Delphin Multi-Asset Fund is a private equity fund based in New York, New York. According to its most recent Form D, filed Nov 13, 2025, it has sold $178,361 of interests to 2 investors since its first sale in Oct 2021. The minimum investment it accepts from an outside investor is $1,000. 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 Fabrice Brutus; Andre McDonnaugh; Guy-Max Delphin.
- Total raised
- $178,361Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Oct 28, 2021
- Minimum investment
- $1,000
- 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
- Fabrice Brutus; Andre McDonnaugh; Guy-Max Delphin
- Latest Form D
- Nov 13, 2025
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 Delphin Multi-Asset Fund
What is the minimum investment for Delphin Multi-Asset Fund?
According to its latest Form D, filed Nov 13, 2025, the minimum investment Delphin Multi-Asset Fund accepts from an outside investor is $1,000.
Who can invest in Delphin Multi-Asset Fund?
Delphin Multi-Asset Fund 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 Delphin Multi-Asset Fund raised?
Delphin Multi-Asset Fund reports $178,361 sold from 2 investors on its Form D filed Nov 13, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Delphin Multi-Asset Fund based?
Delphin Multi-Asset Fund is based in New York, New York.
When did Delphin Multi-Asset Fund launch?
Delphin Multi-Asset Fund reports its first sale in Oct 2021, 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 private equity fund
Raised more than 42% of the 3,669 private equity funds based in New York, and more than 7% of all 8,950 that report sales.