INDEPENDENT VERDICT
Alexander Capital Ventures LLC is not best understood as one conventional venture fund. Its SEC history shows a repeat transaction-by-transaction capital-formation platform operating under the same Delaware issuer and CIK 0001682558, with separate Form D notices used for individual pooled investment offerings. That structure became especially visible on September 14, 2026, when Alexander Capital Ventures filed six separate Form D notices within roughly 27 minutes, each under Rule 506(b) and Section 3(c)(1), with stated offering amounts of $5,587,500, $14,020,512, $5,917,472, $7,163,914 and two separate filings of $6,031,000. The arithmetic total of those six filing amounts is approximately $44.75 million, but because the two $6.031 million filings are separate accessions with identical amounts, that number should be treated only as a filing-level aggregate until the underlying investments are identified. The distinctive story is therefore a serial pre-IPO SPV model: Alexander forms or uses pooled vehicles around individual private-company opportunities, distributes them through affiliated broker-dealer Alexander Capital, L.P., and repeatedly files under one long-standing issuer identity rather than creating a new CIK for every opportunity.
Alexander Capital Ventures was formed in Delaware in 2016 and has filed Form D notices for years under the same CIK. Its address history also traces the evolution of the platform: earlier filings used Colts Neck, New Jersey; later filings used New York's 17 State Street and a Tampa address; by 2025–2026 the issuer and its affiliated broker-dealer had consolidated around 10 Drs James Parker Boulevard, Suite 202, Red Bank, New Jersey. Jonathan Gazdak has remained the recurring executive and Form D signer throughout that history. SEC records from 2021 already show Alexander Capital Ventures offering pooled investment fund interests with a $10,000 minimum, while later offerings commonly moved to $25,000 minimums. In February 2022, one ACV offering reported $19,526,900 sold and used Arive Capital Markets and Network 1 Financial Securities as sales-compensation recipients; by 2024 and 2025, Alexander Capital, L.P. itself appears directly as the recurring distribution firm. That progression shows that ACV's current affiliated-distribution model developed out of an older multi-broker private-placement structure rather than appearing for the first time in 2026.
The September 2026 filing burst is the clearest evidence that Alexander's "funds" function more like deal-specific pooled vehicles than a single blind-pool venture portfolio. One of the six filings, accession 0001682558-26-000013, reports a $14,020,512 offering that was fully sold to 93 investors, with a $25,000 minimum and a July 28 first sale. Alexander Capital, L.P. is named as the placement recipient and approximately $1,049,392 of sales compensation is disclosed. That compensation equals roughly 7.5% of the offering amount, making distribution economics a material part of the investor analysis rather than a minor filing footnote. The other same-day filings show similarly precise, non-round offering sizes—$5.5875 million, $5.917472 million and $7.163914 million—which are more consistent with transaction-specific allocation pools than with conventional round-number fund targets. The fact that all six were filed under the same CIK, same Red Bank office, same Jonathan Gazdak management chain and same Alexander Capital, L.P. distribution relationship reinforces the view that these are serial pooled access vehicles built around individual private-company opportunities.
The official website explains what sits behind that filing pattern. Alexander Capital Ventures describes its business as giving high-net-worth and accredited investors access to late-stage and pre-IPO growth companies. It explicitly states that Alexander Capital Ventures itself does not sell investments directly to the public; investors must participate through a licensed broker-dealer and are referred to registered representatives of affiliate Alexander Capital, L.P. The website also says Alexander has created funds that held shares in companies before IPO and identifies its model as indirect exposure through pooled funds. This is unusually consistent with the SEC record: Form D repeatedly names Alexander Capital, L.P., CRD 40077, as sales-compensation recipient. FINRA BrokerCheck separately confirms Alexander Capital, L.P. is an SEC-registered brokerage firm, FINRA member and SIPC member headquartered at the same Red Bank address, with CRD 40077 and SEC number 8-48957. That same FINRA report also shows six regulatory events and one arbitration disclosure at the firm level. Those disclosures do not establish wrongdoing in ACV's current funds, but they are part of the relevant broker-dealer diligence record and should not be omitted from a research-grade review.
The investment side is also more concrete than the Form D names reveal. ACV's own website says its clients participated in pre-IPO placements and highlights companies including Airbnb and Touchcast; the site carries a testimonial from Touchcast founder and CEO Edo Segal stating that ACV provided working capital and supported the company through a successful exit. Independent private-market databases associate Alexander Capital Ventures with private-company exposures including xAI, Epic Games, Kraken, Databricks, Revolut, Neuralink, Agility Robotics, Anthropic, Flexport, SandboxAQ, Cohere Health, Zocdoc and Touchcast. Forge's historical financing data independently identifies Alexander Capital Ventures as an investor in Touchcast's February 2021 Series A financing alongside Accenture Ventures, Ronald Lauder and Saatchi Invest. These third-party records materially strengthen the claim that ACV has participated in actual private-company transactions, but they do not prove that every company shown on the website corresponds to a specific September 2026 Form D. ACV does not publicly map each Form D accession to its underlying portfolio company, which is one of the biggest transparency gaps in the platform.
There is another important regulatory distinction between Alexander Capital Ventures and Alexander Capital Ventures Management. IAPD lists Alexander Capital Ventures Management, LLC under CRD 306957 / SEC file 802-118256 as an Exempt Reporting Adviser rather than a fully SEC-registered investment adviser. The IAPD record also carries the alternate name Alexander Capital Ventures, LLC. That means the platform has an adviser-level regulatory footprint, but it should not be described as an SEC-registered investment adviser in the ordinary sense. This distinction matters because investors encounter three related layers: Alexander Capital Ventures as the pooled-fund issuer/platform, Alexander Capital Ventures Management as an ERA, and Alexander Capital, L.P. as the FINRA broker-dealer distributing the securities. A research-grade review has to keep those roles separate instead of collapsing them into one "SEC registered" label.
SEC / PLATFORM SNAPSHOT
Issuer: Alexander Capital Ventures LLC
CIK: 0001682558
Jurisdiction: Delaware
Formation: 2016
Current Principal Address: 10 Drs James Parker Blvd Suite 202 Red Bank, New Jersey 07701
Phone: 646-564-9046
Recurring Executive: Jonathan Gazdak
Current Business Model: Deal-specific pooled investment vehicles providing access to late-stage and pre-IPO private companies
Primary Exemption: Rule 506(b)
Common Investment Company Act Exclusion: Section 3(c)(1)
Security Type: Pooled Investment Fund Interests
Affiliated Broker-Dealer: Alexander Capital, L.P.
Broker-Dealer CRD: 40077
Broker-Dealer SEC No.: 8-48957
Investment Adviser Entity: Alexander Capital Ventures Management, LLC
Adviser CRD: 306957
SEC File: 802-118256
Adviser Status: Exempt Reporting Adviser Not currently SEC-registered as an investment adviser
SEPTEMBER 14, 2026 FILING CLUSTER
Accession: 0001682558-26-000012 Stated Offering Amount: $5,587,500 Exemption: Rule 506(b) Industry: Other Banking & Financial Services Security: Pooled Investment Fund Sales Compensation: Alexander Capital, L.P.
Accession: 0001682558-26-000013 Stated Offering Amount: $14,020,512 First Sale: July 28, 2026 Amount Sold: $14,020,512 Investors: 93 Minimum: $25,000 Placement Compensation: $1,049,392 Sales Compensation Recipient: Alexander Capital, L.P.
Accession: 0001682558-26-000014 Stated Offering Amount: $5,917,472 Exemption: Rule 506(b) Sales Compensation Recipient: Alexander Capital, L.P.
Accession: 0001682558-26-000015 Stated Offering Amount: $7,163,914 Exemption: Rule 506(b) Sales Compensation Recipient: Alexander Capital, L.P.
Accession: 0001682558-26-000016 Stated Offering Amount: $6,031,000 Exemption: Rule 506(b) Sales Compensation Recipient: Alexander Capital, L.P.
Accession: 0001682558-26-000017 Stated Offering Amount: $6,031,000 Exemption: Rule 506(b) Sales Compensation Recipient: Alexander Capital, L.P.
Time Span Across Six Filings: Approximately 27 minutes
Arithmetic Total of Stated Offering Amounts: Approximately $44,751,398
Important Qualification: This is an arithmetic sum of six separate filing amounts, not a verified consolidated fund NAV or unique capital total. The two separate $6.031 million filings require underlying-deal identification before assuming they represent different economic exposures.
HISTORICAL FORM D EVIDENCE
2021: Alexander Capital Ventures already filing pooled investment vehicles Minimum investment in one filing: $10,000 Sales recipient: Alexander Capital, L.P.
February 2022 Offering: Offering amount / amount sold: $19,526,900 First sale: February 16, 2022 Sales recipients included: Arive Capital Markets Network 1 Financial Securities
November 2023 / January 2024 Filing: Offering / amount sold: $3,193,900 Sales recipient: Alexander Capital, L.P. CRD 40077
April 2025 Filing: Offering / amount sold: $3,375,575 First sale: April 15, 2025 Sales recipient: Alexander Capital, L.P. CRD 40077
Research Interpretation: ACV has used serial pooled vehicles for multiple years rather than operating only one evergreen venture fund.
DISTRIBUTION ECONOMICS
September 2026 $14.02M Vehicle: Amount Raised: $14,020,512
Investors: 93
Minimum: $25,000
Reported Placement Compensation: $1,049,392
Implied Compensation as Percentage of Offering: Approximately 7.5%
Distribution Firm: Alexander Capital, L.P.
Research Significance: Placement costs can materially affect the economics of a deal-specific pre-IPO vehicle and should be reviewed alongside fund-level management fees, carried interest and any underlying share-price markup.
BROKER-DEALER VERIFICATION
Alexander Capital, L.P. CRD: 40077
SEC: 8-48957
FINRA Status: Registered
SIPC: Member per official ACV disclosures
Headquarters: 10 Drs James Parker Blvd Suite 202 Red Bank, NJ 07701
Current Suspension: FINRA report says no
FINRA Firm-Level Disclosures: 6 regulatory events 1 arbitration disclosure
Important Qualification: Firm-level historical disclosures are not proof of misconduct in any specific Alexander Capital Ventures fund.
ADVISER VERIFICATION
Alexander Capital Ventures Management, LLC
CRD: 306957
SEC File: 802-118256
Current Status: Exempt Reporting Adviser
Alternate Name: Alexander Capital Ventures, LLC
Important Distinction: An Exempt Reporting Adviser is not the same as a fully SEC-registered investment adviser.
WEBSITE / OPERATING MODEL
Official Domain: alexandercapitalvm.com
Official Strategy: Late-stage venture Pre-IPO growth companies Private-company access for high-net-worth and accredited investors
Direct Public Sales by ACV: No
Official Distribution Statement: Investments in ACV funds must be made through a licensed broker-dealer
Primary Affiliated Distribution Firm: Alexander Capital, L.P.
Website Address: Matches current SEC / FINRA Red Bank address
Website Phone: Matches SEC issuer phone
Jonathan Gazdak: Managing Director Head of Investment Banking in official website biography
PORTFOLIO / TRANSACTION EVIDENCE
Official Website Examples: Airbnb Touchcast
Independent Private-Market Databases Associate ACV With: xAI Epic Games Kraken Databricks Revolut Neuralink Agility Robotics Anthropic Flexport SandboxAQ Cohere Health Zocdoc Touchcast
Independent Touchcast Cross-Check: Forge records Alexander Capital Ventures as an investor in Touchcast's February 2021 financing alongside Accenture Ventures and other investors.
Important Qualification: Public records do not currently map each September 2026 ACV Form D accession to one specific underlying company.
THE KEY STRUCTURAL ISSUE
Alexander Capital Ventures repeatedly uses: The same issuer name The same CIK The same executive The same broker-dealer affiliate
But files: Multiple separate Form D notices Different exact offering amounts Different investor pools Different first-sale dates Separate sales-compensation amounts
Research Interpretation: The evidence is consistent with serial deal-specific pooled investment vehicles used to acquire or hold interests in different private companies.
Not Yet Publicly Confirmed: Which September 2026 accession corresponds to which private company Whether two equal $6.031M filings represent separate portfolio companies Whether each fund owns shares directly or through another SPV Whether investors receive identical economic terms across each deal
INDEPENDENT ASSESSMENT
Alexander Capital Ventures has a substantially stronger public verification trail than a newly created anonymous SPV. The issuer has a decade-long legal history, repeated SEC filings, a current operating website, a verified affiliated FINRA broker-dealer, an exempt-reporting-adviser entity, a consistent Jonathan Gazdak management chain and independently documented participation in at least some private-company transactions. The strongest evidence is not any single website claim; it is the way the SEC, FINRA, IAPD, ACV's own disclosures and third-party transaction records converge around the same operating platform.
At the same time, ACV's serial-SPV model creates a different diligence problem from a traditional venture fund. Investors must evaluate each pooled vehicle separately because the underlying company, acquisition price, share class, transfer restrictions, broker compensation and total fee load can vary from transaction to transaction. The six September 14 filings illustrate that point clearly: six offerings under the same issuer appeared within minutes of one another, but the public Form D records do not name the underlying private companies. The $14.02 million vehicle alone reports more than $1 million of placement compensation, demonstrating that distribution cost can be economically significant. A credible investor review should therefore reconcile the fund subscription price with the underlying company's contemporaneous financing or secondary-market price, identify every layer of broker and management compensation, confirm title to the private shares, and determine how exit proceeds are distributed after an IPO, acquisition or secondary sale.
Form D confirms exempt securities offerings; it does not mean the SEC has approved Alexander Capital Ventures, the broker-dealer, the adviser, any underlying private company or the valuation at which shares are purchased.