First Biomed LTD is a private investment fund based in New York, New York. According to its most recent Form D, filed Feb 20, 2024, it has sold $5,000,000 of interests to 8 investors since its first sale in Feb 2010. The minimum investment it accepts from an outside investor is $50,000. 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 Robert Gottesman; Samuel Colin; First Manhattan Co. LLC.
- Total raised
- $5,000,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Feb 1, 2010
- Minimum investment
- $50,000
- 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
- Robert Gottesman; Samuel Colin; First Manhattan Co. LLC
- Latest Form D
- Feb 20, 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 First Biomed LTD
What is the minimum investment for First Biomed LTD?
According to its latest Form D, filed Feb 20, 2024, the minimum investment First Biomed LTD accepts from an outside investor is $50,000.
Who can invest in First Biomed LTD?
First Biomed LTD 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 First Biomed LTD raised?
First Biomed LTD reports $5,000,000 sold from 8 investors on its Form D filed Feb 20, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is First Biomed LTD based?
First Biomed LTD is based in New York, New York.
When did First Biomed LTD launch?
First Biomed LTD reports its first sale in Feb 2010.
Size compared with every private investment fund
Raised more than 41% of the 2,824 private investment funds based in New York, and more than 31% of all 10,270 that report sales.