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Clarus Defined Exit I, L.P.

Cambridge, MA · CIK 1615352
Status: no Form D since Aug 2014. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Clarus Defined Exit I, L.P. is a venture capital fund based in Cambridge, Massachusetts. According to its most recent Form D, filed Aug 5, 2014, it has sold $100,000,000 of interests to 2 investors since its first sale in Jul 2014. The minimum investment it accepts from an outside investor is $14,000,000. 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 Clarus Ventures DE GP, LLC; Nicholas Simon; Kurt Wheeler.

Total raised
$100,000,000Cumulative sales reported on Form D
Investors
2
First sale
Jul 25, 2014
Minimum investment
$14,000,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Clarus Ventures DE GP, LLC; Nicholas Simon; Kurt Wheeler
Latest Form D
Aug 5, 2014

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 Clarus Defined Exit I, L.P.

What is the minimum investment for Clarus Defined Exit I, L.P.?

According to its latest Form D, filed Aug 5, 2014, the minimum investment Clarus Defined Exit I, L.P. accepts from an outside investor is $14,000,000.

Who can invest in Clarus Defined Exit I, L.P.?

Clarus Defined Exit I, 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 Clarus Defined Exit I, L.P. raised?

Clarus Defined Exit I, L.P. reports $100,000,000 sold from 2 investors on its Form D filed Aug 5, 2014. This is cumulative sales since the offering began, not current assets or performance.

Where is Clarus Defined Exit I, L.P. based?

Clarus Defined Exit I, L.P. is based in Cambridge, Massachusetts.

When did Clarus Defined Exit I, L.P. launch?

Clarus Defined Exit I, L.P. reports its first sale in Jul 2014.

Size compared with every venture capital fund

Raised more than 94% of the 528 venture capital funds based in Massachusetts, and more than 98% of all 14,800 that report sales.

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