Form D · Hedge Fund

Galaxy DeFi Index Fund

New York, NY · CIK 0001880228

Offering snapshot reported Jul 19, 2022 · SEC filing

Reported sold
$11.1M
Indefinite offering
Investors reported
10
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
Sep 1, 2021
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$5.54M$11.1MSep 15, 2021: $3,050,000.00Sep 15, 2021Jul 19, 2022: $11,075,000.00Jul 19, 2022

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$3,050,000 → $11,075,000
  • Reported investors3 → 10

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jul 19, 2022Amendment$11,075,000$8,025,000vs Sep 15, 202110SEC filing
Sep 15, 2021Initial$3,050,000No comparison3SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06c, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-413531

Source: Form D, filed Jul 19, 2022. 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

GALAXY DEFI INDEX FUND

Investment adviser: GALAXY DIGITAL CAPITAL MANAGEMENT LP

Gross asset value
$322K
Beneficial owners
9
ADV minimum commitment
$1M

Reported in Form ADV on Jul 11, 2023. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator MG STOVER & CO. DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Fund administrator NAV CONSULTING, INC. OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor DELOITTE & TOUCHE LLP NEW YORK, New York, United States
Custodian COINBASE CUSTODY TRUST COMPANY, LLC NEW YORK, New York, United States Related to adviser: No
Custodian FLAGSTAR ADVISORS INC NEW YORK, New York, United States Related to adviser: No
Custodian GEMINI TRUST COMPANY, LLC CHICAGO, Illinois, United States Related to adviser: No
Custodian SILVERGATE BANK LA JOLLA, California, 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

DELOITTE & TOUCHE LLP
PCAOB 34

FLAGSTAR ADVISORS INC
SEC 8-52697

Filing source

Form ADV 1774365 · Jul 11, 2023 · Schedule D 7.B.(1), fund 805-1125548059

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
Christopher Ferraro Executive
Galaxy Digital Capital Management Gp Llc Promoter
Galaxy Digital Capital Management, Lp Promoter
Steve Kurz Executive
Michael Novogratz Executive
Damien Vanderwilt Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
300 Vesey St., 13th Floor
New York, NY, 10282