Form D · Hedge Fund

Convergence Fund I, LP

King Of Prussia, PA · CIK 0001662875

Offering snapshot reported Jun 11, 2018 · SEC filing

Reported sold
$3.94M
Indefinite offering
Investors reported
17
Form D · investor count
Minimum accepted
$50K
Reported outside-investor minimum
First sale
Jan 4, 2016
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$1.97M$3.94MJan 13, 2016: $1,500,000.00Jan 13, 2016Jun 5, 2017: $2,890,000.00Jun 5, 2017Jun 11, 2018: $3,940,000.00Jun 11, 2018

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$2,890,000 → $3,940,000
  • Reported investors12 → 17

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jun 11, 2018Amendment$3,940,000$1,050,000vs Jun 5, 201717SEC filing
Jun 5, 2017Amendment$2,890,000$1,390,000vs Jan 13, 201612SEC filing
Jan 13, 2016Initial$1,500,000No comparison6SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-255056

Source: Form D, filed Jun 11, 2018. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

CONVERGENCE FUND I, LP

Investment adviser: FORTIS ADVISORS, LLC

Gross asset value
$7.71M
Beneficial owners
22
ADV minimum commitment
$25K

Reported in Form ADV on Mar 30, 2020. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator FORTIS FAMILY OFFICE KING OF PRUSSIA, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes
Auditor GALLAGHER, MCDEVITT, SCHALLEUR & SURGENT LLC DEVON, Pennsylvania, United States
Custodian CHARLES SCHWAB & CO., INC. NEW YORK, New York, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

GALLAGHER, MCDEVITT, SCHALLEUR & SURGENT LLC
PCAOB 6372

CHARLES SCHWAB & CO., INC.
SEC 8-16514

Filing source

Form ADV 1395036 · Mar 30, 2020 · Schedule D 7.B.(1), fund 805-2315768555

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Derek Boles Director
Management, Llc Convergence Executive
Fund Gp, Llc Convergence Executive
Matthew Topley Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
1045 First Avenue Suite 120
King Of Prussia, PA, 19406