97
Black Saddle NAV Solutions Fund I LP files a $150M other fund fund
New fund · Other fund · Raising · Offering $150M · Sold $14.9M · DALLAS, TX · filed 2025-12-17
3(c)(7) — qualified purchasersFirst filing by this entityFirst-time manager
50
Black Saddle NAV Solutions Fund I raises $23M of $100M target in Dallas
Fund raise update · Other fund · Raising · DALLAS, TX · Form D/A filed 2026-10-06 · sponsor: Black Saddle Capital Partners · all Black Saddle Nav vehicles
Black Saddle NAV Solutions Fund I LP, a Delaware limited partnership formed in 2025, is raising $100M under Regulation D exemptions 3(c)(7) and 6(b) for an other investment fund strategy. The fund has sold $23M to 10 investors since November 2025 and remains open for $77M.
3(c)(7) — qualified purchasersCapital closing nowother
How this compares
- $100M is larger than 90% of the 1,758 other fund fund launches with a stated size in the last two years; the median is $5M.
- Among 1,311 fund launches filed from TX in the same window it is larger than 93%; the TX median is $4M.
- Across 242 other fund sponsors with more than one launch on EDGAR, the median gap between consecutive funds is 4 months.
- This is the sponsor's 2nd fund launch on EDGAR; the previous one, Black Saddle NAV Solutions Fund I LP, was filed 10 months earlier at $150M.
Computed from every Form D fund launch on EDGAR since late 2024, not sampled. Amounts are the stated offering size; indefinite offerings are excluded.
Raise progress
Sold rose from $14.9M to $23M (+$8.1M, +3 investors) in 293 days since the previous filing.
| Filed | Form | Sold | Investors | Change |
|---|---|---|---|---|
| 2025-12-17 | D | $14.9M | 7 | |
| 2026-10-06 | D/A | $23M | 10 | +$8.1M |
Amount sold and investor count as restated on each of the issuer's Form D filings. A rise since the previous filing is capital closed in between.
Black Saddle Capital Partners on EDGAR
Earlier and related filings by the same issuer and sponsor. All Black Saddle Nav vehicles →
Registered adviser
name matchBLACK SADDLE CAPITAL PARTNERS LLC
- Registration
- exempt reporting adviser · since 2021-10-18
- Private funds on Form ADV
- Yes
- Office
- Dallas, TX
Website and main-office phone from Form ADV. Subscribe to unlock
Incumbent service providers
Schedule D for this adviser has not been read yet; it is queued.
People on the filing
| n/a Black Saddle NAV Fund I GP LLC | Director, Promoter |
| n/a Black Saddle Capital Partners LLC | Executive Officer, Promoter |
| Daniel Gillespie | Executive Officer, Promoter |
| Thomas Keegan | Executive Officer, Promoter |
| Thomas Adamek | Executive Officer, Promoter |
[email protected] · observed Work emails for the people on the filing, where the firm publishes or patterns them, labelled by confidence — subscribers
Signed by Daniel Gillespie, Manager of General Partner.
Why now — by persona
- Fund administrator:A concrete reason to call this issuer this week, citing the filing. Subscribe to unlock
- Fund audit & tax:A concrete reason to call this issuer this week, citing the filing. Subscribe to unlock
Filing contact
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