AltMountain

Lateral Capital VI, LP

Sarasota, FL · CIK 1834421 · Sponsor: Lateral Capital Advisors, LLC
Status: no Form D since Feb 2022. 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.

Lateral Capital VI, LP is a private investment fund based in Sarasota, Florida. According to its most recent Form D, filed Feb 17, 2022, it has sold $7,950,000 of interests to 42 investors since its first sale in Dec 2020. 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 Lateral Capital Advisors, LLC; Lateral Capital VI General Partner, LLC; Timothy Kost.

Total raised
$7,950,000Cumulative sales reported on Form D
Investors
42
First sale
Dec 15, 2020
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
Lateral Capital Advisors, LLC; Lateral Capital VI General Partner, LLC; Timothy Kost
Latest Form D
Feb 17, 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 Lateral Capital VI, LP

What is the minimum investment for Lateral Capital VI, LP?

Lateral Capital VI, LP's latest Form D, filed Feb 17, 2022, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Lateral Capital VI, LP?

Lateral Capital VI, 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 Lateral Capital VI, LP raised?

Lateral Capital VI, LP reports $7,950,000 sold from 42 investors on its Form D filed Feb 17, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Lateral Capital VI, LP based?

Lateral Capital VI, LP is based in Sarasota, Florida.

When did Lateral Capital VI, LP launch?

Lateral Capital VI, LP reports its first sale in Dec 2020.

Size compared with every private investment fund

Raised more than 65% of the 868 private investment funds based in Florida, and more than 38% of all 10,333 that report sales.

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