HCM I, L.P.
HCM I, L.P. is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Aug 25, 2020, it has sold $4,650,000 of interests to 10 investors since its first sale in Dec 2015. 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 Baris Akis; Armaan Ali.
- Total raised
- $4,650,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Dec 23, 2015
- 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
- Baris Akis; Armaan Ali
- Latest Form D
- Aug 25, 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 HCM I, L.P.
What is the minimum investment for HCM I, L.P.?
HCM I, L.P.'s latest Form D, filed Aug 25, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in HCM I, L.P.?
HCM I, L.P. 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 HCM I, L.P. raised?
HCM I, L.P. reports $4,650,000 sold from 10 investors on its Form D filed Aug 25, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is HCM I, L.P. based?
HCM I, L.P. is based in San Francisco, California.
When did HCM I, L.P. launch?
HCM I, L.P. reports its first sale in Dec 2015.
Size compared with every venture capital fund
Raised more than 67% of the 2,224 venture capital funds based in California, and more than 81% of all 14,840 that report sales.