Wakem Digital Arb Fund, LP is a private investment fund based in New York, New York. According to its most recent Form D, filed Jul 28, 2022, it has sold $15,588,347 of interests to 21 investors since its first sale in Feb 2021. The minimum investment it accepts from an outside investor is $100,000. 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. Related persons named in the filing include Raymond Denney; John Vincent.
- Total raised
- $15,588,347Cumulative sales reported on Form D
- Investors
- 21
- First sale
- Feb 8, 2021
- Minimum investment
- $100,000
- 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
- Raymond Denney; John Vincent
- Latest Form D
- Jul 28, 2022
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 Wakem Digital Arb Fund, LP
What is the minimum investment for Wakem Digital Arb Fund, LP?
According to its latest Form D, filed Jul 28, 2022, the minimum investment Wakem Digital Arb Fund, LP accepts from an outside investor is $100,000.
Who can invest in Wakem Digital Arb Fund, LP?
Wakem Digital Arb 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 Wakem Digital Arb Fund, LP raised?
Wakem Digital Arb Fund, LP reports $15,588,347 sold from 21 investors on its Form D filed Jul 28, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Wakem Digital Arb Fund, LP based?
Wakem Digital Arb Fund, LP is based in New York, New York.
When did Wakem Digital Arb Fund, LP launch?
Wakem Digital Arb Fund, LP reports its first sale in Feb 2021.
Size compared with every private investment fund
Raised more than 52% of the 2,847 private investment funds based in New York, and more than 48% of all 10,333 that report sales.