AltMountain

HBSE Ventures, LLC

New York, NY · CIK 1748337
Status: no Form D since Aug 2018. 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.

HBSE Ventures, LLC is a venture capital fund based in New York, New York. According to its most recent Form D, filed Aug 7, 2018, it has sold $25,000,000 of interests to 1 investor since its first sale in Jul 2018. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include HBSE Ventures Managing Member, LLC; HBSE Management, LLC; Bradford Farkas.

Total raised
$25,000,000Cumulative sales reported on Form D
Investors
1
First sale
Jul 27, 2018
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
HBSE Ventures Managing Member, LLC; HBSE Management, LLC; Bradford Farkas
Latest Form D
Aug 7, 2018

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 HBSE Ventures, LLC

What is the minimum investment for HBSE Ventures, LLC?

HBSE Ventures, LLC's latest Form D, filed Aug 7, 2018, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in HBSE Ventures, LLC?

HBSE Ventures, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has HBSE Ventures, LLC raised?

HBSE Ventures, LLC reports $25,000,000 sold from 1 investor on its Form D filed Aug 7, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is HBSE Ventures, LLC based?

HBSE Ventures, LLC is based in New York, New York.

When did HBSE Ventures, LLC launch?

HBSE Ventures, LLC reports its first sale in Jul 2018.

Size compared with every venture capital fund

Raised more than 87% of the 1,233 venture capital funds based in New York, and more than 93% of all 14,835 that report sales.

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