AltMountain

Clocktower Technologies I LP

Santa Monica, CA · CIK 1650565
Status: no Form D since Aug 2016. 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.

Clocktower Technologies I LP is a private equity fund based in Santa Monica, California. According to its most recent Form D, filed Aug 11, 2016, it has sold $5,000,000 of interests to 7 investors since its first sale in Jul 2015. 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 Drobny Capital, L.P; Clocktower Technology Ventures LLC.

Total raised
$5,000,000Cumulative sales reported on Form D
Investors
7
First sale
Jul 27, 2015
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
Drobny Capital, L.P; Clocktower Technology Ventures LLC
Latest Form D
Aug 11, 2016

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 Clocktower Technologies I LP

What is the minimum investment for Clocktower Technologies I LP?

Clocktower Technologies I LP's latest Form D, filed Aug 11, 2016, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Clocktower Technologies I LP?

Clocktower Technologies I 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 Clocktower Technologies I LP raised?

Clocktower Technologies I LP reports $5,000,000 sold from 7 investors on its Form D filed Aug 11, 2016. This is cumulative sales since the offering began, not current assets or performance.

Where is Clocktower Technologies I LP based?

Clocktower Technologies I LP is based in Santa Monica, California.

When did Clocktower Technologies I LP launch?

Clocktower Technologies I LP reports its first sale in Jul 2015.

Size compared with every private equity fund

Raised more than 60% of the 1,737 private equity funds based in California, and more than 34% of all 8,864 that report sales.

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