AltMountain

Glean Tech Fund LP

Los Angeles, CA · CIK 1697777
Status: no Form D since Feb 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.

Glean Tech Fund LP is a private equity fund based in Los Angeles, California. According to its most recent Form D, filed Feb 10, 2017, it has sold $25,000,000 of interests to 3 investors since its first sale in Jan 2017. 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 Management LLC Nagel Family Capital; Levi Nagel; LLC Glean Capital.

Total raised
$25,000,000Cumulative sales reported on Form D
Investors
3
First sale
Jan 13, 2017
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
Management LLC Nagel Family Capital; Levi Nagel; LLC Glean Capital
Latest Form D
Feb 10, 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 Glean Tech Fund LP

What is the minimum investment for Glean Tech Fund LP?

According to its latest Form D, filed Feb 10, 2017, the minimum investment Glean Tech Fund LP accepts from an outside investor is $1.

Who can invest in Glean Tech Fund LP?

Glean Tech Fund 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 LP raised?

Glean Tech Fund LP reports $25,000,000 sold from 3 investors on its Form D filed Feb 10, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Glean Tech Fund LP based?

Glean Tech Fund LP is based in Los Angeles, California.

When did Glean Tech Fund LP launch?

Glean Tech Fund LP reports its first sale in Jan 2017.

Size compared with every private equity fund

Raised more than 76% of the 1,737 private equity funds based in California, and more than 54% of all 8,864 that report sales.

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