Block Bits Fund I, LP
Block Bits Fund I, LP is a hedge fund based in San Francisco, California. According to its most recent Form D, filed Jul 3, 2017, the fund has sold $320,000 of interests to 10 investors since its first sale in Jun 2017. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Block Bits Capital GP I, LLC; Block Bits Capital, LLC; David Mata.
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
- $320,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Jun 24, 2017
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Block Bits Capital GP I, LLC; Block Bits Capital, LLC; David Mata
- Latest Form D
- Jul 3, 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
Questions about Block Bits Fund I, LP
What is the minimum investment for Block Bits Fund I, LP?
Block Bits Fund I, LP's latest Form D, filed Jul 3, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Block Bits Fund I, LP?
Block Bits Fund I, LP is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Block Bits Fund I, LP raised?
Block Bits Fund I, LP reports $320,000 sold from 10 investors on its Form D filed Jul 3, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Block Bits Fund I, LP based?
Block Bits Fund I, LP is based in San Francisco, California.
When did Block Bits Fund I, LP launch?
Block Bits Fund I, LP reports its first sale in Jun 2017.
Size compared with every hedge fund
Raised more than 15% of the 1,049 hedge funds based in California, and more than 3% of all 10,129 that report sales.