Eclectic I LP is a venture capital fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Oct 25, 2021, it has sold $35,600,000 of interests to 17 investors since its first sale in Oct 2021. 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 Kyle Yuan; Eclectic I GP LLC.
- Total raised
- $35,600,000Cumulative sales reported on Form D
- Investors
- 17
- First sale
- Oct 22, 2021
- 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
- Kyle Yuan; Eclectic I GP LLC
- Latest Form D
- Oct 25, 2021
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 Eclectic I LP
What is the minimum investment for Eclectic I LP?
Eclectic I LP's latest Form D, filed Oct 25, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Eclectic I LP?
Eclectic I 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 Eclectic I LP raised?
Eclectic I LP reports $35,600,000 sold from 17 investors on its Form D filed Oct 25, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Eclectic I LP based?
Eclectic I LP is based in Grand Cayman, Cayman Islands.
When did Eclectic I LP launch?
Eclectic I LP reports its first sale in Oct 2021.
Size compared with every venture capital fund
Raised more than 85% of the 75 venture capital funds based in Cayman Islands, and more than 95% of all 14,820 that report sales.