Broadoak Capital 2018b, LLC is a venture capital fund based in Bethesda, Maryland. According to its most recent Form D, filed Sep 10, 2021, it has sold $11,155,000 of interests to 37 investors since its first sale in Feb 2018. 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 Bill Snider; BroadOak Asset Management, LLC.
- Total raised
- $11,155,000Cumulative sales reported on Form D
- Investors
- 37
- First sale
- Feb 28, 2018
- 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
- Bill Snider; BroadOak Asset Management, LLC
- Latest Form D
- Sep 10, 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 Broadoak Capital 2018b, LLC
What is the minimum investment for Broadoak Capital 2018b, LLC?
Broadoak Capital 2018b, LLC's latest Form D, filed Sep 10, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Broadoak Capital 2018b, LLC?
Broadoak Capital 2018b, 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 Broadoak Capital 2018b, LLC raised?
Broadoak Capital 2018b, LLC reports $11,155,000 sold from 37 investors on its Form D filed Sep 10, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Broadoak Capital 2018b, LLC based?
Broadoak Capital 2018b, LLC is based in Bethesda, Maryland.
When did Broadoak Capital 2018b, LLC launch?
Broadoak Capital 2018b, LLC reports its first sale in Feb 2018.
Size compared with every venture capital fund
Raised more than 88% of the 88 venture capital funds based in Maryland, and more than 89% of all 14,865 that report sales.