L Capital I LP
L Capital I LP is a private equity fund based in San Francisco, California. According to its most recent Form D, filed Jan 24, 2018, it has sold $20,055,000 of interests to 57 investors since its first sale in Jan 2017. 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 Simon Francis; Barton Foster.
- Total raised
- $20,055,000Cumulative sales reported on Form D
- Investors
- 57
- First sale
- Jan 2, 2017
- 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
- Simon Francis; Barton Foster
- Latest Form D
- Jan 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 L Capital I LP
What is the minimum investment for L Capital I LP?
L Capital I LP's latest Form D, filed Jan 24, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in L Capital I LP?
L Capital 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 L Capital I LP raised?
L Capital I LP reports $20,055,000 sold from 57 investors on its Form D filed Jan 24, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is L Capital I LP based?
L Capital I LP is based in San Francisco, California.
When did L Capital I LP launch?
L Capital I LP reports its first sale in Jan 2017.
Size compared with every private equity fund
Raised more than 74% of the 1,747 private equity funds based in California, and more than 52% of all 8,950 that report sales.