Lerer Hippeau Ventures V, LP is a venture capital fund based in New York, New York. According to its most recent Form D, filed Nov 19, 2015, it has sold $110,890,000 of interests to 70 investors since its first sale in Aug 2015. 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 Lerer Hippeau Ventures Management, LLC; Kenneth Lerer; Benjamin Lerer.
- Total raised
- $110,890,000Cumulative sales reported on Form D
- Investors
- 70
- First sale
- Aug 26, 2015
- 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
- Lerer Hippeau Ventures Management, LLC; Kenneth Lerer; Benjamin Lerer
- Latest Form D
- Nov 19, 2015
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 Lerer Hippeau Ventures V, LP
What is the minimum investment for Lerer Hippeau Ventures V, LP?
Lerer Hippeau Ventures V, LP's latest Form D, filed Nov 19, 2015, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Lerer Hippeau Ventures V, LP?
Lerer Hippeau Ventures V, 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 Lerer Hippeau Ventures V, LP raised?
Lerer Hippeau Ventures V, LP reports $110,890,000 sold from 70 investors on its Form D filed Nov 19, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Lerer Hippeau Ventures V, LP based?
Lerer Hippeau Ventures V, LP is based in New York, New York.
When did Lerer Hippeau Ventures V, LP launch?
Lerer Hippeau Ventures V, LP reports its first sale in Aug 2015.
Size compared with every venture capital fund
Raised more than 97% of the 1,235 venture capital funds based in New York, and more than 98% of all 14,829 that report sales.