Elefund, L.P.
Elefund, L.P. is a venture capital fund based in Melville, New York. According to its most recent Form D, filed May 26, 2017, it has sold $8,834,802 of interests to 30 investors since its first sale in Jul 2015. 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 Elefund Management Company, LLC; Serik Kaldykulov; Elefund GP I, LLC.
- Total raised
- $8,834,802Cumulative sales reported on Form D
- Investors
- 30
- First sale
- Jul 13, 2015
- 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
- Elefund Management Company, LLC; Serik Kaldykulov; Elefund GP I, LLC
- Latest Form D
- May 26, 2017
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 Elefund, L.P.
What is the minimum investment for Elefund, L.P.?
Elefund, L.P.'s latest Form D, filed May 26, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Elefund, L.P.?
Elefund, 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 Elefund, L.P. raised?
Elefund, L.P. reports $8,834,802 sold from 30 investors on its Form D filed May 26, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Elefund, L.P. based?
Elefund, L.P. is based in Melville, New York.
When did Elefund, L.P. launch?
Elefund, L.P. reports its first sale in Jul 2015.
Size compared with every venture capital fund
Raised more than 75% of the 1,234 venture capital funds based in New York, and more than 87% of all 14,840 that report sales.