--- title: "Sandton entities and Linqto’s DIP lender" language: en canonical: https://osint.v3rta.com/dossiers/linqto/sandton/ as_of: 2026-10-09 keywords: ["Linqto","Liquidshares","Linqto Capital","private market investments","series interests","Chapter 11","customer recovery plan","Sandton financing","Forge trustee dispute","corporate governance","securities proceedings"] --- # Sandton entities and Linqto’s DIP lender - Jurisdiction: KY (KY) - Company register: 2102284 (Registration authority RA000087 (Cayman Islands)) - LEI: 254900TLHT6DPW6S5E29 **Question.** Which Sandton entity lent to the debtors? **Answer.** Master Fund VI is the named DIP lender. The adviser, offshore issuer, co-invest fund and general partner have distinct identifiers and capacities. ## The named lender - Analysis: The lending party named in the financing and settlement records is Sandton Capital Solutions Master Fund VI, LP. Its October 9, 2026 GLEIF record identifies a Cayman private fund created March 28, 2024, registration 2102284 and LEI 254900TLHT6DPW6S5E29. The LEI belongs to this fund, rather than Sandton Capital Partners. Care-of addresses at Intertrust and Sandton Capital Partners do not independently prove management or ownership; the retained API response links to a separate fund-manager endpoint without retaining its content. [s-d2] [s-d61] - Analysis: The earlier financing contemplated a $60 million commitment, with $10 million initially available. The September 2025 settlement introduced borrowing up to $25 million and different collateral treatment; the later confirmed-plan definition uses that ceiling. Its printed September 25, 2024 agreement year conflicts with the 2025 financing chronology and is retained as an inconsistency, rather than converted into a genuine 2024 DIP transaction. Detailed borrower, collateral and repayment terms have their own relationship page. [s-d70] [s-d144] ## Distinct adviser and investment vehicles - Analysis: Sandton Capital Partners' adviser filing identifies a separate registered adviser. Offshore Fund VI's Form D and the Co-Invest disclosure concern different legal entities. Co-Invest is reported as Cayman-organized with private-fund identification number 805-4762706389. Missing pages 85–93 of the retained adviser extraction prevent equating Co-Invest, the series general partner and the separately named DIP lender. A literal SEC name-search omission is not proof that a fund does not exist. [s-d106] [s-d18] [s-d113] [s-d114] [s-d115] - Attributed: Sandton Capital Partners' April 17, 2026 Form ADV identifies a registered investment adviser, CRD 160364 and SEC 801-73961, at 16 West 46th Street in New York; this identifies the adviser separately from the DIP lending fund. [s-d106] [s-d18] - Qualification: The adviser and offshore issuer are distinct from the master DIP lender; a shared address does not make them interchangeable. - Unresolved: The retained SEC name-search results for Sandton Capital Solutions show three onshore or offshore fund entries but no entry under the exact Master Fund VI lender name; the search does not establish that no filing exists. [s-d113] - Qualification: Literal name-search nonappearance is a search limitation, not proof of nonexistence or wrongdoing. - Analysis: Dimitri Korvyakov signed Offshore Fund VI's March 25, 2024 Form D as CFO of its investment manager. That filing capacity does not assign him ownership of the issuer or lending fund, and the offshore offering amount is not the size of Linqto's DIP facility. [s-d115] [s-d113] ## Sources - [s-d2] Court record source · s-d2 - [s-d61] GLEIF LEI record: Sandton Capital Solutions Master Fund VI, LP, Global Legal Entity Identifier Foundation - [s-d70] Court record source · s-d70 - [s-d144] Court record source · s-d144 - [s-d106] Sandton Capital Partners Form ADV, CRD 160364, U.S. Securities and Exchange Commission IAPD, 2026-04-17 - [s-d18] Court record source · s-d18 - [s-d113] SEC EDGAR company-name search: Sandton Capital Solutions, U.S. Securities and Exchange Commission EDGAR, 2026-10-09 - [s-d114] SEC EDGAR issuer record: Sandton Capital Solutions Offshore Fund VI, LP, U.S. Securities and Exchange Commission EDGAR, 2026-10-09 - [s-d115] Sandton Capital Solutions Offshore Fund VI Form D, 2024, U.S. Securities and Exchange Commission EDGAR, 2024-03-25