Birchmere Ventures 5 LP
Birchmere Ventures 5 LP is a venture capital fund based in Pittsburgh, Pennsylvania. According to its most recent Form D, filed May 8, 2015, it has sold $25,550,000 of interests to 15 investors since its first sale in May 2015. 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 Birchmere Holdings LLC; Bv5gp LP; Sean Ammirati.
- Total raised
- $25,550,000Cumulative sales reported on Form D
- Investors
- 15
- First sale
- May 8, 2015
- 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
- Birchmere Holdings LLC; Bv5gp LP; Sean Ammirati
- Latest Form D
- May 8, 2015
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 Birchmere Ventures 5 LP
What is the minimum investment for Birchmere Ventures 5 LP?
Birchmere Ventures 5 LP's latest Form D, filed May 8, 2015, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Birchmere Ventures 5 LP?
Birchmere Ventures 5 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 Birchmere Ventures 5 LP raised?
Birchmere Ventures 5 LP reports $25,550,000 sold from 15 investors on its Form D filed May 8, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Birchmere Ventures 5 LP based?
Birchmere Ventures 5 LP is based in Pittsburgh, Pennsylvania.
When did Birchmere Ventures 5 LP launch?
Birchmere Ventures 5 LP reports its first sale in May 2015.
Size compared with every venture capital fund
Raised more than 91% of the 76 venture capital funds based in Pennsylvania, and more than 93% of all 14,800 that report sales.