BDS Mercury LLC
BDS Mercury LLC is a venture capital fund based in Jericho, New York. According to its most recent Form D, filed Nov 13, 2017, it has sold $16,200,000 of interests to 10 investors since its first sale in Nov 2017. 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 Brian Rubenstein.
- Total raised
- $16,200,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Nov 3, 2017
- 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
- Brian Rubenstein
- Latest Form D
- Nov 13, 2017
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 BDS Mercury LLC
What is the minimum investment for BDS Mercury LLC?
BDS Mercury LLC's latest Form D, filed Nov 13, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in BDS Mercury LLC?
BDS Mercury 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 BDS Mercury LLC raised?
BDS Mercury LLC reports $16,200,000 sold from 10 investors on its Form D filed Nov 13, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is BDS Mercury LLC based?
BDS Mercury LLC is based in Jericho, New York.
When did BDS Mercury LLC launch?
BDS Mercury LLC reports its first sale in Nov 2017.
Size compared with every venture capital fund
Raised more than 83% of the 1,227 venture capital funds based in New York, and more than 91% of all 14,800 that report sales.