BT Select Fund III, LP is a private equity fund based in Dallas, Texas. According to its most recent Form D, filed Mar 2, 2021, it has sold $1,000,000 of interests since its first sale in Feb 2020. 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 Pratik Sharma; Chun Yi George Huang; Bridge Tower Capital LLC.
- Total raised
- $1,000,000Cumulative sales reported on Form D
- Investors
- 0
- First sale
- Feb 28, 2020
- 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
- Pratik Sharma; Chun Yi George Huang; Bridge Tower Capital LLC
- Latest Form D
- Mar 2, 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 BT Select Fund III, LP
What is the minimum investment for BT Select Fund III, LP?
According to its latest Form D, filed Mar 2, 2021, the minimum investment BT Select Fund III, LP accepts from an outside investor is $1,000,000.
Who can invest in BT Select Fund III, LP?
BT Select Fund 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 BT Select Fund III, LP raised?
BT Select Fund III, LP reports $1,000,000 sold on its Form D filed Mar 2, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is BT Select Fund III, LP based?
BT Select Fund III, LP is based in Dallas, Texas.
When did BT Select Fund III, LP launch?
BT Select Fund III, LP reports its first sale in Feb 2020.
Size compared with every private equity fund
Raised more than 50% of the 1,403 private equity funds based in Texas, and more than 21% of all 8,950 that report sales.