Galaxy Interactive Fund I, LP is a venture capital fund based in New York. According to its most recent Form D, filed Apr 23, 2021, it has sold $57,000,000 of interests to 12 investors since its first sale in Apr 2021. The minimum investment it accepts from an outside investor is $1,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Michael Novogratz; Galaxy Interactive Fund I GP LLC; Andrew Siegel.
- Total raised
- $57,000,000Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Apr 12, 2021
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Michael Novogratz; Galaxy Interactive Fund I GP LLC; Andrew Siegel
- Latest Form D
- Apr 23, 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 Galaxy Interactive Fund I, LP
What is the minimum investment for Galaxy Interactive Fund I, LP?
According to its latest Form D, filed Apr 23, 2021, the minimum investment Galaxy Interactive Fund I, LP accepts from an outside investor is $1,000,000.
Who can invest in Galaxy Interactive Fund I, LP?
Galaxy Interactive Fund I, LP 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(b), which does not allow general advertising.
How much has Galaxy Interactive Fund I, LP raised?
Galaxy Interactive Fund I, LP reports $57,000,000 sold from 12 investors on its Form D filed Apr 23, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Galaxy Interactive Fund I, LP based?
Galaxy Interactive Fund I, LP is based in New York.
When did Galaxy Interactive Fund I, LP launch?
Galaxy Interactive Fund I, LP reports its first sale in Apr 2021.