Green Flag Fund I, L.P. is a venture capital fund based in Woodland Hills, California. According to its most recent Form D, filed May 2, 2025, it has sold $3,075,450 of interests to 24 investors since its first sale in May 2024. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Deborah Fairlamb; Justin Zeefe; Kalyna Capital LLC.
- Total raised
- $3,075,450Cumulative sales reported on Form D
- Investors
- 24
- First sale
- May 3, 2024
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Deborah Fairlamb; Justin Zeefe; Kalyna Capital LLC
- Latest Form D
- May 2, 2025
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 Green Flag Fund I, L.P.
What is the minimum investment for Green Flag Fund I, L.P.?
Green Flag Fund I, L.P.'s latest Form D, filed May 2, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Green Flag Fund I, L.P.?
Green Flag Fund I, L.P. 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Green Flag Fund I, L.P. raised?
Green Flag Fund I, L.P. reports $3,075,450 sold from 24 investors on its Form D filed May 2, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Green Flag Fund I, L.P. based?
Green Flag Fund I, L.P. is based in Woodland Hills, California.
When did Green Flag Fund I, L.P. launch?
Green Flag Fund I, L.P. reports its first sale in May 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 62% of the 2,268 venture capital funds based in California, and more than 77% of all 15,160 that report sales.