Backed Encore 1 LP is a venture capital fund based in St. Helier, Jersey. According to its most recent Form D, filed May 6, 2020, it has sold $435,304 of interests to 1 investor since its first sale in Mar 2020. The filing does not set a minimum investment. 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 Andre de Haes; Marc Harris; Gayle Swanson.
- Total raised
- $435,304Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Mar 20, 2020
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Andre de Haes; Marc Harris; Gayle Swanson
- Latest Form D
- May 6, 2020
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 Backed Encore 1 LP
What is the minimum investment for Backed Encore 1 LP?
Backed Encore 1 LP's latest Form D, filed May 6, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Backed Encore 1 LP?
Backed Encore 1 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 Backed Encore 1 LP raised?
Backed Encore 1 LP reports $435,304 sold from 1 investor on its Form D filed May 6, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Backed Encore 1 LP based?
Backed Encore 1 LP is based in St. Helier, Jersey.
When did Backed Encore 1 LP launch?
Backed Encore 1 LP reports its first sale in Mar 2020.
Size compared with every venture capital fund
Raised more than 64% of the 14 venture capital funds based in Jersey, and more than 46% of all 14,835 that report sales.