AltMountain

3L Capital I, LP

Los Angeles, CA · CIK 1752387
Status: no Form D since Apr 2020. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

3L Capital I, LP is a venture capital fund based in Los Angeles, California. According to its most recent Form D, filed Apr 7, 2020, it has sold $211,570,000 of interests to 79 investors since its first sale in Oct 2018. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Jacob Kotzubei; 3L Capital Management, LLC; Shawn Colo.

Total raised
$211,570,000Cumulative sales reported on Form D
Investors
79
First sale
Oct 2, 2018
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Jacob Kotzubei; 3L Capital Management, LLC; Shawn Colo
Latest Form D
Apr 7, 2020

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 3L Capital I, LP

What is the minimum investment for 3L Capital I, LP?

3L Capital I, LP's latest Form D, filed Apr 7, 2020, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in 3L Capital I, LP?

3L Capital I, LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has 3L Capital I, LP raised?

3L Capital I, LP reports $211,570,000 sold from 79 investors on its Form D filed Apr 7, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is 3L Capital I, LP based?

3L Capital I, LP is based in Los Angeles, California.

When did 3L Capital I, LP launch?

3L Capital I, LP reports its first sale in Oct 2018.

Size compared with every venture capital fund

Raised more than 97% of the 2,227 venture capital funds based in California, and more than 99% of all 14,865 that report sales.

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