AltMountain

BitSage Fund I, LP

Palatine, IL · CIK 1920472
Status: no Form D since Oct 2024. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

BitSage Fund I, LP is a private investment fund based in Palatine, Illinois. According to its most recent Form D, filed Oct 29, 2024, it has sold $640,000 of interests since its first sale in Apr 2022. The minimum investment it accepts from an outside investor is $100,000. 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 Bjondi Dervishi.

Total raised
$640,000Cumulative sales reported on Form D
Investors
0
First sale
Apr 1, 2022
Minimum investment
$100,000
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
Bjondi Dervishi
Latest Form D
Oct 29, 2024

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. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about BitSage Fund I, LP

What is the minimum investment for BitSage Fund I, LP?

According to its latest Form D, filed Oct 29, 2024, the minimum investment BitSage Fund I, LP accepts from an outside investor is $100,000.

Who can invest in BitSage Fund I, LP?

BitSage Fund I, 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 BitSage Fund I, LP raised?

BitSage Fund I, LP reports $640,000 sold on its Form D filed Oct 29, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is BitSage Fund I, LP based?

BitSage Fund I, LP is based in Palatine, Illinois.

When did BitSage Fund I, LP launch?

BitSage Fund I, LP reports its first sale in Apr 2022.

Size compared with every private investment fund

Raised more than 26% of the 553 private investment funds based in Illinois, and more than 11% of all 10,255 that report sales.

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All private investment funds in Illinois