Form D · Hedge Fund

Sapere .690 Gold Fund QP, LP

Matthews, NC · CIK 0001825459

Offering snapshot reported Sep 23, 2020 · SEC filing

Reported sold: $22.8M
Investors reported: 28
Minimum accepted: $100K
First sale: Jul 1, 2020

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Sep 23, 2020	Initial	$22,825,000	No comparison	28	SEC filing

Offering details

Securities: Equity, Pooled investment fund
Exemptions: 06b, 3C, 3C.1, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-376146

Source: Form D, filed Sep 23, 2020. 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

SAPERE .690 GOLD FUND QP, LP

Investment adviser: SAPERE WEALTH MANAGEMENT, LLC

Gross asset value: $134M
Beneficial owners: 84
ADV minimum commitment: $100K

Reported in Form ADV on Mar 13, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NORTHERN TRUST CORPORATION CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor WITHUMSMITH+BROWN, PC NEW YORK, New York, United States

Custodian NORTHERN TRUST CORPORATION CHICAGO, Illinois, United States Related to adviser: No

Prime broker NORTHERN TRUST SECURITIES, INC. CHICAGO, Illinois, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

WITHUMSMITH+BROWN, PC
PCAOB 100

NORTHERN TRUST SECURITIES, INC.
CRD 7927 · SEC 8-23689

Filing source

Form ADV 2044008 · Mar 13, 2026 · Schedule D 7.B.(1), fund 805-8336919653

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
Name	Reported role
Paul F. Borrelli	Executive
. Sapere Fund Management, Llc	Executive
Scott Trease	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

130 Matthews Station Street Suite 2 A
Matthews, NC, 28105