Fernwood Trace LP
Fernwood Trace LP is a venture capital fund based in Quincy, Massachusetts. According to its most recent Form D, filed Jun 28, 2024, it has sold $1,100,000 of interests to 26 investors since its first sale in Jun 2024. 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 Thomas Reilly; Milmont GP, LLC; Fernwood Investment Management, LLC.
- Total raised
- $1,100,000Cumulative sales reported on Form D
- Investors
- 26
- First sale
- Jun 10, 2024
- 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
- Thomas Reilly; Milmont GP, LLC; Fernwood Investment Management, LLC
- Latest Form D
- Jun 28, 2024
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 Fernwood Trace LP
What is the minimum investment for Fernwood Trace LP?
Fernwood Trace LP's latest Form D, filed Jun 28, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Fernwood Trace LP?
Fernwood Trace 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 Fernwood Trace LP raised?
Fernwood Trace LP reports $1,100,000 sold from 26 investors on its Form D filed Jun 28, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Fernwood Trace LP based?
Fernwood Trace LP is based in Quincy, Massachusetts.
When did Fernwood Trace LP launch?
Fernwood Trace LP reports its first sale in Jun 2024.
Size compared with every venture capital fund
Raised more than 65% of the 530 venture capital funds based in Massachusetts, and more than 63% of all 14,840 that report sales.