The Baltimore-managed investment trust issued units across three series to new and existing investors under a Regulation D exemption.

March 6, 2026

Campbell Fund Trust, a Delaware-organized investment vehicle managed by Campbell & Company, LP out of Baltimore, Maryland, disclosed that it completed a private sale of equity securities on February 28, 2026. The transaction involved the issuance of Units of Beneficial Interest to both new and existing unitholders across three separate series.

Offering Details

The total estimated proceeds from the offering came to approximately $5.14 million, broken down as follows:

• Series A: approximately $2.68 million
• Series D: approximately $1.76 million
• Series W: $700,000

All amounts were received in cash, and the reported figures exclude any escrow interest.

Regulatory Framework

The trust conducted the sale without registering the securities under the Securities Act of 1933. It relied on an exemption under Section 4(2) of the Act, which permits private placements that do not constitute a public offering. The issuance was structured in accordance with Regulation D, which governs limited offerings and sales without full registration.

Private placements of this kind are a common capital-raising mechanism for investment trusts and funds that serve sophisticated or accredited investors. By using Regulation D, issuers can avoid the time and expense of a full public registration while still bringing in significant capital from eligible participants.

Background

Campbell & Company, LP serves as the principal manager of the trust and operates from its offices on Quarry Lake Drive in Baltimore. The firm has a longstanding presence in the managed futures and systematic trading space, and the fund trust structure allows it to pool capital from qualified investors.

The trust does not have securities listed on any national exchange and is not classified as an emerging growth company. The disclosure was signed by Thomas P. Lloyd, General Counsel and Chief Compliance Officer, on March 4, 2026.

The latest capital raise suggests continued investor interest in Campbell Fund Trust’s strategy and offerings as the second quarter of 2026 approaches.