Glean Tech Fund III LP
Glean Tech Fund III LP is a private equity fund based in West Hollywood, California. According to its most recent Form D, filed Aug 2, 2021, it has sold $153,800,000 of interests to 31 investors since its first sale in Jul 2021. The minimum investment it accepts from an outside investor is $1. 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 LLC Glean Capital Partners III.
- Total raised
- $153,800,000Cumulative sales reported on Form D
- Investors
- 31
- First sale
- Jul 1, 2021
- Minimum investment
- $1
- 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
- LLC Glean Capital Partners III
- Latest Form D
- Aug 2, 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 Glean Tech Fund III LP
What is the minimum investment for Glean Tech Fund III LP?
According to its latest Form D, filed Aug 2, 2021, the minimum investment Glean Tech Fund III LP accepts from an outside investor is $1.
Who can invest in Glean Tech Fund III LP?
Glean Tech Fund III 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 Glean Tech Fund III LP raised?
Glean Tech Fund III LP reports $153,800,000 sold from 31 investors on its Form D filed Aug 2, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Glean Tech Fund III LP based?
Glean Tech Fund III LP is based in West Hollywood, California.
When did Glean Tech Fund III LP launch?
Glean Tech Fund III LP reports its first sale in Jul 2021.
Size compared with every private equity fund
Raised more than 90% of the 1,742 private equity funds based in California, and more than 78% of all 8,883 that report sales.