FXP Fund 1, LP is a venture capital fund based in Newton, Massachusetts. According to its most recent Form D, filed Dec 8, 2021, it has sold $44,946,213 of interests to 37 investors since its first sale in Nov 2021. The minimum investment it accepts from an outside investor is $33,987. 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 Tsahy Shapsa; FXP Fund 1 GPGP, LLC; Gil Zimmermann.
- Total raised
- $44,946,213Cumulative sales reported on Form D
- Investors
- 37
- First sale
- Nov 23, 2021
- Minimum investment
- $33,987
- 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
- Tsahy Shapsa; FXP Fund 1 GPGP, LLC; Gil Zimmermann
- Latest Form D
- Dec 8, 2021
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 FXP Fund 1, LP
What is the minimum investment for FXP Fund 1, LP?
According to its latest Form D, filed Dec 8, 2021, the minimum investment FXP Fund 1, LP accepts from an outside investor is $33,987.
Who can invest in FXP Fund 1, LP?
FXP Fund 1, 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 FXP Fund 1, LP raised?
FXP Fund 1, LP reports $44,946,213 sold from 37 investors on its Form D filed Dec 8, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is FXP Fund 1, LP based?
FXP Fund 1, LP is based in Newton, Massachusetts.
When did FXP Fund 1, LP launch?
FXP Fund 1, LP reports its first sale in Nov 2021.
Size compared with every venture capital fund
Raised more than 91% of the 528 venture capital funds based in Massachusetts, and more than 96% of all 14,800 that report sales.