BT Select Fund IV, LP is a private equity fund based in Dallas, Texas. According to its most recent Form D, filed Sep 29, 2025, it has sold $1,587,176 of interests to 11 investors since its first sale in Aug 2022. The minimum investment it accepts from an outside investor is $1,000,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Pratik Sharma; Chun Yi George BT Select Fund IV GP LLC; Jackson Su.
- Total raised
- $1,587,176Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Aug 31, 2022
- Minimum investment
- $1,000,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Pratik Sharma; Chun Yi George BT Select Fund IV GP LLC; Jackson Su
- Latest Form D
- Sep 29, 2025
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about BT Select Fund IV, LP
What is the minimum investment for BT Select Fund IV, LP?
According to its latest Form D, filed Sep 29, 2025, the minimum investment BT Select Fund IV, LP accepts from an outside investor is $1,000,000.
Who can invest in BT Select Fund IV, LP?
BT Select Fund IV, LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has BT Select Fund IV, LP raised?
BT Select Fund IV, LP reports $1,587,176 sold from 11 investors on its Form D filed Sep 29, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is BT Select Fund IV, LP based?
BT Select Fund IV, LP is based in Dallas, Texas.
When did BT Select Fund IV, LP launch?
BT Select Fund IV, LP reports its first sale in Aug 2022, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private equity fund
Raised more than 52% of the 1,472 private equity funds based in Texas, and more than 24% of all 9,142 that report sales.