Wave Select 20 Digital Fund Ltd. is a private investment fund based in Tortola, Virgin Islands, British. According to its most recent Form D, filed Mar 4, 2020, it has sold $359,253 of interests to 2 investors since its first sale in Apr 2019. 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. Related persons named in the filing include David Siemer; Jennifer Anderson.
- Total raised
- $359,253Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Apr 12, 2019
- 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
- David Siemer; Jennifer Anderson
- Latest Form D
- Mar 4, 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 Wave Select 20 Digital Fund Ltd.
What is the minimum investment for Wave Select 20 Digital Fund Ltd.?
Wave Select 20 Digital Fund Ltd.'s latest Form D, filed Mar 4, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Wave Select 20 Digital Fund Ltd.?
Wave Select 20 Digital Fund Ltd. 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 Wave Select 20 Digital Fund Ltd. raised?
Wave Select 20 Digital Fund Ltd. reports $359,253 sold from 2 investors on its Form D filed Mar 4, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Wave Select 20 Digital Fund Ltd. based?
Wave Select 20 Digital Fund Ltd. is based in Tortola, Virgin Islands, British.
When did Wave Select 20 Digital Fund Ltd. launch?
Wave Select 20 Digital Fund Ltd. reports its first sale in Apr 2019.
Size compared with every private investment fund
Raised more than 25% of the 24 private investment funds based in Virgin Islands, British, and more than 7% of all 10,333 that report sales.