BV5 Annex LLC
BV5 Annex LLC is a venture capital fund based in Pittsburgh, Pennsylvania. According to its most recent Form D, filed Jan 14, 2020, it has sold $9,935,000 of interests to 25 investors since its first sale in Dec 2019. 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(b), which does not permit general solicitation. Related persons named in the filing include LLC Birchmere Management; LLC Birchmere Holdings; Ned Renzi.
- Total raised
- $9,935,000Cumulative sales reported on Form D
- Investors
- 25
- First sale
- Dec 9, 2019
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- LLC Birchmere Management; LLC Birchmere Holdings; Ned Renzi
- Latest Form D
- Jan 14, 2020
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 BV5 Annex LLC
What is the minimum investment for BV5 Annex LLC?
BV5 Annex LLC's latest Form D, filed Jan 14, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in BV5 Annex LLC?
BV5 Annex 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(b), which does not allow general advertising.
How much has BV5 Annex LLC raised?
BV5 Annex LLC reports $9,935,000 sold from 25 investors on its Form D filed Jan 14, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is BV5 Annex LLC based?
BV5 Annex LLC is based in Pittsburgh, Pennsylvania.
When did BV5 Annex LLC launch?
BV5 Annex LLC reports its first sale in Dec 2019.
Size compared with every venture capital fund
Raised more than 79% of the 75 venture capital funds based in Pennsylvania, and more than 87% of all 14,840 that report sales.