AltMountain

Asmaan Ventures IB, LP

Salt Lake City, UT · CIK 1887122
Status: no Form D since Jan 2022. 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 IB, LP is a venture capital fund based in Salt Lake City, Utah. According to its most recent Form D, filed Jan 13, 2022, it has sold $22,513,174 of interests to 19 investors since its first sale in Dec 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 LLC Asmaan Ventures GP IB.

Total raised
$22,513,174Cumulative sales reported on Form D
Investors
19
First sale
Dec 13, 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
LLC Asmaan Ventures GP IB
Latest Form D
Jan 13, 2022

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 IB, LP

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

According to its latest Form D, filed Jan 13, 2022, the minimum investment Asmaan Ventures IB, LP accepts from an outside investor is $100,000.

Who can invest in Asmaan Ventures IB, LP?

Asmaan Ventures IB, 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 IB, LP raised?

Asmaan Ventures IB, LP reports $22,513,174 sold from 19 investors on its Form D filed Jan 13, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Asmaan Ventures IB, LP based?

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

When did Asmaan Ventures IB, LP launch?

Asmaan Ventures IB, LP reports its first sale in Dec 2021.

Size compared with every venture capital fund

Raised more than 77% of the 115 venture capital funds based in Utah, and more than 93% of all 14,829 that report sales.

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