Black Lotus Quantum Ventures I, LP is a hedge fund based in Providence, Rhode Island. According to its most recent Form D, filed Apr 2, 2026, the fund has sold $786,000 of interests to 2 investors since its first sale in Mar 2026. The minimum investment it accepts from an outside investor is $50,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Black Lotus Partners, LLC; Thomas Bispham, Jr.
Performance
No verified 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
- $786,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Mar 1, 2026
- Minimum investment
- $50,000
- 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
- Black Lotus Partners, LLC; Thomas Bispham, Jr
- Latest Form D
- Apr 2, 2026
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
Questions about Black Lotus Quantum Ventures I, LP
What is the minimum investment for Black Lotus Quantum Ventures I, LP?
According to its latest Form D, filed Apr 2, 2026, the minimum investment Black Lotus Quantum Ventures I, LP accepts from an outside investor is $50,000.
Who can invest in Black Lotus Quantum Ventures I, LP?
Black Lotus Quantum Ventures 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 Black Lotus Quantum Ventures I, LP raised?
Black Lotus Quantum Ventures I, LP reports $786,000 sold from 2 investors on its Form D filed Apr 2, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Black Lotus Quantum Ventures I, LP based?
Black Lotus Quantum Ventures I, LP is based in Providence, Rhode Island.
When did Black Lotus Quantum Ventures I, LP launch?
Black Lotus Quantum Ventures I, LP reports its first sale in Mar 2026, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every hedge fund
Raised more than 0% of the 4 hedge funds based in Rhode Island, and more than 5% of all 10,308 that report sales.