AltMountain

First&16 LP

Berkeley, CA · CIK 1716670
Status: no Form D since Sep 2017. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

First&16 LP is a real estate fund based in Berkeley, California. According to its most recent Form D, filed Sep 11, 2017, it has sold $3,790,000 of interests to 19 investors since its first sale in Aug 2017. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Thomas Richman.

Total raised
$3,790,000Cumulative sales reported on Form D
Investors
19
First sale
Aug 25, 2017
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Thomas Richman
Latest Form D
Sep 11, 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 First&16 LP

What is the minimum investment for First&16 LP?

First&16 LP's latest Form D, filed Sep 11, 2017, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in First&16 LP?

First&16 LP is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has First&16 LP raised?

First&16 LP reports $3,790,000 sold from 19 investors on its Form D filed Sep 11, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is First&16 LP based?

First&16 LP is based in Berkeley, California.

When did First&16 LP launch?

First&16 LP reports its first sale in Aug 2017.

Size compared with every real estate fund

Raised more than 68% of the 1,086 real estate funds based in California, and more than 60% of all 7,311 that report sales.

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