Arete Tech Fund 23, L.P.
Arete Tech Fund 23, L.P. is a venture capital fund based in South Bend, Indiana. According to its most recent Form D, filed Nov 27, 2023, it has sold $1,840,000 of interests to 11 investors since its first sale in Nov 2023. The minimum investment it accepts from an outside investor is $35,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Arete Tech Fund 23 GP, LLC; Colin Howell.
- Total raised
- $1,840,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Nov 10, 2023
- Minimum investment
- $35,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Arete Tech Fund 23 GP, LLC; Colin Howell
- Latest Form D
- Nov 27, 2023
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 Arete Tech Fund 23, L.P.
What is the minimum investment for Arete Tech Fund 23, L.P.?
According to its latest Form D, filed Nov 27, 2023, the minimum investment Arete Tech Fund 23, L.P. accepts from an outside investor is $35,000.
Who can invest in Arete Tech Fund 23, L.P.?
Arete Tech Fund 23, L.P. is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Arete Tech Fund 23, L.P. raised?
Arete Tech Fund 23, L.P. reports $1,840,000 sold from 11 investors on its Form D filed Nov 27, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Arete Tech Fund 23, L.P. based?
Arete Tech Fund 23, L.P. is based in South Bend, Indiana.
When did Arete Tech Fund 23, L.P. launch?
Arete Tech Fund 23, L.P. reports its first sale in Nov 2023.
Size compared with every venture capital fund
Raised more than 60% of the 10 venture capital funds based in Indiana, and more than 70% of all 14,865 that report sales.