NCN On3 Fund 2, LP is a private equity fund based in Nashville, Tennessee. According to its most recent Form D, filed Mar 6, 2024, it has sold $1,295,000 of interests to 5 investors since its first sale in Feb 2024. The minimum investment it accepts from an outside investor is $20,000. 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 Thomas Chambless, Jr; Charles Perry, III; NCN Management Company IV, LLC.
- Total raised
- $1,295,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Feb 28, 2024
- Minimum investment
- $20,000
- 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
- Thomas Chambless, Jr; Charles Perry, III; NCN Management Company IV, LLC
- Latest Form D
- Mar 6, 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 NCN On3 Fund 2, LP
What is the minimum investment for NCN On3 Fund 2, LP?
According to its latest Form D, filed Mar 6, 2024, the minimum investment NCN On3 Fund 2, LP accepts from an outside investor is $20,000.
Who can invest in NCN On3 Fund 2, LP?
NCN On3 Fund 2, 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 NCN On3 Fund 2, LP raised?
NCN On3 Fund 2, LP reports $1,295,000 sold from 5 investors on its Form D filed Mar 6, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is NCN On3 Fund 2, LP based?
NCN On3 Fund 2, LP is based in Nashville, Tennessee.
When did NCN On3 Fund 2, LP launch?
NCN On3 Fund 2, LP reports its first sale in Feb 2024.
Size compared with every private equity fund
Raised more than 46% of the 76 private equity funds based in Tennessee, and more than 23% of all 8,950 that report sales.