AltMountain

Asmaan Ventures I, LP

Salt Lake City, UT · CIK 1861805
Status: no Form D since Oct 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Asmaan Ventures I, LP is a venture capital fund based in Salt Lake City, Utah. According to its most recent Form D, filed Oct 12, 2021, it has sold $153,814,860 of interests to 97 investors since its first sale in Jun 2021. The minimum investment it accepts from an outside investor is $100,000. 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 Asmaan Ventures, LLC.

Total raised
$153,814,860Cumulative sales reported on Form D
Investors
97
First sale
Jun 1, 2021
Minimum investment
$100,000
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
Asmaan Ventures, LLC
Latest Form D
Oct 12, 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 Asmaan Ventures I, LP

What is the minimum investment for Asmaan Ventures I, LP?

According to its latest Form D, filed Oct 12, 2021, the minimum investment Asmaan Ventures I, LP accepts from an outside investor is $100,000.

Who can invest in Asmaan Ventures I, LP?

Asmaan Ventures I, LP 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 Asmaan Ventures I, LP raised?

Asmaan Ventures I, LP reports $153,814,860 sold from 97 investors on its Form D filed Oct 12, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Asmaan Ventures I, LP based?

Asmaan Ventures I, LP is based in Salt Lake City, Utah.

When did Asmaan Ventures I, LP launch?

Asmaan Ventures I, LP reports its first sale in Jun 2021.

Size compared with every venture capital fund

Raised more than 97% of the 117 venture capital funds based in Utah, and more than 99% of all 14,865 that report sales.

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