HSI Phaidra I LLC
HSI Phaidra I LLC is a venture capital fund based in Los Angeles, California. According to its most recent Form D, filed Jul 27, 2022, it has sold $1,921,996 of interests to 12 investors since its first sale in Jun 2022. The minimum investment it accepts from an outside investor is $4,000. 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 Henry Elkus; Helena Special Investments Fund I GP LLC; Samuel Feinburg.
- Total raised
- $1,921,996Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Jun 16, 2022
- Minimum investment
- $4,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Henry Elkus; Helena Special Investments Fund I GP LLC; Samuel Feinburg
- Latest Form D
- Jul 27, 2022
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 HSI Phaidra I LLC
What is the minimum investment for HSI Phaidra I LLC?
According to its latest Form D, filed Jul 27, 2022, the minimum investment HSI Phaidra I LLC accepts from an outside investor is $4,000.
Who can invest in HSI Phaidra I LLC?
HSI Phaidra I LLC 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 HSI Phaidra I LLC raised?
HSI Phaidra I LLC reports $1,921,996 sold from 12 investors on its Form D filed Jul 27, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is HSI Phaidra I LLC based?
HSI Phaidra I LLC is based in Los Angeles, California.
When did HSI Phaidra I LLC launch?
HSI Phaidra I LLC reports its first sale in Jun 2022.
Size compared with every venture capital fund
Raised more than 56% of the 2,227 venture capital funds based in California, and more than 70% of all 14,865 that report sales.