Ifp III-B, LP is a venture capital fund based in Durham, North Carolina. According to its most recent Form D, filed Dec 6, 2019, it has sold $13,687,500 of interests to 52 investors since its first sale in Dec 2019. The minimum investment it accepts from an outside investor is $25,000. 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 John Cambier; Lister Delgado.
- Total raised
- $13,687,500Cumulative sales reported on Form D
- Investors
- 52
- First sale
- Dec 3, 2019
- Minimum investment
- $25,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- John Cambier; Lister Delgado
- Latest Form D
- Dec 6, 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 Ifp III-B, LP
What is the minimum investment for Ifp III-B, LP?
According to its latest Form D, filed Dec 6, 2019, the minimum investment Ifp III-B, LP accepts from an outside investor is $25,000.
Who can invest in Ifp III-B, LP?
Ifp III-B, 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 Ifp III-B, LP raised?
Ifp III-B, LP reports $13,687,500 sold from 52 investors on its Form D filed Dec 6, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Ifp III-B, LP based?
Ifp III-B, LP is based in Durham, North Carolina.
When did Ifp III-B, LP launch?
Ifp III-B, LP reports its first sale in Dec 2019.
Size compared with every venture capital fund
Raised more than 89% of the 120 venture capital funds based in North Carolina, and more than 90% of all 14,865 that report sales.