SEC filing record
Primary Source · SEC.gov

SJF Ventures IV, LP

Fund Vehicle2016 vintageRule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7)Filing record

Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.

Raised

$68M

Investors

38

Min Invest

None stated

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What this filing shows

·

Every sentence is a value as filed on SEC Form D

SJF Ventures IV, LP is a Delaware limited partnership organized in 2016 that filed a Form D with the SEC on October 24, 2016, describing itself as a venture capital fund. The offering claims Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7) and covers equity and pooled investment fund interests. SJF Ventures IV, LP reported $68,225,500 sold from 38 investors of a $125,000,000 total offering as of the Form D filed October 24, 2016. The filing states that the figure is combined across related vehicles, so it is not this entity's figure alone. The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing checks both Section 3(c)(1), which caps the fund at 100 beneficial owners, and Section 3(c)(7), which requires every investor to be a qualified purchaser, generally an individual with at least $5 million in investments. A fund normally relies on one or the other. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated. The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates. The issuer's address of record is 200 N. Mangum Street, Suite 203, Durham, NC 27701.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001687485
Entity NameSJF Ventures IV, LP
ExemptionRule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising. Section 3(c) of the Investment Company Act of 1940: the issuer is a pooled investment vehicle relying on an exclusion from registration as an investment company. Section 3(c)(1) of the Investment Company Act: the fund is excluded from investment-company registration because it has no more than 100 beneficial owners. Section 3(c)(7) of the Investment Company Act: the fund is excluded from investment-company registration because every investor is a qualified purchaser, generally an individual with at least $5 million in investments or an institution with at least $25 million.
Entity TypeLimited Partnership
Jurisdiction of OrganizationDelaware
Year Organized2016
Issuer Address200 N. Mangum Street, Suite 203, Durham, NC 27701
Phone(919) 539-1177
Industry / Fund TypePooled Investment Fund · Venture Capital Fund
Investment Company ActExcluded under Section 3(c)(1) (100 beneficial owners or fewer) and Section 3(c)(7) (qualified purchasers only) (both boxes checked on the filing)
Securities TypeEquity, Pooled investment fund interests
First Sale DateOctober 14, 2016
Filing DateOctober 24, 2016
Accession Number0001687485-16-000001
Total Offering Amount$125,000,000
Total Amount Sold$68,225,500
Amount Remaining$56,774,500
Amount Sold NoteCombined figure across related vehicles: Issuer and SJF Ventures IVA, LP may collectively offer up to $125,000,000. The Total Amount Sold reflects only the amount sold by this Issuer.
Total Investors38
Non-Accredited InvestorsNone
Minimum Investment$0 (no stated minimum)
Offering DurationOne year or less
Sales Commissions$0
Finders' Fees$0
Revenue RangeDecline to Disclose
State (Issuer Address)NC
Amendment CountOriginal filing only

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

In the Terminal

Filing events

0

none on file

Critical / warning

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0 watch · 0 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

lapsed

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Fund family Part of the SJF Ventures family: 3 vehicles across 3 generations · full family and the filing behind each link in the terminal

Investor

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  • 1 offering timeline: velocity, share raised, first-sale lag, stalled flags

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Adviser of Record (Form ADV)

Sjf Management LLC

CRD 163253 · exempt reporting adviser · lists this fund on Schedule D 7.B.(1) as a venture capital fund

Auditor named on Form ADV: CohnReznick LLP · PCAOB-registered per the adviser

From the adviser's Form ADV as loaded from the SEC bulk data, joined on this issuer's Form D file number. Fund-level figures and the adviser's full fund roster are in the terminal.

Related Persons (Form D)

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

SJF GP IV, LLC

Executive Officer, Promoter · Durham, NC

General Partner of the Issuer

SJF Management, LLC

Promoter · Durham, NC

Investment Manager of the Issuer

David Kirkpatrick

Executive Officer, Director · Durham, NC

Managing Director of the General Partner of the Issuer

Arrun Kapoor

Executive Officer, Director · Durham, NC

Managing Director of the General Partner of the Issuer

David Griest

Executive Officer, Director · Durham, NC

Managing Director of the General Partner of the Issuer

Alan Kelley

Executive Officer, Director · Durham, NC

Managing Director of the General Partner of the Issuer

Questions About SJF Ventures IV, LP

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is SJF Ventures IV, LP?

SJF Ventures IV, LP is a Delaware limited partnership organized in 2016 that filed a Form D with the SEC on October 24, 2016 as a venture capital fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7) for an offering of equity and pooled investment fund interests.

Is SJF Ventures IV, LP legit?

AltStreet does not rate legitimacy; it reports the public record. SJF Ventures IV, LP filed a Form D with the SEC on October 24, 2016 claiming Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $68,225,500 sold to 38 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Is SJF Ventures IV, LP registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that SJF Ventures IV, LP claimed Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

How much has SJF Ventures IV, LP raised?

SJF Ventures IV, LP reported $68,225,500 sold from 38 investors of a $125,000,000 total offering as of the Form D filed October 24, 2016. The filing states that the figure is combined across related vehicles, so it is not this entity's figure alone.

Who can invest in SJF Ventures IV, LP?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing checks both Section 3(c)(1), which caps the fund at 100 beneficial owners, and Section 3(c)(7), which requires every investor to be a qualified purchaser, generally an individual with at least $5 million in investments. A fund normally relies on one or the other. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated.

What is the minimum investment in SJF Ventures IV, LP?

The Form D lists the minimum investment as $0, which means the issuer did not state a minimum on the form. The offering documents, not the Form D, set the actual subscription terms.

Who is selling SJF Ventures IV, LP and how are they paid?

The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.

Who is behind SJF Ventures IV, LP?

The Form D lists 6 related persons: SJF GP IV, LLC, executive officer, promoter (General Partner of the Issuer); SJF Management, LLC, promoter (Investment Manager of the Issuer); David Kirkpatrick, executive officer, director (Managing Director of the General Partner of the Issuer); Arrun Kapoor, executive officer, director (Managing Director of the General Partner of the Issuer); David Griest, executive officer, director (Managing Director of the General Partner of the Issuer); Alan Kelley, executive officer, director (Managing Director of the General Partner of the Issuer). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is SJF Ventures IV, LP located?

The issuer's address on its SEC filings is 200 N. Mangum Street, Suite 203, Durham, NC 27701. Its phone number of record is 919-539-1177. It is organized under the laws of Delaware.

How long is the SJF Ventures IV, LP offering open?

The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.

How large is SJF Ventures IV, LP?

The issuer declined to disclose its revenue range on the Form D, which the form permits.

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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. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.