DNB Opportunities, L.P. is a private equity fund based in Norfolk, Virginia. According to its most recent Form D, filed Nov 19, 2014, it has sold $44,750,000 of interests to 3 investors since its first sale in Nov 2014. The minimum investment it accepts from an outside investor is $250,000. 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 George Webb; Susan Colpitts; Anne Shumadine.
- Total raised
- $44,750,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Nov 5, 2014
- Minimum investment
- $250,000
- 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
- George Webb; Susan Colpitts; Anne Shumadine
- Latest Form D
- Nov 19, 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 DNB Opportunities, L.P.
What is the minimum investment for DNB Opportunities, L.P.?
According to its latest Form D, filed Nov 19, 2014, the minimum investment DNB Opportunities, L.P. accepts from an outside investor is $250,000.
Who can invest in DNB Opportunities, L.P.?
DNB Opportunities, L.P. 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 DNB Opportunities, L.P. raised?
DNB Opportunities, L.P. reports $44,750,000 sold from 3 investors on its Form D filed Nov 19, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is DNB Opportunities, L.P. based?
DNB Opportunities, L.P. is based in Norfolk, Virginia.
When did DNB Opportunities, L.P. launch?
DNB Opportunities, L.P. reports its first sale in Nov 2014.
Size compared with every private equity fund
Raised more than 88% of the 205 private equity funds based in Virginia, and more than 62% of all 8,950 that report sales.