Breakthrough Energy Ventures, LLC is a private equity fund based in Menlo Park, California. According to its most recent Form D, filed Jun 1, 2018, it has sold $1,095,000,000 of interests to 24 investors since its first sale in Dec 2016. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Rodi Guidero; William Gates III; Louis Doerr.
- Total raised
- $1,095,000,000Cumulative sales reported on Form D
- Investors
- 24
- First sale
- Dec 11, 2016
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Rodi Guidero; William Gates III; Louis Doerr
- Latest Form D
- Jun 1, 2018
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 Breakthrough Energy Ventures, LLC
What is the minimum investment for Breakthrough Energy Ventures, LLC?
Breakthrough Energy Ventures, LLC's latest Form D, filed Jun 1, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Breakthrough Energy Ventures, LLC?
Breakthrough Energy Ventures, LLC 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Breakthrough Energy Ventures, LLC raised?
Breakthrough Energy Ventures, LLC reports $1,095,000,000 sold from 24 investors on its Form D filed Jun 1, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Breakthrough Energy Ventures, LLC based?
Breakthrough Energy Ventures, LLC is based in Menlo Park, California.
When did Breakthrough Energy Ventures, LLC launch?
Breakthrough Energy Ventures, LLC reports its first sale in Dec 2016.
Size compared with every private equity fund
Raised more than 98% of the 1,747 private equity funds based in California, and more than 95% of all 8,950 that report sales.