Blue Cloud Ventures III LP is a venture capital fund based in New York, New York. According to its most recent Form D, filed May 15, 2017, it has sold $52,576,000 of interests to 75 investors since its first sale in May 2017. The minimum investment it accepts from an outside investor is $1,000,000. 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 Blue Cloud Advisors III, LLC; Mir Arif; Blue Cloud Management, LLC.
- Total raised
- $52,576,000Cumulative sales reported on Form D
- Investors
- 75
- First sale
- May 3, 2017
- Minimum investment
- $1,000,000
- 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
- Blue Cloud Advisors III, LLC; Mir Arif; Blue Cloud Management, LLC
- Latest Form D
- May 15, 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 Blue Cloud Ventures III LP
What is the minimum investment for Blue Cloud Ventures III LP?
According to its latest Form D, filed May 15, 2017, the minimum investment Blue Cloud Ventures III LP accepts from an outside investor is $1,000,000.
Who can invest in Blue Cloud Ventures III LP?
Blue Cloud Ventures III LP 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 Blue Cloud Ventures III LP raised?
Blue Cloud Ventures III LP reports $52,576,000 sold from 75 investors on its Form D filed May 15, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Blue Cloud Ventures III LP based?
Blue Cloud Ventures III LP is based in New York, New York.
When did Blue Cloud Ventures III LP launch?
Blue Cloud Ventures III LP reports its first sale in May 2017.
Size compared with every venture capital fund
Raised more than 93% of the 1,234 venture capital funds based in New York, and more than 96% of all 14,840 that report sales.