AltMountain

SPC Velir, LP

New York, NY · CIK 1839328
Status: no Form D since Jan 2021. 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.

SPC Velir, LP is a private investment fund based in New York, New York. According to its most recent Form D, filed Jan 6, 2021, it has sold $28,830,000 of interests to 33 investors since its first sale in Dec 2020. 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 Adam Godfrey; Justin Wender.

Total raised
$28,830,000Cumulative sales reported on Form D
Investors
33
First sale
Dec 22, 2020
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
Adam Godfrey; Justin Wender
Latest Form D
Jan 6, 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 SPC Velir, LP

What is the minimum investment for SPC Velir, LP?

SPC Velir, LP's latest Form D, filed Jan 6, 2021, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in SPC Velir, LP?

SPC Velir, 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 SPC Velir, LP raised?

SPC Velir, LP reports $28,830,000 sold from 33 investors on its Form D filed Jan 6, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is SPC Velir, LP based?

SPC Velir, LP is based in New York, New York.

When did SPC Velir, LP launch?

SPC Velir, LP reports its first sale in Dec 2020.

Size compared with every private investment fund

Raised more than 58% of the 2,823 private investment funds based in New York, and more than 55% of all 10,266 that report sales.

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