AltMountain

Ecp Galactic LP

Offshore
Status: no Form D since Nov 2022. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Ecp Galactic LP is a venture capital fund based in Toronto, Canada (federal Level). According to its most recent Form D, filed Nov 3, 2022, it has sold $4,083,954 of interests to 42 investors since its first sale in Mar 2022. The minimum investment it accepts from an outside investor is $100,000. 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 Sohail Lalani.

Total raised
$4,083,954Cumulative sales reported on Form D
Investors
42
First sale
Mar 22, 2022
Minimum investment
$100,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Sohail Lalani
Latest Form D
Nov 3, 2022

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 Ecp Galactic LP

What is the minimum investment for Ecp Galactic LP?

According to its latest Form D, filed Nov 3, 2022, the minimum investment Ecp Galactic LP accepts from an outside investor is $100,000.

Who can invest in Ecp Galactic LP?

Ecp Galactic 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 Ecp Galactic LP raised?

Ecp Galactic LP reports $4,083,954 sold from 42 investors on its Form D filed Nov 3, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Ecp Galactic LP based?

Ecp Galactic LP is based in Toronto, Canada (federal Level).

When did Ecp Galactic LP launch?

Ecp Galactic LP reports its first sale in Mar 2022.

Size compared with every venture capital fund

Raised more than 0% of the 1 venture capital funds based in Canada (federal Level), and more than 79% of all 14,732 that report sales.

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