
   "text": "$457 Million"
  },
  {
   "key": "investors",
   "receipt": "0000902664-26-004200",
   "source": {
    "path": "offeringData/investors/totalNumberAlreadyInvested",
    "value": "2"
   },
   "text": "two"
  },
  {
   "key": "investors_head",
   "receipt": "0000902664-26-004200",
   "source": {
    "path": "offeringData/investors/totalNumberAlreadyInvested",
    "value": "2"
   },
   "text": "Two"
  },
  {
   "key": "investors_digits",
   "receipt": "0000902664-26-004200",
   "source": {
    "path": "offeringData/investors/totalNumberAlreadyInvested",
    "value": "2"
   },
   "text": "2"
  },
  {
   "key": "year_of_inc",
   "receipt": "0000902664-26-004200",
   "source": {
    "path": "primaryIssuer/yearOfInc/value",
    "value": "2026"
   },
   "text": "2026"
  },
  {
   "key": "person_0",
   "receipt": "0000902664-26-004200",
   "source": {
    "path": "relatedPersonsList/relatedPersonInfo[1]",
    "values": [
     "UBS",
     "Asset",
     "Management",
     "(Americas)",
     "LLC"
    ]
   },
   "text": "UBS Asset Management (Americas) LLC"
  },
  {
   "key": "person_1",
   "receipt": "0000902664-26-004200",
   "source": {
    "path": "relatedPersonsList/relatedPersonInfo[2]",
    "values": [
     "Michael",
     "Kim"
    ]
   },
   "text": "Michael Kim"
  },
  {
   "key": "person_2",
   "receipt": "0000902664-26-004200",
   "source": {
    "path": "relatedPersonsList/relatedPersonInfo[3]",
    "values": [
     "Cassandra",
     "Powell"
    ]
   },
   "text": "Cassandra Powell"
  },
  {
   "key": "person_3",
   "receipt": "0000902664-26-004200",
   "source": {
    "path": "relatedPersonsList/relatedPersonInfo[4]",
    "values": [
     "Philip",
     "Dickie"
    ]
   },
   "text": "Philip Dickie"
  },
  {
   "key": "fund_short",
   "receipt": "0000902664-26-004200",
   "source": {
    "path": "primaryIssuer/entityName",
    "value": "PCE"
   },
   "text": "PCE"
  },
  {
   "key": "fund_plain",
   "receipt": "0000902664-26-004200",
   "source": {
    "path": "primaryIssuer/entityName",
    "value": "PCE"
   },
   "text": "PCE"
  },
  {
   "key": "first_sale_year",
   "receipt": "0000902664-26-004200",
   "source": {
    "path": "offeringData/typeOfFiling/dateOfFirstSale/value",
    "value": "2026-09-30"
   },
   "text": "2026"
  },
  {
   "key": "amount_short__prose",
   "receipt": "0000902664-26-004200",
   "source": {
    "path": "offeringData/offeringSalesAmounts/totalAmountSold",
    "value": "456660000"
   },
   "text": "$456.7 million"
  },
  {
   "key": "filed_date__short",
   "receipt": "0000902664-26-004200",
   "source": {
    "value": "2026-10-16"
   },
   "text": "Oct. 16"
  },
  {
   "key": "first_sale_date__short",
   "receipt": "0000902664-26-004200",
   "source": {
    "path": "offeringData/typeOfFiling/dateOfFirstSale/value",
    "value": "2026-09-30"
   },
   "text": "Sept. 30"
  },
  {
   "key": "quote_0",
   "receipt": "0000902664-26-004200",
   "source": {
    "path": "text",
    "value": "The fund charges a management fee that is described in the fund's offering documents"
   },
   "text": "The fund charges a management fee that is described in the fund's offering documents"
  }
 ],
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 "headline": "New Hedge Fund PCE Takes In $457 Million From Two Investors",
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   "cik": "2160427",
   "filed": "2026-10-16",
   "form": "D",
   "id": "0000902664-26-004200",
   "label": "Form D accession 0000902664-26-004200",
   "source": "edgar",
   "type": "accession",
   "type_label": "EDGAR accession",
   "url": "https://www.sec.gov/Archives/edgar/data/2160427/000090266426004200/0000902664-26-004200-index.htm"
  }
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 "record_date": "2026-10-16",
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 "status": "published",
 "type": "formd_new_fund",
 "updated_at": "2026-10-16T20:20:15+00:00",
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