BCV III Opportunity LLC is a venture capital fund based in New York, New York. According to its most recent Form D, filed Aug 17, 2018, it has sold $3,950,000 of interests to 14 investors since its first sale in Aug 2018. The filing does not set a minimum investment. 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 Blue Cloud Management LLC; Rami Rahal; Mir Arif.
- Total raised
- $3,950,000Cumulative sales reported on Form D
- Investors
- 14
- First sale
- Aug 3, 2018
- Minimum investment
- None set
- 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
- Blue Cloud Management LLC; Rami Rahal; Mir Arif
- Latest Form D
- Aug 17, 2018
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 BCV III Opportunity LLC
What is the minimum investment for BCV III Opportunity LLC?
BCV III Opportunity LLC's latest Form D, filed Aug 17, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in BCV III Opportunity LLC?
BCV III Opportunity LLC 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 BCV III Opportunity LLC raised?
BCV III Opportunity LLC reports $3,950,000 sold from 14 investors on its Form D filed Aug 17, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is BCV III Opportunity LLC based?
BCV III Opportunity LLC is based in New York, New York.
When did BCV III Opportunity LLC launch?
BCV III Opportunity LLC reports its first sale in Aug 2018.
Size compared with every venture capital fund
Raised more than 64% of the 1,237 venture capital funds based in New York, and more than 79% of all 14,875 that report sales.