AltMountain

HCG Digital Ventures, LP

Raleigh, NC · CIK 1801412
Status: no Form D since Feb 2021. 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.

HCG Digital Ventures, LP is a private investment fund based in Raleigh, North Carolina. According to its most recent Form D, filed Feb 16, 2021, it has sold $5,466,000 of interests to 37 investors since its first sale in Jan 2020. The minimum investment it accepts from an outside investor is $250,000. 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 Hadi Habal; Jose Penabad; Gretta Heaney.

Total raised
$5,466,000Cumulative sales reported on Form D
Investors
37
First sale
Jan 30, 2020
Minimum investment
$250,000
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
Hadi Habal; Jose Penabad; Gretta Heaney
Latest Form D
Feb 16, 2021

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 HCG Digital Ventures, LP

What is the minimum investment for HCG Digital Ventures, LP?

According to its latest Form D, filed Feb 16, 2021, the minimum investment HCG Digital Ventures, LP accepts from an outside investor is $250,000.

Who can invest in HCG Digital Ventures, LP?

HCG Digital Ventures, LP 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 HCG Digital Ventures, LP raised?

HCG Digital Ventures, LP reports $5,466,000 sold from 37 investors on its Form D filed Feb 16, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is HCG Digital Ventures, LP based?

HCG Digital Ventures, LP is based in Raleigh, North Carolina.

When did HCG Digital Ventures, LP launch?

HCG Digital Ventures, LP reports its first sale in Jan 2020.

Size compared with every private investment fund

Raised more than 45% of the 246 private investment funds based in North Carolina, and more than 33% of all 10,270 that report sales.

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