Arc Net LP
Arc Net LP is a venture capital fund based in Hollywood, Florida. According to its most recent Form D, filed Dec 26, 2019, it has sold $940,000 of interests to 10 investors since its first sale in Apr 2018. The minimum investment it accepts from an outside investor is $25,000. 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 Kevin Cardenas.
- Total raised
- $940,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Apr 23, 2018
- Minimum investment
- $25,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Kevin Cardenas
- Latest Form D
- Dec 26, 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
Questions about Arc Net LP
What is the minimum investment for Arc Net LP?
According to its latest Form D, filed Dec 26, 2019, the minimum investment Arc Net LP accepts from an outside investor is $25,000.
Who can invest in Arc Net LP?
Arc Net 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 Arc Net LP raised?
Arc Net LP reports $940,000 sold from 10 investors on its Form D filed Dec 26, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Arc Net LP based?
Arc Net LP is based in Hollywood, Florida.
When did Arc Net LP launch?
Arc Net LP reports its first sale in Apr 2018.
Size compared with every venture capital fund
Raised more than 48% of the 562 venture capital funds based in Florida, and more than 59% of all 14,800 that report sales.