Canfun2020 LP is a private investment fund based in Palo Alto, California. According to its most recent Form D, filed Mar 8, 2021, it has sold $500,000 of interests to 11 investors since its first sale in Oct 2020. 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 LLC Candou Ventures Fund 2; Richard Thoms; LLC Assure Fund Management II.
- Total raised
- $500,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Oct 1, 2020
- 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
- LLC Candou Ventures Fund 2; Richard Thoms; LLC Assure Fund Management II
- Latest Form D
- Mar 8, 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 Canfun2020 LP
What is the minimum investment for Canfun2020 LP?
Canfun2020 LP's latest Form D, filed Mar 8, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Canfun2020 LP?
Canfun2020 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 Canfun2020 LP raised?
Canfun2020 LP reports $500,000 sold from 11 investors on its Form D filed Mar 8, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Canfun2020 LP based?
Canfun2020 LP is based in Palo Alto, California.
When did Canfun2020 LP launch?
Canfun2020 LP reports its first sale in Oct 2020.
Size compared with every private investment fund
Raised more than 32% of the 1,714 private investment funds based in California, and more than 9% of all 10,255 that report sales.