EIC Parallel Fund, LP is a venture capital fund based in Orinda, California. According to its most recent Form D, filed Jan 22, 2018, it has sold $6,255,000 of interests to 16 investors since its first sale in Aug 2016. The filing does not set a minimum investment. 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 W. Coyle; Jeffrey Clark; Kevin Skillern.
- Total raised
- $6,255,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Aug 12, 2016
- Minimum investment
- None set
- 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
- W. Coyle; Jeffrey Clark; Kevin Skillern
- Latest Form D
- Jan 22, 2018
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 EIC Parallel Fund, LP
What is the minimum investment for EIC Parallel Fund, LP?
EIC Parallel Fund, LP's latest Form D, filed Jan 22, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in EIC Parallel Fund, LP?
EIC Parallel Fund, 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 EIC Parallel Fund, LP raised?
EIC Parallel Fund, LP reports $6,255,000 sold from 16 investors on its Form D filed Jan 22, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is EIC Parallel Fund, LP based?
EIC Parallel Fund, LP is based in Orinda, California.
When did EIC Parallel Fund, LP launch?
EIC Parallel Fund, LP reports its first sale in Aug 2016.
Size compared with every venture capital fund
Raised more than 70% of the 2,199 venture capital funds based in California, and more than 84% of all 14,768 that report sales.