EDGAR Verified
Primary Source · SEC.gov

Grove Carbon Fund I LP

Fund Vehicle2024 vintage506(b)
Latest signalInvestors increasedForm D/A · 2026-06-106 events: 2 investors increased, 2 large raise, 2 sold increasedLast filing 2026-06-10

Raised

$45M

Investors

56

Min Invest

$1,000,000

AltStreet Analysis

·

Generated from EDGAR primary sources

Grove Carbon Fund I LP is a Delaware limited partnership that has raised $45.3M from 28 investors under Regulation D Rule 506(b), with a $1.0M minimum investment. The fund is managed by executives Mark Gruetzmacher and James O'Connell and operates in the carbon and climate investment space. This is an amended filing reporting updated fundraising progress.

This carbon/climate-focused fund employs a 506(b) private placement structure typical of institutional alternative investments in the environmental asset class. The $1.0M minimum investment represents a mid-tier institutional threshold, positioning it between family office-accessible and large institutional-only vehicles common in carbon credit and climate infrastructure strategies.

Data Flags

generalAmendment filed with substantial capital raise ($45.3M) but no first sale date disclosed, making it difficult to assess fundraising velocity or filing timeliness
entity_namePlatform entity identified as 'Grove Carbon Fund I LP' with zero related EDGAR entities despite appearing to be a series fund (Fund I designation suggests institutional sponsor)

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001990701
Entity NameGrove Carbon Fund I LP
ExemptionRule 506(b)
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.
Entity TypeLimited Partnership
Jurisdiction of OrganizationDelaware
Issuer Address25 Washington Street, Unit 5d, Brooklyn, NY 11201
Phone(813) 326-6345
Industry / Fund TypeOther Energy
Securities TypeEquity
First Sale Date—
Filing DateJune 10, 2026
Accession Number0001990701-26-000003
Total Offering Amount$300,000,000
Total Amount Sold$45,260,000
Amount Remaining$170,500,000
Total Investors56
Non-Accredited InvestorsNone
Minimum Investment$1,000,000
Offering DurationIntended to last more than one year
Sales Commissions$0
Finders' Fees$0
Revenue RangeDecline to Disclose
State (Issuer Address)NY
Amendment Count2 amendments filed

Filings on Record

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

AltStreet Coverage

Original reporting from AltStreet's daily EDGAR monitoring covering Grove Carbon Fund I LP and its filings.

All AltStreet news

Capital Raise Timeline

3 Form D filings from Aug 21, 2023 to Jun 10, 2026, the latest a D/A.

Checking access…

In the Terminal

Filing events

6

latest Jun 10, 2026

Critical / warning

0 / 0

6 watch · 0 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

raising

Latest event Investors increase · Jun 10, 2026

SEC.gov
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Investor

  • 6 filing events with values and deltas, latest 2026-06-10, and alerts on the next one
  • 1 offering timeline: velocity, share raised, first-sale lag, stalled flags

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Regulatory Activity

Filing events on this entity detected by AltStreet's EDGAR monitoring.

Jun 2026Form D amendment
SEC.gov
Jun 2026Form D amendment
SEC.gov

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Related Persons (Form D)

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

Mark Gruetzmacher

Executive Officer, Director · Brooklyn, NY

James O'Connell

Executive Officer, Director · Brooklyn, NY

Questions About Grove Carbon Fund I LP

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

What is Grove Carbon Fund I LP?

Grove Carbon Fund I LP is a Delaware limited partnership that filed a Form D with the SEC on June 10, 2026 in the Other Energy industry group. The filing claims Rule 506(b) for an offering of equity. AltStreet links the issuer to Grove Carbon Fund I LP.

Is Grove Carbon Fund I LP legit?

AltStreet does not rate legitimacy; it reports the public record. Grove Carbon Fund I LP filed a Form D with the SEC on June 10, 2026 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $45,260,000 sold to 56 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to Grove Carbon Fund I LP, which AltStreet has reviewed. 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 Grove Carbon Fund I 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 Grove Carbon Fund I LP claimed Rule 506(b) 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 Grove Carbon Fund I LP raised?

Grove Carbon Fund I LP reported $45,260,000 sold from 56 investors of a $300,000,000 total offering as of the Form D filed June 10, 2026.

Who can invest in Grove Carbon Fund I 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 reports no non-accredited investors. The minimum investment accepted from an outside investor is $1,000,000.

What is the minimum investment in Grove Carbon Fund I LP?

The Form D lists $1,000,000 as the minimum investment accepted from any outside investor as of June 10, 2026. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling Grove Carbon Fund I 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 Grove Carbon Fund I LP?

The Form D lists 2 related persons: Mark Gruetzmacher, executive officer, director (Managing Member of the General Partner of the Partnership); James O'Connell, executive officer, director (Managing Member of the General Partner of the Partnership). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is Grove Carbon Fund I LP located?

The issuer's address on its SEC filings is 25 Washington Street, Unit 5d, Brooklyn, NY 11201. Its phone number of record is 813-326-6345. It is organized under the laws of Delaware.

How long is the Grove Carbon Fund I LP offering open?

The issuer indicated that the offering is intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 2 amendments are on record for this CIK.

What is Grove Carbon Fund I LP's revenue?

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

Is this your offering?

Claim this profile to add contact information, team members, LinkedIn profiles, fund history, and additional financial data. EDGAR-sourced data and AltStreet analysis cannot be edited, but corrections can be requested for verifiable inaccuracies.

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.