SBJ Elevation Fund, LP is a private investment fund based in Walnut Creek, California. According to its most recent Form D, filed Aug 4, 2025, it has sold $44,108,400 of interests to 14 investors since its first sale in Jul 2025. The filing does not set a minimum investment. 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 Nicolas Lopez; SPJ Elevation GP, LLC; Bhairvee Shavdia.
- Total raised
- $44,108,400Cumulative sales reported on Form D
- Investors
- 14
- First sale
- Jul 22, 2025
- Minimum investment
- None set
- 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
- Nicolas Lopez; SPJ Elevation GP, LLC; Bhairvee Shavdia
- Latest Form D
- Aug 4, 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 SBJ Elevation Fund, LP
What is the minimum investment for SBJ Elevation Fund, LP?
SBJ Elevation Fund, LP's latest Form D, filed Aug 4, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SBJ Elevation Fund, LP?
SBJ Elevation Fund, LP 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 SBJ Elevation Fund, LP raised?
SBJ Elevation Fund, LP reports $44,108,400 sold from 14 investors on its Form D filed Aug 4, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is SBJ Elevation Fund, LP based?
SBJ Elevation Fund, LP is based in Walnut Creek, California.
When did SBJ Elevation Fund, LP launch?
SBJ Elevation Fund, LP reports its first sale in Jul 2025, 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 investment fund
Raised more than 74% of the 1,758 private investment funds based in California, and more than 60% of all 10,425 that report sales.