Distributed Global Ventures III LP
Distributed Global Ventures III LP is a private investment fund based in Los Angeles, California. According to its most recent Form D, filed Mar 6, 2023, it has sold $396,120,030 of interests to 55 investors since its first sale in May 2022. 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 Distributed Global Ventures III Manager LLC; Distributed Global Ventures III GP LLC; Tucker Waterman.
- Total raised
- $396,120,030Cumulative sales reported on Form D
- Investors
- 55
- First sale
- May 5, 2022
- 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
- Distributed Global Ventures III Manager LLC; Distributed Global Ventures III GP LLC; Tucker Waterman
- Latest Form D
- Mar 6, 2023
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 Distributed Global Ventures III LP
What is the minimum investment for Distributed Global Ventures III LP?
Distributed Global Ventures III LP's latest Form D, filed Mar 6, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Distributed Global Ventures III LP?
Distributed Global Ventures III LP 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 Distributed Global Ventures III LP raised?
Distributed Global Ventures III LP reports $396,120,030 sold from 55 investors on its Form D filed Mar 6, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Distributed Global Ventures III LP based?
Distributed Global Ventures III LP is based in Los Angeles, California.
When did Distributed Global Ventures III LP launch?
Distributed Global Ventures III LP reports its first sale in May 2022.
Size compared with every private investment fund
Raised more than 92% of the 1,719 private investment funds based in California, and more than 86% of all 10,266 that report sales.