Distributed Global Ventures LP
Distributed Global Ventures LP is a private equity fund based in Los Angeles, California. According to its most recent Form D, filed Feb 21, 2020, it has sold $10,000,000 of interests to 2 investors since its first sale in Dec 2019. The minimum investment it accepts from an outside investor is $2,000,000. 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 Jonathan Steindorff; Tucker Waterman; Distributed Global Ventures GP LLC.
- Total raised
- $10,000,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Dec 17, 2019
- Minimum investment
- $2,000,000
- 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
- Jonathan Steindorff; Tucker Waterman; Distributed Global Ventures GP LLC
- Latest Form D
- Feb 21, 2020
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 LP
What is the minimum investment for Distributed Global Ventures LP?
According to its latest Form D, filed Feb 21, 2020, the minimum investment Distributed Global Ventures LP accepts from an outside investor is $2,000,000.
Who can invest in Distributed Global Ventures LP?
Distributed Global Ventures 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 Distributed Global Ventures LP raised?
Distributed Global Ventures LP reports $10,000,000 sold from 2 investors on its Form D filed Feb 21, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Distributed Global Ventures LP based?
Distributed Global Ventures LP is based in Los Angeles, California.
When did Distributed Global Ventures LP launch?
Distributed Global Ventures LP reports its first sale in Dec 2019.
Size compared with every private equity fund
Raised more than 66% of the 1,737 private equity funds based in California, and more than 42% of all 8,864 that report sales.