Form D · Venture Capital Fund

March EXP I LP

George Town, Grand Cayman, E9 · CIK 0002116552

Offering snapshot reported Mar 12, 2026 · SEC filing

Reported sold
$5.5M
Offering amount: $200M
Investors reported
3
Form D · investor count
Minimum accepted
$1.5M
Reported outside-investor minimum
First sale
Nov 11, 2025
As reported in this filing

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 12, 2026Initial$5,500,000No comparison3SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-576334
Includes only securities sold to U.S. investors by the Issuer in reliance on Regulation D (e.g., excludes securities sold to non-U.S. investors in reliance on Regulation S).

Source: Form D, filed Mar 12, 2026. 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

MARCH EXP I LP

Investment adviser: MARCH PARTNERS LLC

Gross asset value
$12.2M
Beneficial owners
7
ADV minimum commitment
$1M

Reported in Form ADV on Mar 25, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator CITIC SECURITIES FUND SERVICES (ASIA) LIMITED ADMIRALTY, Hong Kong Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BDO CAYMAN LIMITED GEORGE TOWN, Cayman Islands
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
No
Administrator other than the adviser
Yes
External marketing
No

BDO CAYMAN LIMITED
PCAOB 2162

Filing source

Form ADV 2070448 · Mar 25, 2026 · Schedule D 7.B.(1), fund 805-1135942415

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
Zhen Xi Christopher Lai Director
Tsz Ho Tony Lau Director
N/A March Capital Limited Executive
N/A March Exp I Gp Limited Promoter
N/A March Fund Management Limited Executive
N/A March Partners Llc Executive
Harold Herman Schmitz Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Walkers Corporate Limited 190 Elgin Avenue
George Town, Grand Cayman, E9, KY1-9008