Indicator Fund 1, L.P. is a venture capital fund based in Sao Paulo, Brazil. According to its most recent Form D, filed Sep 24, 2018, it has sold $3,970,000 of interests to 32 investors since its first sale in Sep 2016. 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 Derek Bittar; Thomas Bittar.
- Total raised
- $3,970,000Cumulative sales reported on Form D
- Investors
- 32
- First sale
- Sep 20, 2016
- 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
- Derek Bittar; Thomas Bittar
- Latest Form D
- Sep 24, 2018
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 Indicator Fund 1, L.P.
What is the minimum investment for Indicator Fund 1, L.P.?
Indicator Fund 1, L.P.'s latest Form D, filed Sep 24, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Indicator Fund 1, L.P.?
Indicator Fund 1, L.P. 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 Indicator Fund 1, L.P. raised?
Indicator Fund 1, L.P. reports $3,970,000 sold from 32 investors on its Form D filed Sep 24, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Indicator Fund 1, L.P. based?
Indicator Fund 1, L.P. is based in Sao Paulo, Brazil.
When did Indicator Fund 1, L.P. launch?
Indicator Fund 1, L.P. reports its first sale in Sep 2016.
Size compared with every venture capital fund
Raised more than 64% of the 22 venture capital funds based in Brazil, and more than 79% of all 14,840 that report sales.