Fiber Development Fund I LP
Fiber Development Fund I LP is a private investment fund based in Mentor, Ohio. According to its most recent Form D, filed Aug 25, 2022, it has sold $36,775,000 of interests to 14 investors since its first sale in Apr 2021. The minimum investment it accepts from an outside investor is $225,000. 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 Nicholas Hunter.
- Total raised
- $36,775,000Cumulative sales reported on Form D
- Investors
- 14
- First sale
- Apr 14, 2021
- Minimum investment
- $225,000
- 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
- Nicholas Hunter
- Latest Form D
- Aug 25, 2022
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 Fiber Development Fund I LP
What is the minimum investment for Fiber Development Fund I LP?
According to its latest Form D, filed Aug 25, 2022, the minimum investment Fiber Development Fund I LP accepts from an outside investor is $225,000.
Who can invest in Fiber Development Fund I LP?
Fiber Development Fund I 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 Fiber Development Fund I LP raised?
Fiber Development Fund I LP reports $36,775,000 sold from 14 investors on its Form D filed Aug 25, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Fiber Development Fund I LP based?
Fiber Development Fund I LP is based in Mentor, Ohio.
When did Fiber Development Fund I LP launch?
Fiber Development Fund I LP reports its first sale in Apr 2021.
Size compared with every private investment fund
Raised more than 55% of the 114 private investment funds based in Ohio, and more than 58% of all 10,287 that report sales.