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EDGAR Verified
Primary Source · SEC.gov

Fund FG-NAS, a series of Forge Investments LLC

CIK 0001794723Fund Vehicle2026 vintage506(b), 3(c)(1)
Forge GlobalFull Review

Raised

$66M

Investors

72

Min Invest

$5,000

AltStreet Analysis

·

Generated from EDGAR primary sources

Fund FG-NAS is a Delaware series of Forge Investments LLC, managed by Forge Global Advisors LLC with executives Grant George and Shilpi McGrath. This amended filing reports $66.1M raised from 72 investors under Rule 506(b) and 3(c)(1) exemptions, with a $5K minimum investment. It is part of the Forge Global platform, which operates 104 related EDGAR entities focused on private equity investments.

This private equity vehicle uses the standard 506(b) exemption with 3(c)(1) exclusion from Investment Company Act registration, typical for private fund structures. The $5K minimum investment is notably accessible compared to typical institutional private equity funds, suggesting a retail-oriented or mass affluent investor base. The $918K average check size across 72 investors indicates a diversified small-to-mid-size investor pool.

Data Flags

minimum_investment$5K minimum on a $66.1M raise is exceptionally low for private equity, suggesting democratized access model or platform-driven distribution
investor_count72 investors with average commitment of ~$918K indicates high investor fragmentation relative to total capital
first_sale_dateFirst sale date not disclosed on an amended filing that has already raised $66.1M

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001794723
Entity NameFund FG-NAS, a series of Forge Investments LLC
Exemption506(b), 3(c)(1)
First Sale Date—
Filing DateApril 23, 2026
Accession Number0001794723-26-000001
Total Amount Sold$66M
Total Investors72
Minimum Investment$5,000
Securities TypePooled Investment Fund
State of IncorporationNot specified
Amendment Count1 amendments filed

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

Forge Global Advisors LLC

Director · San Francisco, CA

Grant George

Executive Officer · San Francisco, CA

Shilpi McGrath

Executive Officer · San Francisco, CA

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Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. AltStreet analysis (summaries, flags, category context) is generated by Claude from this primary source data and reviewed for accuracy. Platform-provided information (if present) is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. EDGAR data is verified read-only — platforms may request factual corrections for demonstrable inaccuracies by contacting research@altstreet.investments. This page does not constitute investment advice.