Lo3 SBIC, LP is a private investment fund based in Nashville, Tennessee. According to its most recent Form D, filed Mar 29, 2024, it has sold $85,135,000 of interests to 78 investors since its first sale in Dec 2021. The minimum investment it accepts from an outside investor is $250,000. 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 Glenn Harrison.
- Total raised
- $85,135,000Cumulative sales reported on Form D
- Investors
- 78
- First sale
- Dec 7, 2021
- Minimum investment
- $250,000
- 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
- Glenn Harrison
- Latest Form D
- Mar 29, 2024
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 Lo3 SBIC, LP
What is the minimum investment for Lo3 SBIC, LP?
According to its latest Form D, filed Mar 29, 2024, the minimum investment Lo3 SBIC, LP accepts from an outside investor is $250,000.
Who can invest in Lo3 SBIC, LP?
Lo3 SBIC, 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 Lo3 SBIC, LP raised?
Lo3 SBIC, LP reports $85,135,000 sold from 78 investors on its Form D filed Mar 29, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Lo3 SBIC, LP based?
Lo3 SBIC, LP is based in Nashville, Tennessee.
When did Lo3 SBIC, LP launch?
Lo3 SBIC, LP reports its first sale in Dec 2021.
Size compared with every private investment fund
Raised more than 85% of the 91 private investment funds based in Tennessee, and more than 69% of all 10,255 that report sales.