AltMountain

Polychain Venture Fund Ltd.

San Francisco, CA · CIK 1780187
Status: no Form D since Jun 2020. 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.

Polychain Venture Fund Ltd. is a hedge fund based in San Francisco, California. According to its most recent Form D, filed Jun 23, 2020, the fund has sold $35,550,000 of interests to 24 investors since its first sale in Mar 2018. 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(b), which does not permit general solicitation. Related persons named in the filing include Polychain VC LP; Polychain Meta LLC; Joseph Eagan.

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
$35,550,000Cumulative sales reported on Form D
Investors
24
First sale
Mar 5, 2018
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Polychain VC LP; Polychain Meta LLC; Joseph Eagan
Latest Form D
Jun 23, 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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Polychain Venture Fund Ltd.

What is the minimum investment for Polychain Venture Fund Ltd.?

Polychain Venture Fund Ltd.'s latest Form D, filed Jun 23, 2020, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Polychain Venture Fund Ltd.?

Polychain Venture Fund Ltd. 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 Polychain Venture Fund Ltd. raised?

Polychain Venture Fund Ltd. reports $35,550,000 sold from 24 investors on its Form D filed Jun 23, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Polychain Venture Fund Ltd. based?

Polychain Venture Fund Ltd. is based in San Francisco, California.

When did Polychain Venture Fund Ltd. launch?

Polychain Venture Fund Ltd. reports its first sale in Mar 2018.

Size compared with every hedge fund

Raised more than 51% of the 1,049 hedge funds based in California, and more than 40% of all 10,129 that report sales.

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