BCM Discovery Fund LP is a hedge fund based in Boston, Massachusetts. According to its most recent Form D, filed Jun 9, 2017, the fund has sold $83,528,876 of interests to 112 investors since its first sale in Jul 2006. The minimum investment it accepts from an outside investor is $1,000,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Bradley Balter.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $83,528,876Cumulative sales reported on Form D
- Investors
- 112
- First sale
- Jul 1, 2006
- Minimum investment
- $1,000,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Bradley Balter
- Latest Form D
- Jun 9, 2017
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Jun 9, 2017 | Amendment | $83,528,876 | 112 | SEC.gov ↗ |
| Jun 10, 2016 | Amendment | $83,528,876 | 112 | SEC.gov ↗ |
| Jun 12, 2015 | Amendment | $83,528,876 | 112 | SEC.gov ↗ |
| Jun 13, 2014 | Amendment | $83,528,876 | 112 | SEC.gov ↗ |
4 Form D filings in the SEC's electronic records (2008 onward), the earliest on Jun 13, 2014. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about BCM Discovery Fund LP
What is the minimum investment for BCM Discovery Fund LP?
According to its latest Form D, filed Jun 9, 2017, the minimum investment BCM Discovery Fund LP accepts from an outside investor is $1,000,000.
Who can invest in BCM Discovery Fund LP?
BCM Discovery Fund LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has BCM Discovery Fund LP raised?
BCM Discovery Fund LP reports $83,528,876 sold from 112 investors on its Form D filed Jun 9, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is BCM Discovery Fund LP based?
BCM Discovery Fund LP is based in Boston, Massachusetts.
When did BCM Discovery Fund LP launch?
BCM Discovery Fund LP reports its first sale in Jul 2006.
Size compared with every hedge fund
Raised more than 43% of the 474 hedge funds based in Massachusetts, and more than 55% of all 10,140 that report sales.