Expansion Fund LP is a private investment fund based in Palo Alto, California. According to its most recent Form D, filed Jan 28, 2016, it has sold $7,400,000 of interests to 23 investors since its first sale in Jan 2016. The minimum investment it accepts from an outside investor is $1,000. 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 Gil Penchina; Jens Beyrich; LLC Assure Fund Management.
- Total raised
- $7,400,000Cumulative sales reported on Form D
- Investors
- 23
- First sale
- Jan 18, 2016
- Minimum investment
- $1,000
- 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
- Gil Penchina; Jens Beyrich; LLC Assure Fund Management
- Latest Form D
- Jan 28, 2016
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 Expansion Fund LP
What is the minimum investment for Expansion Fund LP?
According to its latest Form D, filed Jan 28, 2016, the minimum investment Expansion Fund LP accepts from an outside investor is $1,000.
Who can invest in Expansion Fund LP?
Expansion 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 Expansion Fund LP raised?
Expansion Fund LP reports $7,400,000 sold from 23 investors on its Form D filed Jan 28, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Expansion Fund LP based?
Expansion Fund LP is based in Palo Alto, California.
When did Expansion Fund LP launch?
Expansion Fund LP reports its first sale in Jan 2016.
Size compared with every private investment fund
Raised more than 57% of the 1,714 private investment funds based in California, and more than 37% of all 10,270 that report sales.