Clover Fund, L.P. is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed Oct 18, 2013, it has sold $7,000,000 of interests to 13 investors since its first sale in Oct 2013. 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 Clover Fund GP, LLC; Aydin Senkut; Sundeep Peechu.
- Total raised
- $7,000,000Cumulative sales reported on Form D
- Investors
- 13
- First sale
- Oct 4, 2013
- 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
- Clover Fund GP, LLC; Aydin Senkut; Sundeep Peechu
- Latest Form D
- Oct 18, 2013
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 Clover Fund, L.P.
What is the minimum investment for Clover Fund, L.P.?
Clover Fund, L.P.'s latest Form D, filed Oct 18, 2013, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Clover Fund, L.P.?
Clover Fund, 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 Clover Fund, L.P. raised?
Clover Fund, L.P. reports $7,000,000 sold from 13 investors on its Form D filed Oct 18, 2013. This is cumulative sales since the offering began, not current assets or performance.
Where is Clover Fund, L.P. based?
Clover Fund, L.P. is based in Palo Alto, California.
When did Clover Fund, L.P. launch?
Clover Fund, L.P. reports its first sale in Oct 2013.
Size compared with every venture capital fund
Raised more than 71% of the 2,222 venture capital funds based in California, and more than 85% of all 14,829 that report sales.