Form D · Hedge Fund

Velan Capital SPV I LLC

Alpharetta, GA · CIK 0001977931

Offering snapshot reported Jun 22, 2023 · SEC filing

Reported sold
$5.54M
Indefinite offering
Investors reported
28
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
May 5, 2023
As reported in this filing

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jun 22, 2023Initial$5,535,000No comparison28SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0 (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-484828

Source: Form D, filed Jun 22, 2023. 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

VELAN CAPITAL SPV I LLC

Investment adviser: AVEGO MANAGEMENT, LLC

Gross asset value
$18.1M
Beneficial owners
37
ADV minimum commitment
$0

Reported in Form ADV on Jan 28, 2025. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C GLOBEOP UNION, New Jersey, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor COHNREZNICK LLP PARSIPPANY, New Jersey, United States
Custodian FIRST REPUBLIC BANK SAN FRANCISCO, California, United States Related to adviser: No
Custodian UBS SECURITIES LLC NEW YORK, New York, United States Related to adviser: No
Prime broker UBS SECURITIES LLC NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

COHNREZNICK LLP
PCAOB 596

FIRST REPUBLIC BANK
LEI YWC0TIKBQM2JV8L4IV08

Filing source

Form ADV 1931090 · Jan 28, 2025 · Schedule D 7.B.(1), fund 805-4467400859

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
Velan Capital Holdings Llc Executive, Promoter
Velan Capital Investment Management Lp Executive, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
1055 B Powers Place 2 Nd Floor
Alpharetta, GA, 30009