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.