Elsewhere Partners BB, LP is a venture capital fund based in Austin, Texas. According to its most recent Form D, filed Aug 16, 2021, it has sold $14,399,999 of interests to 41 investors since its first sale in Aug 2021. 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 Elsewhere Partners, LLC; Elsewhere Partners BB GP, LP; John Thornton.
- Total raised
- $14,399,999Cumulative sales reported on Form D
- Investors
- 41
- First sale
- Aug 9, 2021
- 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
- Elsewhere Partners, LLC; Elsewhere Partners BB GP, LP; John Thornton
- Latest Form D
- Aug 16, 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 Elsewhere Partners BB, LP
What is the minimum investment for Elsewhere Partners BB, LP?
Elsewhere Partners BB, LP's latest Form D, filed Aug 16, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Elsewhere Partners BB, LP?
Elsewhere Partners BB, 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 Elsewhere Partners BB, LP raised?
Elsewhere Partners BB, LP reports $14,399,999 sold from 41 investors on its Form D filed Aug 16, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Elsewhere Partners BB, LP based?
Elsewhere Partners BB, LP is based in Austin, Texas.
When did Elsewhere Partners BB, LP launch?
Elsewhere Partners BB, LP reports its first sale in Aug 2021.
Size compared with every venture capital fund
Raised more than 86% of the 489 venture capital funds based in Texas, and more than 90% of all 14,840 that report sales.