AltMountain

Hoverink Opportunities Fund, LP

Grapevine, TX · CIK 1652818
Status: no Form D since Dec 2017. 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.

Hoverink Opportunities Fund, LP is a private equity fund based in Grapevine, Texas. According to its most recent Form D, filed Dec 28, 2017, it has sold $9,000,000 of interests to 2 investors since its first sale in Dec 2016. The minimum investment it accepts from an outside investor is $500,000. 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 Debbie Carter; Cyrus Sajna.

Total raised
$9,000,000Cumulative sales reported on Form D
Investors
2
First sale
Dec 30, 2016
Minimum investment
$500,000
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
Debbie Carter; Cyrus Sajna
Latest Form D
Dec 28, 2017

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 Hoverink Opportunities Fund, LP

What is the minimum investment for Hoverink Opportunities Fund, LP?

According to its latest Form D, filed Dec 28, 2017, the minimum investment Hoverink Opportunities Fund, LP accepts from an outside investor is $500,000.

Who can invest in Hoverink Opportunities Fund, LP?

Hoverink Opportunities Fund, 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 Hoverink Opportunities Fund, LP raised?

Hoverink Opportunities Fund, LP reports $9,000,000 sold from 2 investors on its Form D filed Dec 28, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Hoverink Opportunities Fund, LP based?

Hoverink Opportunities Fund, LP is based in Grapevine, Texas.

When did Hoverink Opportunities Fund, LP launch?

Hoverink Opportunities Fund, LP reports its first sale in Dec 2016.

Size compared with every private equity fund

Raised more than 65% of the 1,401 private equity funds based in Texas, and more than 41% of all 8,896 that report sales.

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