Benevolent Enterprise Ventures, LLC
Benevolent Enterprise Ventures, LLC is a private investment fund based in Pacific Palisades, California. According to its most recent Form D, filed Mar 12, 2021, it has sold $2,450,000 of interests to 36 investors since its first sale in Dec 2020. The minimum investment it accepts from an outside investor is $50,000. 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 Grant Johnson; Brett Johnson.
- Total raised
- $2,450,000Cumulative sales reported on Form D
- Investors
- 36
- First sale
- Dec 28, 2020
- Minimum investment
- $50,000
- 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
- Grant Johnson; Brett Johnson
- Latest Form D
- Mar 12, 2021
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 Benevolent Enterprise Ventures, LLC
What is the minimum investment for Benevolent Enterprise Ventures, LLC?
According to its latest Form D, filed Mar 12, 2021, the minimum investment Benevolent Enterprise Ventures, LLC accepts from an outside investor is $50,000.
Who can invest in Benevolent Enterprise Ventures, LLC?
Benevolent Enterprise Ventures, 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 Benevolent Enterprise Ventures, LLC raised?
Benevolent Enterprise Ventures, LLC reports $2,450,000 sold from 36 investors on its Form D filed Mar 12, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Benevolent Enterprise Ventures, LLC based?
Benevolent Enterprise Ventures, LLC is based in Pacific Palisades, California.
When did Benevolent Enterprise Ventures, LLC launch?
Benevolent Enterprise Ventures, LLC reports its first sale in Dec 2020.
Size compared with every private investment fund
Raised more than 43% of the 1,717 private investment funds based in California, and more than 23% of all 10,287 that report sales.