Free Lunch, LP
Free Lunch, LP is a private investment fund based in Chapel Hill, North Carolina. According to its most recent Form D, filed Sep 21, 2023, it has sold $200,000 of interests to 2 investors since its first sale in Sep 2022. The minimum investment it accepts from an outside investor is $25,000. 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 Steven Boggs.
- Total raised
- $200,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Sep 9, 2022
- Minimum investment
- $25,000
- 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
- Steven Boggs
- Latest Form D
- Sep 21, 2023
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
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Sep 21, 2023 | Amendment | $200,000 | 2 | SEC.gov ↗ |
| Sep 21, 2022 | First notice | $400,000 | 1 | SEC.gov ↗ |
2 Form D filings in the SEC's electronic records (2008 onward), the earliest on Sep 21, 2022. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about Free Lunch, LP
What is the minimum investment for Free Lunch, LP?
According to its latest Form D, filed Sep 21, 2023, the minimum investment Free Lunch, LP accepts from an outside investor is $25,000.
Who can invest in Free Lunch, LP?
Free Lunch, 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 Free Lunch, LP raised?
Free Lunch, LP reports $200,000 sold from 2 investors on its Form D filed Sep 21, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Free Lunch, LP based?
Free Lunch, LP is based in Chapel Hill, North Carolina.
When did Free Lunch, LP launch?
Free Lunch, LP reports its first sale in Sep 2022.
Size compared with every private investment fund
Raised more than 20% of the 246 private investment funds based in North Carolina, and more than 4% of all 10,333 that report sales.