Berkeley Ventures I, LLC
Berkeley Ventures I, LLC is a private equity fund based in Milton, Georgia. According to its most recent Form D, filed Feb 2, 2024, it has sold $6,391,376 of interests to 55 investors since its first sale in Jul 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 Anthony Palazzo; PEN Equity I, LLC.
- Total raised
- $6,391,376Cumulative sales reported on Form D
- Investors
- 55
- First sale
- Jul 20, 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
- Anthony Palazzo; PEN Equity I, LLC
- Latest Form D
- Feb 2, 2024
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 Berkeley Ventures I, LLC
What is the minimum investment for Berkeley Ventures I, LLC?
Berkeley Ventures I, LLC's latest Form D, filed Feb 2, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Berkeley Ventures I, LLC?
Berkeley Ventures I, 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 Berkeley Ventures I, LLC raised?
Berkeley Ventures I, LLC reports $6,391,376 sold from 55 investors on its Form D filed Feb 2, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Berkeley Ventures I, LLC based?
Berkeley Ventures I, LLC is based in Milton, Georgia.
When did Berkeley Ventures I, LLC launch?
Berkeley Ventures I, LLC reports its first sale in Jul 2017.
Size compared with every private equity fund
Raised more than 48% of the 123 private equity funds based in Georgia, and more than 38% of all 8,896 that report sales.