Hanzo Rapid LLC is a venture capital fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Apr 7, 2020, it has sold $4,000,000 of interests to 2 investors since its first sale in Apr 2020. 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(b), which does not permit general solicitation. Related persons named in the filing include Monk's Hill Ventures GP, Ltd; Kuo-Yi Lim; Peng T. Ong.
- Total raised
- $4,000,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Apr 1, 2020
- Minimum investment
- None set
- 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
- Monk's Hill Ventures GP, Ltd; Kuo-Yi Lim; Peng T. Ong
- Latest Form D
- Apr 7, 2020
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 Hanzo Rapid LLC
What is the minimum investment for Hanzo Rapid LLC?
Hanzo Rapid LLC's latest Form D, filed Apr 7, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Hanzo Rapid LLC?
Hanzo Rapid LLC 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 Hanzo Rapid LLC raised?
Hanzo Rapid LLC reports $4,000,000 sold from 2 investors on its Form D filed Apr 7, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Hanzo Rapid LLC based?
Hanzo Rapid LLC is based in Grand Cayman, Cayman Islands.
When did Hanzo Rapid LLC launch?
Hanzo Rapid LLC reports its first sale in Apr 2020.
Size compared with every venture capital fund
Raised more than 60% of the 75 venture capital funds based in Cayman Islands, and more than 79% of all 14,840 that report sales.