AltMountain

HCM IP Venture, LP

Newport Beach, CA · CIK 1769079
Status: no Form D since Mar 2019. 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.

HCM IP Venture, LP is a private investment fund based in Newport Beach, California. According to its most recent Form D, filed Mar 1, 2019, it has sold $30,550,000 of interests to 44 investors since its first sale in Feb 2019. 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 Hollencrest Capital Management, LLC; Gregory Pellizzon; Peter Pellizzon.

Total raised
$30,550,000Cumulative sales reported on Form D
Investors
44
First sale
Feb 19, 2019
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
Hollencrest Capital Management, LLC; Gregory Pellizzon; Peter Pellizzon
Latest Form D
Mar 1, 2019

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 IP Venture, LP

What is the minimum investment for HCM IP Venture, LP?

HCM IP Venture, LP's latest Form D, filed Mar 1, 2019, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in HCM IP Venture, LP?

HCM IP Venture, LP 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 IP Venture, LP raised?

HCM IP Venture, LP reports $30,550,000 sold from 44 investors on its Form D filed Mar 1, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is HCM IP Venture, LP based?

HCM IP Venture, LP is based in Newport Beach, California.

When did HCM IP Venture, LP launch?

HCM IP Venture, LP reports its first sale in Feb 2019.

Size compared with every private investment fund

Raised more than 72% of the 1,717 private investment funds based in California, and more than 56% of all 10,287 that report sales.

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