Arc70 Fund III, LP is a private equity fund based in San Mateo, California. According to its most recent Form D, filed Sep 15, 2021, it has sold $550,000,000 of interests to 187 investors since its first sale in Mar 2021. The minimum investment it accepts from an outside investor is $50,000. 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 Arc70 Capital Fund III GP LLC; Adrian Garcia; Denny Hou.
- Total raised
- $550,000,000Cumulative sales reported on Form D
- Investors
- 187
- First sale
- Mar 1, 2021
- Minimum investment
- $50,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Arc70 Capital Fund III GP LLC; Adrian Garcia; Denny Hou
- Latest Form D
- Sep 15, 2021
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 Arc70 Fund III, LP
What is the minimum investment for Arc70 Fund III, LP?
According to its latest Form D, filed Sep 15, 2021, the minimum investment Arc70 Fund III, LP accepts from an outside investor is $50,000.
Who can invest in Arc70 Fund III, LP?
Arc70 Fund 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 Arc70 Fund III, LP raised?
Arc70 Fund III, LP reports $550,000,000 sold from 187 investors on its Form D filed Sep 15, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Arc70 Fund III, LP based?
Arc70 Fund III, LP is based in San Mateo, California.
When did Arc70 Fund III, LP launch?
Arc70 Fund III, LP reports its first sale in Mar 2021.
Size compared with every private equity fund
Raised more than 96% of the 1,747 private equity funds based in California, and more than 91% of all 8,950 that report sales.