Activant Ventures III, LP is a private equity fund based in Greenwich, Connecticut. According to its most recent Form D, filed Apr 7, 2020, it has sold $256,705,000 of interests to 55 investors since its first sale in Dec 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 Neeta Singh; Steven Sarracino; Activant Ventures Advisors III, LLC.
- Total raised
- $256,705,000Cumulative sales reported on Form D
- Investors
- 55
- First sale
- Dec 5, 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
- Neeta Singh; Steven Sarracino; Activant Ventures Advisors III, LLC
- 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
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Apr 7, 2020 | Amendment | $256,705,000 | 55 | SEC.gov ↗ |
| Dec 13, 2019 | Amendment | $205,188,802 | 39 | SEC.gov ↗ |
| Mar 18, 2019 | Amendment | $115,345,710 | 23 | SEC.gov ↗ |
| Dec 4, 2018 | First notice | $0 | 0 | SEC.gov ↗ |
4 Form D filings in the SEC's electronic records (2008 onward), the earliest on Dec 4, 2018. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about Activant Ventures III, LP
What is the minimum investment for Activant Ventures III, LP?
Activant Ventures III, 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 Activant Ventures III, LP?
Activant Ventures III, 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 Activant Ventures III, LP raised?
Activant Ventures III, LP reports $256,705,000 sold from 55 investors on its Form D filed Apr 7, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Activant Ventures III, LP based?
Activant Ventures III, LP is based in Greenwich, Connecticut.
When did Activant Ventures III, LP launch?
Activant Ventures III, LP reports its first sale in Dec 2018.
Size compared with every private equity fund
Raised more than 85% of the 438 private equity funds based in Connecticut, and more than 84% of all 8,950 that report sales.