American Discovery Fund, L.P.
American Discovery Fund, L.P. is a private investment fund based in Los Angeles, California. According to its most recent Form D, filed Jun 25, 2019, it has sold $56,835,000 of interests to 62 investors since its first sale in Dec 2017. 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 Laurent Degryse; John Joliet; Brian Webber.
- Total raised
- $56,835,000Cumulative sales reported on Form D
- Investors
- 62
- First sale
- Dec 21, 2017
- 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
- Laurent Degryse; John Joliet; Brian Webber
- Latest Form D
- Jun 25, 2019
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 |
|---|---|---|---|---|
| Jun 25, 2019 | Amendment | $56,835,000 | 62 | SEC.gov ↗ |
| May 31, 2018 | First notice | $26,700,818 | 25 | SEC.gov ↗ |
2 Form D filings in the SEC's electronic records (2008 onward), the earliest on May 31, 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 American Discovery Fund, L.P.
What is the minimum investment for American Discovery Fund, L.P.?
American Discovery Fund, L.P.'s latest Form D, filed Jun 25, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in American Discovery Fund, L.P.?
American Discovery Fund, L.P. 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 American Discovery Fund, L.P. raised?
American Discovery Fund, L.P. reports $56,835,000 sold from 62 investors on its Form D filed Jun 25, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is American Discovery Fund, L.P. based?
American Discovery Fund, L.P. is based in Los Angeles, California.
When did American Discovery Fund, L.P. launch?
American Discovery Fund, L.P. reports its first sale in Dec 2017.
Size compared with every private investment fund
Raised more than 77% of the 1,719 private investment funds based in California, and more than 64% of all 10,333 that report sales.