BroadRiver III, L.P. is a private investment fund based in New York, New York. According to its most recent Form D, filed Nov 15, 2017, it has sold $125,000,000 of interests to 6 investors since its first sale in Oct 2017. The minimum investment it accepts from an outside investor is $10,000,000. 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 Philip Siller; GP BroadRiver 2017 LP; Andrew Plevin.
- Total raised
- $125,000,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Oct 31, 2017
- Minimum investment
- $10,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Philip Siller; GP BroadRiver 2017 LP; Andrew Plevin
- Latest Form D
- Nov 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 BroadRiver III, L.P.
What is the minimum investment for BroadRiver III, L.P.?
According to its latest Form D, filed Nov 15, 2017, the minimum investment BroadRiver III, L.P. accepts from an outside investor is $10,000,000.
Who can invest in BroadRiver III, L.P.?
BroadRiver III, L.P. 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 BroadRiver III, L.P. raised?
BroadRiver III, L.P. reports $125,000,000 sold from 6 investors on its Form D filed Nov 15, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is BroadRiver III, L.P. based?
BroadRiver III, L.P. is based in New York, New York.
When did BroadRiver III, L.P. launch?
BroadRiver III, L.P. reports its first sale in Oct 2017.
Size compared with every private investment fund
Raised more than 73% of the 2,824 private investment funds based in New York, and more than 74% of all 10,270 that report sales.