Groundwork Fund I, L.P.
Groundwork Fund I, L.P. is a private investment fund based in San Francisco, California. According to its most recent Form D, filed Mar 25, 2025, it has sold $8,833,333 of interests to 15 investors since its first sale in Apr 2024. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Groundwork Management Partners, LLC; Derek Weinmuller; Groundwork Partners GP I, LLC.
- Total raised
- $8,833,333Cumulative sales reported on Form D
- Investors
- 15
- First sale
- Apr 11, 2024
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Groundwork Management Partners, LLC; Derek Weinmuller; Groundwork Partners GP I, LLC
- Latest Form D
- Mar 25, 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 Groundwork Fund I, L.P.
What is the minimum investment for Groundwork Fund I, L.P.?
Groundwork Fund I, L.P.'s latest Form D, filed Mar 25, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Groundwork Fund I, L.P.?
Groundwork Fund I, L.P. is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Groundwork Fund I, L.P. raised?
Groundwork Fund I, L.P. reports $8,833,333 sold from 15 investors on its Form D filed Mar 25, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Groundwork Fund I, L.P. based?
Groundwork Fund I, L.P. is based in San Francisco, California and is managed by Groundwork Management Partners, LLC.
When did Groundwork Fund I, L.P. launch?
Groundwork Fund I, L.P. reports its first sale in Apr 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 private investment fund
Raised more than 58% of the 1,717 private investment funds based in California, and more than 39% of all 10,287 that report sales.