AltMountain

Lc-Vr1, LP

Largo, FL · CIK 1890790
Status: no Form D since Jan 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.

Lc-Vr1, LP is a private equity fund based in Largo, Florida. According to its most recent Form D, filed Jan 12, 2022, it has sold $6,053,770 of interests to 15 investors since its first sale in Dec 2021. 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 Loci Capital Management Co., LLC; Lc-Vr1 GP, LLC; Loci Capital Group, LLC.

Total raised
$6,053,770Cumulative sales reported on Form D
Investors
15
First sale
Dec 3, 2021
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
Loci Capital Management Co., LLC; Lc-Vr1 GP, LLC; Loci Capital Group, LLC
Latest Form D
Jan 12, 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 Lc-Vr1, LP

What is the minimum investment for Lc-Vr1, LP?

Lc-Vr1, LP's latest Form D, filed Jan 12, 2022, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Lc-Vr1, LP?

Lc-Vr1, 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 Lc-Vr1, LP raised?

Lc-Vr1, LP reports $6,053,770 sold from 15 investors on its Form D filed Jan 12, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Lc-Vr1, LP based?

Lc-Vr1, LP is based in Largo, Florida.

When did Lc-Vr1, LP launch?

Lc-Vr1, LP reports its first sale in Dec 2021.

Size compared with every private equity fund

Raised more than 70% of the 777 private equity funds based in Florida, and more than 37% of all 8,888 that report sales.

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