HIP Fund I, LP is a venture capital fund based in Campbell, California. According to its most recent Form D, filed Jan 19, 2024, it has sold $1,220,000 of interests to 27 investors since its first sale in Jan 2023. The filing does not set a minimum investment. 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 HIP Series Management LLC; HIP Fund GP I, LLC; Samir Batra.
- Total raised
- $1,220,000Cumulative sales reported on Form D
- Investors
- 27
- First sale
- Jan 19, 2023
- Minimum investment
- None set
- 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
- HIP Series Management LLC; HIP Fund GP I, LLC; Samir Batra
- Latest Form D
- Jan 19, 2024
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 HIP Fund I, LP
What is the minimum investment for HIP Fund I, LP?
HIP Fund I, LP's latest Form D, filed Jan 19, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in HIP Fund I, LP?
HIP Fund I, 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 HIP Fund I, LP raised?
HIP Fund I, LP reports $1,220,000 sold from 27 investors on its Form D filed Jan 19, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is HIP Fund I, LP based?
HIP Fund I, LP is based in Campbell, California.
When did HIP Fund I, LP launch?
HIP Fund I, LP reports its first sale in Jan 2023.
Size compared with every venture capital fund
Raised more than 52% of the 2,226 venture capital funds based in California, and more than 64% of all 14,875 that report sales.