iGan SPV2, LP is a venture capital fund based in Toronto, Ontario, Canada. According to its most recent Form D, filed Jul 31, 2020, it has sold $708,715 of interests to 2 investors since its first sale in Jun 2020. The minimum investment it accepts from an outside investor is $10,000. 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 Billy Lai; Sam Ifergan; Mark Bhattacharya.
- Total raised
- $708,715Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Jun 3, 2020
- Minimum investment
- $10,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Billy Lai; Sam Ifergan; Mark Bhattacharya
- Latest Form D
- Jul 31, 2020
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 iGan SPV2, LP
What is the minimum investment for iGan SPV2, LP?
According to its latest Form D, filed Jul 31, 2020, the minimum investment iGan SPV2, LP accepts from an outside investor is $10,000.
Who can invest in iGan SPV2, LP?
iGan SPV2, 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 iGan SPV2, LP raised?
iGan SPV2, LP reports $708,715 sold from 2 investors on its Form D filed Jul 31, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is iGan SPV2, LP based?
iGan SPV2, LP is based in Toronto, Ontario, Canada.
When did iGan SPV2, LP launch?
iGan SPV2, LP reports its first sale in Jun 2020.
Size compared with every venture capital fund
Raised more than 40% of the 47 venture capital funds based in Ontario, Canada, and more than 55% of all 14,800 that report sales.