AltMountain

Beenext Emerging Asia LP

Offshore
Status: no Form D since Nov 2019. 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.

Beenext Emerging Asia LP is a venture capital fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Nov 8, 2019, it has sold $8,000,000 of interests to 1 investor since its first sale in Oct 2019. 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 Teruhide Sato; BEENEXT Emerging Asia GP; BEENEXT Capital Management Pte. Ltd.

Total raised
$8,000,000Cumulative sales reported on Form D
Investors
1
First sale
Oct 30, 2019
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
Teruhide Sato; BEENEXT Emerging Asia GP; BEENEXT Capital Management Pte. Ltd
Latest Form D
Nov 8, 2019

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 Beenext Emerging Asia LP

What is the minimum investment for Beenext Emerging Asia LP?

Beenext Emerging Asia LP's latest Form D, filed Nov 8, 2019, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Beenext Emerging Asia LP?

Beenext Emerging Asia 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 Beenext Emerging Asia LP raised?

Beenext Emerging Asia LP reports $8,000,000 sold from 1 investor on its Form D filed Nov 8, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Beenext Emerging Asia LP based?

Beenext Emerging Asia LP is based in Grand Cayman, Cayman Islands.

When did Beenext Emerging Asia LP launch?

Beenext Emerging Asia LP reports its first sale in Oct 2019.

Size compared with every venture capital fund

Raised more than 65% of the 75 venture capital funds based in Cayman Islands, and more than 86% of all 14,865 that report sales.

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