AltMountain

BlockTower DeFi SPV I, L.P.

New York, NY · CIK 1844206
Single-deal vehicle506(c)
Status: no Form D since Mar 2021. 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.

BlockTower DeFi SPV I, L.P. is a private investment fund based in New York, New York. Its name suggests a single-investment vehicle, such as a special purpose vehicle (SPV) or co-investment fund, rather than a blind-pool fund. According to its most recent Form D, filed Mar 2, 2021, it has sold $26,375,506 of interests to 82 investors since its first sale in Feb 2021. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include BlockTower Capital Advisors LP; Matthew Goetz; Ari Paul.

Total raised
$26,375,506Cumulative sales reported on Form D
Investors
82
First sale
Feb 15, 2021
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
BlockTower Capital Advisors LP; Matthew Goetz; Ari Paul
Latest Form D
Mar 2, 2021

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 BlockTower DeFi SPV I, L.P.

What is the minimum investment for BlockTower DeFi SPV I, L.P.?

BlockTower DeFi SPV I, L.P.'s latest Form D, filed Mar 2, 2021, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in BlockTower DeFi SPV I, L.P.?

BlockTower DeFi SPV I, L.P. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.

How much has BlockTower DeFi SPV I, L.P. raised?

BlockTower DeFi SPV I, L.P. reports $26,375,506 sold from 82 investors on its Form D filed Mar 2, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is BlockTower DeFi SPV I, L.P. based?

BlockTower DeFi SPV I, L.P. is based in New York, New York.

When did BlockTower DeFi SPV I, L.P. launch?

BlockTower DeFi SPV I, L.P. reports its first sale in Feb 2021.

Size compared with every private investment fund

Raised more than 57% of the 2,847 private investment funds based in New York, and more than 54% of all 10,333 that report sales.

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